MGISS Raises £600K for Mapping Critical Infrastructure

neub9
By neub9
2 Min Read

Mobile GIS Services (MGISS), a Liverpool, UK-based provider of geospatial software for utility companies, has secured £600K in funding from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.

The investment will be used to develop a new system in collaboration with the European Space Agency (ESA). Additionally, MGISS plans to create 11 new jobs in the coming year as a result of the funding.

Under the leadership of CEO Mike Darracott, MGISS leverages satellite data and mapping technologies to assist operators in identifying potential risks, such as construction work near underground cables or power lines. The company’s clients include Northumbrian Water Group, Wales and West Utilities, Severn Trent Water, construction firms like Galliford Try, and organizations like the National Trust and South West Peatland Partnership.

The funding will enable MGISS to utilize high-resolution satellite images from the ESA to provide utility firms with a comprehensive view of key locations, ultimately reducing the need for carbon-emitting helicopter ‘fly overs’.

This latest investment follows a period of significant growth for MGISS, during which the company has seen a 300% increase in annual recurring revenue over the past three years.

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