News Articles for Nearmap

Rob Newman leaves Nearmap

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Perth-founded tech company Nearmap has implemented big staff cuts shortly after global investor Thomas Bravo completed a $1 billion takeover.

At Close of Business 12 December 2022

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Senior editor Mark Beyer discusses some of the highlights from his recent conversation with Nearmap's Rob Newman.

Three keys to tech hub success

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Fresh from the $1 billion sale of Perth-founded Nearmap, Rob Newman has mused on what makes a successful tech hub.

At Close of Business 25 November 2022

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Jordan Murray and Matt Mckenzie discuss what happened when nurses rallied outside parliament today and what federal industrial relations reform means for future disputes.

$1bn Nearmap takeover approved

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Shareholders in Perth-founded aerial mapping company Nearmap have narrowly approved a takeover by US private equity group Thomas Bravo.

Alternative success mapped out

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Geospatial innovation shows that WA does tech investment very well.

Bid boosts wealth for Norgard, Newman

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Two low-key Western Australian business people are set for a windfall outcome if a $1 billion takeover bid for Perth-founded mapping business Nearmap is successful.

Workforce points Pointerra to growth

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Limitless WA: Human capital has been key for Perth-based 3D data business Pointerra taking its products into overseas markets.

Soaring on demand for high-res images

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A tech startup is aiming to extend the impact Perth innovators have had on the global geospatial industry.

WA stocks absent from tech index

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The ASX has launched a technology index with 46 constituent companies and while several, such as Nearmap and ResApp Health, have a WA connection, none are based in Perth.

Nearmap plummets on earnings downgrade

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Nearmap shares sunk nearly 30 per cent after the aerial mapping company issued an earnings warning, saying it had lost two major clients in North America as mapping for the driverless car industry stalled.

Nearmap shares soar on strong outlook

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Nearmap shares have gained more than 16 per cent after the digital imagery company reaffirmed its guidance for this financial year.

Nearmap in $70m raising

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Aerial imagery company Nearmap has boosted its coffers with a $70 million capital raising, with the proceeds set to be spent on sales and marketing.

Rosser still dreaming with his feet on the ground

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Brad Rosser brings diverse experience with Bond Corp, McKinsey and Co, Virgin and Unilever Ventures to his current focus on startups.

CEO lunch with Andrew Hall

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A survivor of the tech wreck, Andrew Hall tasted success in the venture capital space before launching his own new startup, Formalytics.

Nearmap to raise $25m

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Aerial imagery company Nearmap has announced plans to raise up to $25 million from investors to fund development, sales and marketing work.

Family Zone tops Techboard rank

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WAIITA Incite startup of the year Family Zone is Techboard's top trending startup for this fortnight, after launching a $4.5 million IPO and capturing significant mindshare as a result.

Droneshield up on ASX debut

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Counter-drone system manufacturer Droneshield has hit the ground running, with shares surging on its first day trading on the ASX.

DroneShield launches $5m IPO

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A US-founded tech company specialising in counter-drone systems has launched its prospectus for a $5 million initial public offering, with plans to list on the ASX by next month.

Board Moves - April 20 2016

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Ernest Massawe has resigned as a director of Swala Energy. Mr Massawe has been a non-executive director of the company since its incorporation in early 2013.

Board Moves March 16-18 2016

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Geoff Acton has been appointed as interim non-executive director of Antaria.

Nearmap chasing more growth

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A photomapping company led by Perth tech entrepreneur Rob Newman has swung into the red following its expansion into the US.

Incentives the hook for new CEOs

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SPECIAL REPORT: Newly appointed chief executives in Western Australia are mostly receiving lower salaries than their predecessors, but retaining plenty of upside through incentive schemes, a survey of nearly 40 new CEO pay packages has found.

Newman takes reins at nearmap

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Perth tech entrepreneur Rob Newman has replaced Sydney-based Simon Crowther as managing director of loss-making aerial imagery company nearmap.

Newman, Olson look to the (point) cloud

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Tech entrepreneur Rob Newman and company director Ian Olson are leading the latest backdoor listing on the ASX, with their spatial data service Pointerra to join the exchange through a reverse takeover of Soil Sub Technologies.

Grist funds another tech firm

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Former Amcom Telecommunications chairman Anthony Grist has invested in listed tech company Decimal Software, which is seeking extra cashflow while awaiting the receipt of a research and development tax refund.

Spookfish makes solid debut on ASX

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Spookfish has made a solid debut on its first day of trading on the ASX after a backdoor listing, building on big gains over the past six months as investors were buoyed by the geospatial company's high-profile backers.

Mining and engineering contractors drop in ASX indices

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Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.

nearmap targets mining and rail

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Google Maps competitor nearmap launched its first product aimed at businesses in mining, rail and ports today.

nearmap signs Google Maps deal

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Perth-based mapping services firm nearmap has bolstered its content offering, signing a commercial licence agreement to incorporate Google Maps into its products.

Stochastic talks up oil and gas software

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Osborne Park-based technology firm Stochastic Simulation has launched new software which it claims will enable oil and gas companies to achieve overnight a level of subsurface analysis which would have previously taken years.

Nearmap adds Noon to board

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Online photo-map provider nearmap has expanded its board with the appointment of Richard Noon, formerly of Webjet, as a non-executive director.

Rockman consults to nearmap

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SEEK co-founder Matt Rockman has been appointed as a growth consultant to online Photomap content provider nearmap.

nearmap paywall paying dividends

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Mapping services firm nearmap says its move to a subscription-based content model is proving successful, with the Perth-based company racking up its third consecutive quarter of positive cash-flow.

nearmap signs agreement with Hometrack

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Ipernica subsidiary Nearmap.com has announced its second significant property-related contract in less than a week, signing an agreement with real estate information services firm Hometrack.

NearMap.com joins govt supplier panel

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NearMap.com says the efficiency of its sales process to government agencies will improve greatly after the ipernica subsidiary was appointed to an Australian government geospatial supplier panel.

Investors holding all the cards as state’s innovation sector plays patience

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Time is money, but research takes time. It's the paradox facing innovative entrepreneurs across the state attempting to source capital to commercialise their ideas.

Sector struggling with lack of certainty

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MORE than two years after the federal government axed its Commercial Ready program, the innovation sector is still waiting for stability and certainty of government support.

Ipernica changes appeal stance

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West Perth-based technology group ipernica has decided to not appeal against a German court's dismissal of one of the company's largest intellectual property litigation cases.

$50m potential for ipernica subsidiary

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West Perth-based IP outfit ipernica says it could generate $50 million a year from government agencies in Australia after subsidiary NearMap licenced its Google Earth-like services to the City of Swan.