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Nearmap Ltd

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Nearmap boss Dr Rob Newman believes the business will be able to successfully defend the patent infringement suit filed by two of its competitors.

Nearmap forced to explain disclosure of US legal battle

Aerial mapping provider Nearmap has been forced by the ASX to explain its disclosure of a legal battle with US rival Eagleview that sent its share price sharply lower this month.

  • Colin Kruger

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Reports based on aerial roof imaging are at the centre of the legal action taken against Nearmap by US rival Eagleview.

US rival sues Nearmap for alleged patent infringement

Legal action by a US rival has clouded the future of Nearmap’s fast growing US business despite the aerial mapping provider saying it will vigorously defend itself against allegations of patent infringement.

  • Colin Kruger
Nearmap had zero warning of the short attack by Beijing-based J Capital, said chief executive Rob Newman.

Nearmap doubles down on US growth after blunting J Cap short attack

The ASX-listed aerial mapping provider has flagged additional investment to expand its US operations, with investors applauding the company’s latest numbers.

  • Colin Kruger
Nearmap shares dropped more than 7 per cent on Thursday before going into a trading halt after the Beijing-based J Capital alleged the aerial mapping provider Nearmap has been hiding a poor performance in its crucial US market.

Analysts defend Nearmap against short seller’s attack

Aerial mapping provider Nearmap, under fire after a high-profile short seller said it was using accounting tricks to boost its sales figures, has been backed by several analysts who played down the claims.

  • Colin Kruger
Aerial imagery provider Nearmap has been accused of hiding its faltering performance in the US by a short seller founded by former Labor candidate for Wentworth Tim Murray.

Short-seller J Capital takes aim at Nearmap

Beijing-based short seller J Capital has targeted another Australian tech stock, with the release of a report alleging aerial mapping provider Nearmap has been hiding a poor performance from its crucial US market.

  • Colin Kruger
Nearmap is taking advantage of a recent year-high share price to raise $90 million from investors to accelerate growth plans.

Nearmap announces $90 million raising to chase growth

Aerial mapping provider Nearmap is taking advantage of a recent year-high share price to raise $90 million from investors and accelerate growth plans.

  • Colin Kruger
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Rob Newman says Nearmap's services are proving useful to pandemic hit customers.

Losses mar another Nearmap result

The aerial mapping provider has indicated that its business is recovering from COVID-19 after reporting that trading conditions for the current year to date are in line with a year ago, but the market focused on a doubling in losses compared to the prior financial year.

  • Colin Kruger
Nearmap's aerial mapping captures Bondi Beach cleared by COVID restrictions.

Nearmap charts its way past COVID threat

A stumble in the autonomous vehicle sector earlier this year has proven to be more of a challenge than COVID for aerial mapping provider Nearmap. 

  • Colin Kruger
Land set aside for a cemetery in outer Brisbane was combed by police after Edmund Riggs finally told them where to look for the last of his wife's remains.

Secret weapon helps police with murders, security and missing people

Aerial imagery software Nearmap was used extensively in the search for a person missing for three weeks.

  • Toby Crockford
Nearmap chief executive Dr Rob Newman believes the company can be the dominant player in real-world image content collection globally.

Nearmap shoots skywards after flagging contracts on track

Shares in aerial imagery outfit Nearmap shares have soared after it noted annualised contract values were expected to land in line with consensus forecasts.

  • Colin Kruger

Original URL: https://www.theage.com.au/topic/nea-12n