In order to realize autonomy and intelligence for situation awareness, this paper proposes an intelligent situation awareness model based on fractional dimension information mining and multidimensional information reconstruction. First, some new concepts are proposed, the spatial situation perception is established by 3D reconstruction of the input fusion information, 4D reconstruction completes the situation comprehension and 5D reconstruction seeks the situation prediction. The three‐level situation estimation model is optimized to a more robust flexible model. Combined with the database system, the reasoning learning mechanism, and the diversified human‐machine interface concept, a basic framework of intelligent situation awareness is constructed. Second, the basic process of intelligent situation awareness is provided. Third, based on the flexible configuration method of the situation awareness system and the concept of unmanned weight determination for the situation awareness agents, an efficiency measurement model for the intelligent situation awareness model is also constructed, and an evaluation method for the consistency of multinode intelligent situation awareness is also provided. Fourth, the paper gives a typical electromagnetic situation estimation example for a drilling platform to explain and validate the concepts. Finally, several suggestions are put forward for the next construction of an intelligent situation awareness system.