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Aerometrex Secures Major LiDAR Contract with Queensland Government

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Aerometrex Secures Major LiDAR Contract with Queensland Government

Aerometrex Ltd. ( (AU:AMX) ) has issued an announcement.

Aerometrex Limited has secured a significant LiDAR contract worth approximately $0.875 million with the Queensland Government, aimed at delivering high accuracy airborne LiDAR, aerial imagery, and elevation datasets across south-west Queensland. This project, funded by both the Australian and Queensland governments under the Disaster Recovery Funding Arrangements, reinforces Aerometrex’s strong relationship with the Queensland Government and is expected to be completed within 2025.

More about Aerometrex Ltd.

Aerometrex Limited is a leading aerial mapping business that specializes in aerial imagery subscription services, LiDAR, and 3D mapping. The company operates throughout Australia and offers 3D services globally. Established in 1980, Aerometrex boasts a strong board and executive team with extensive industry experience.

YTD Price Performance: -35.00%

Average Trading Volume: 96,628

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$18.52M

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