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Pointerra Joins US Army’s GRIDS IV Program as Subcontractor

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Pointerra ( (AU:3DP) ) just unveiled an announcement.

Pointerra Limited has been selected as a subcontractor under the US Army’s GRIDS IV program, which is a $499 million initiative aimed at enhancing geospatial capabilities for defense purposes. As part of the Leidos team, Pointerra has the opportunity to deploy its Pointerra3D platform, potentially contributing to real-time intelligence and operational support across various military commands. The program emphasizes AI-driven solutions and aims to address gaps in real-time data delivery, offering significant potential for Pointerra to expand its influence in the defense sector.

More about Pointerra

Pointerra Limited operates in the geospatial technology industry, providing advanced geospatial data solutions. The company is known for its digital twin platform, Pointerra3D, which offers real-time geospatial intelligence and situational awareness to enhance decision-making processes. Pointerra focuses on leveraging AI and machine learning to deliver rapid data integration and actionable insights, primarily serving defense and infrastructure sectors.

Average Trading Volume: 1,877,699

Technical Sentiment Signal: Sell

Current Market Cap: A$46.69M

See more insights into 3DP stock on TipRanks’ Stock Analysis page.

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