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Geospatial tech company Aerometrex Ltd (ASX:AMX) has won receipt of an $0.34M – $0.68M contract from South Australia’s environment department to conduct a Adelaide metro coastal sand monitoring program.
Under the contract, Aerometrex will produce “a high resolution 3D reality mesh project for volumetric sand analysis over the Adelaide Metropolitan coastline.”
The thinly traded smallcap provides 3D modelling, LIDAR and aerial imagery services for civil engineering and other end purposes across Australia, Europe and the US.
For the Adelaide sands project, Aerometrex will use a helicopter to produce 3D models and other products which will allow the environment department to quantify volume and position of sand changes. Those models will ultimately allow for better future modelling as sea levels rise and beachfront erosion becomes more pronounced.
Aerometrex will produce a monthly capture of the target areas for the next 12 months with the contract to wind up September 2025 – all things in order. While the range for the value of the contract is quite large, it depends on the “numbers of captures undertaken.”
The money will be paid on a monthly basis by the SA government following each capturing batch.
Aerometrex chief Steve Masters, for one, highlighted the geospatial technology’s capability to address environmental objectives as well as that for engineering.
“This is an important project that shows the value of high-resolution 3D reality mesh in environmental management of coastal protection,” Masters said.
“It builds on the successful completion of a coastal capture pilot project for DEW’s Coast Protection Branch in January 2024 … this project aligns with Aerometrex’s key strategic initiatives to support critical sustainability.”
AMX last traded at 30.5cps.
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