Aerometrex Secures Major LiDAR Contract with Queensland Government

Tip Ranks
2025.04.07 01:48
portai
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Aerometrex Ltd. has secured a significant LiDAR contract worth approximately $0.875 million with the Queensland Government to deliver high accuracy airborne LiDAR and aerial imagery across south-west Queensland. This project, funded by both the Australian and Queensland governments, is expected to be completed by 2025. Aerometrex, established in 1980, specializes in aerial mapping and operates globally. The company's current market cap is A$18.52M, with a year-to-date price performance of -35.00%.