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Company News
Pointerra appointed as subcontractor in US Army’s GRIDS IV geospatial research program
Perth-based software company Pointerra (ASX: 3DP) has won the role of subcontractor to US technology company Leidos to support its participation in the US$499 million Geospatial Research, Integration, Development and Support (GRIDS) IV program initiated by the US Army. Eight prime contract teams including Leidos will take part in the indefinite-delivery/indefinite-quantity program, which will run […]
Pointerra reports record financial milestones in strong start to FY25
Pointerra (ASX: 3DP) has reported a strong start to the 2025 financial year, with record customer receipts of $4.2 million and cash flows of more than $1.5m for the three months to December 2024. The technology company’s growth was fuelled by new Pointerra3D software customers in the North American survey and mapping market, as well […]
Market wrap: inflation pushes share prices lower on last trading day of the financial year
Inflation was the word on everybody’s lips as they dumped shares on the last trading day of the financial year but it was the price of goods and services rather than shares that had caught their attention. The week’s stunning news that inflation had reared back up to 4% for the year to May brought […]
Pointerra secures $2.47m US Department of Energy contract to enhance grid resilience and reliability
Pointerra (ASX: 3DP) has been awarded a $2.47 million contract by the US Department of Energy (DOE) aimed at boosting the reliability of electricity supply . The end-to-end digital twin solutions specialist’s unique Pointerra3D system will feature in a new program aimed at evaluating the impacts of certain grid resilience investments under various climate change […]
Market wrap: ASX falls as Bank of Japan flexes its muscles
The Australian share market shed 0.7% in Friday trade as the Bank of Japan shook up markets with a pledge to be more flexible in managing interest rates. The 52.3-point fall to 7403.6 points on the ASX 200 was a solid fall but still left the Australian market up 1.2% for the week after it […]
Pointerra to participate in $22.6 billion US energy utility upgrade program
Cloud-deployed technology and AI-driven algorithm developer Pointerra (ASX: 3DP), is set to participate in Fortune 500 company Entergy’s major US utility equipment upgrade program. An existing Pointerra client, Entergy supplies more than 3 million customers with power throughout Arkansas, Louisiana, Mississippi and Texas. The new award will see Pointerra and its local engineering, procure and […]
Wesfarmers’ subsidiary Decipher licences Pointerra’s 3D data technology
Wesfarmers’ (ASX: WES) Decipher business will licence Pointerra’s (ASX: 3DP) 3D data technology to provide unique insights to customers across agriculture, waste and mining sectors. According to Pointerra, the licencing agreement will generate revenue through its data as a service, and analytics as a service lines, and initially bring in US$5,000 per calendar month. Both […]
Pointerra secures US drone company PrecisionHawk as client for its 3D data cloud platform
Pointerra (ASX: 3DP) has collared another customer for its 3D data cloud software platform with US-based PrecisionHawk agreeing to subscribe to Pointerra’s data as a service (DaaS) 3D cloud technology offering, and both companies also agreeing to a software platform licensing partnership. According to Pointerra, its technology allows very large 3D datasets to be viewed […]
Pointerra orienteers its way to three additional US sales agreements
Geospatial data company Pointerra (ASX: 3DP) has announced a string of sales agreements in three different sectors in North America and has said that it expects its domestic and international sales momentum to generate further commercial growth next quarter. Pointerra is focused on the commercialisation of its unique 3D geospatial data technology which has quickly […]
Pointerra takes first steps in commercialising next generation of mapping technology
Mapping specialist Pointerra (ASX: 3DP) has taken its current customer relationship with Total Earth Solutions (TES) to the next level by signing its first “data marketplace and business partnership” agreement with the Australian multidisciplinary geoscience group. Pointerra announced that TES is an existing data-as-a-service (DaaS) client, with the updated partnership intended “to extend the geographical […]
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