Partnership with Emesent confirmed by Emesent. This is good news, they have a good grip on Autonomous flight lidar solutions and are quite large in the mining industry around the world.

Emesent are also out of Brisbane a good Australian success story.

Impressive Release regarding FPL Storm Response

Within 24 hours of post-storm data acquisition, Pointerra3D change detection analytics of the impacted network across large areas had been cross referenced with weather, imagery, and other supplementary data sources to support accelerated assessment and decision making by FPL storm response teams. Key statistics of the storm response effort included:

• 6 missions flown by FPL aerial LiDAR contractors

• 15Tb of data ingested and analysed by Pointerra3D

• 1,500 AWS cloud machines running in parallel over 5 days

• 18,500 poles modelled

• 1,100 poles identified as requiring remediation and/or replacement

I don't share the frustration financially as others.. Pointerra are growing very well, cash receipts are increasing Q on Q.. They are largely funding their organic growth...

I think we really need to look at their business...

• Clearly winning in utilities particularly in the States
• Making strong headway in government rail contracts in NSW and Vic (Easily scalable throughout the world)
• Clear vision to increase AEC side of business by leveraging development work with Jacobs
• Very enthused about the partnerships
• Nearmap integration - clear leader in photogrammetry
• Pointfuse, meshing software big in BIM, AEC and utilities - looks to be a good fit
• Cyclomedia, street lidar (Point cloud) and images. Easy shared viewing on pointerra
• Emesent, SLAM lidar hardware provider
• Here, Also street point cloud library from road
• They want an acquisition in oil and gas to get traction?
• Still advancing in Mining

A really good business update ! they seem to know what they want to do and are getting it done ?

If you do some googling of some lidar suppliers and some other similar solution providers it seems pointerra marketing is a little behind ?... But no one can provide the solutions at scale they can - not even Esri Arc GIS (please prove me wrong)

I think we will see headcount increase a little, marketing costs increase in new regions...

One day everything will be scanned - where will you store it ? is it easy to access, is it easy to shear, is it scalable , who will win the race for smarts ? (those that scale quick) ... 3DP tick these box's ....

Preliminary Final Report - Strong momentum - Future facing 

- Cash balance up 121%

 - ACV up 241%

 - Customer revenue up 224%

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02414907-6A1047969?access_token=83ff96335c2d45a094df02a206a39ff4