Australia's Aerometrex gains on securing two contracts worth A$1.1 million
17/06/2026 02:34
BUZZ-Australia's Aerometrex gains on securing two contracts worth A$1.1 million ** Shares of Aerometrex AMX.AX rise as much as 10% to A$0.275, set to mark its best session since May 27
** Geospatial tech co secures two off-the-shelf data licence agreements with AI technology companies, Zeromatter Technologies and Neara for A$1.1 million ($756,276.00)
** Zeromatter Technologies will license 3D datasets from co's US and ANZ catalogues to train its autonomous simulation engine
** Neara to license co's off-the-shelf LiDAR imagery to power its physics-enabled digital twin platform for utilities
** Stock down 3.5% YTD, including the session's moves
($1 = 1.4148 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
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