Australia's Aerometrex rises on Google contract win

Aerometrex

20/12/2022 01:58

** Shares of Aerometrex Ltd  AMX.AX  rise as much as 3.7% to
A$0.42, their highest since Dec. 7
    ** Aerial mapping business says it has contracted with
Google LLC to provide a data licence for a selection of its USA
high-resolution 3D models 
    ** Co says it is the "single largest sale to a customer from
our off-the-shelf USA catalogue.” 
    ** Stock posts biggest intraday pct gain since Dec. 2, but
still down 41.3% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))