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Aerometrex Limited (ASX:AMX)

ALERT: Price-sensitive ASX Announcement for AMX
Current share price for AMX : $0.255 -0.035 (-12.07%)+
Announcement
Release
10 Mar 2026 10:04AM
Price at Release
$0.290
Full Release
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Summary
Aerometrex Limited, an Australian-based geospatial technology company, has secured several new government contracts across federal, state, and local departments during the financial year 2026. These contracts involve MetroMap subscriptions and MetroMap and LiDAR project revenues, with a total value of approximately $2.5 million over three years. The contracts, while not individually significant, collectively enhance the company's revenue visibility and strengthen its government client base. Aerometrex's status as an Australian-owned and operated entity has been pivotal in these contract wins, emphasizing its sovereign capability and compliance with local regulatory and security standards. The company anticipates further expansion in its government contract portfolio, driven by a strong pipeline of opportunities. This development is seen as a validation of Aerometrex's strategy and its potential for medium-term revenue growth.
Key Points
  • Aerometrex secures new government contracts worth approximately $2.5 million.
  • Contracts span federal, state, and local departments and extend over three years.
  • Australian ownership and sovereign capability cited as critical in winning contracts.
  • Contracts enhance revenue visibility and government customer base.
  • Company aims to expand its government contract portfolio further.
  • Emphasis on compliance with Australian regulatory and security standards.
  • Strong pipeline of future opportunities anticipated.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.