AMX Awarded LiDAR Contract with QGC Pty Limited
Stock | Aerometrex Ltd (AMX.ASX) |
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Release Time | 10 Jul 2025, 2:18 p.m. |
Price Sensitive | Yes |
Aerometrex Awarded LiDAR Contract with QGC Pty Limited
- Aerometrex awarded $1.08m (excl. GST) LiDAR contract with QGC Pty Limited (a Shell subsidiary)
- Contract involves LiDAR and aerial imagery survey of Shell QGC assets in Queensland over 12 months
- Project to be delivered over multiple milestones, expected completion in FY26
Aerometrex Limited (ASX: AMX) has signed a material LiDAR contract with QGC Pty Limited (âQGCâ), a subsidiary of Shell plc, where Aerometrex will receive $1.08m (GST exclusive). The contract involves the capture of the LiDAR and Aerial Imagery survey of Shell QGC assets in Queensland, Australia for a period of 12 months (âcontract termâ). QGC can purchase additional captures above the fixed amount based on an agreed schedule of rates, thereby enabling additional revenue opportunities for Aerometrex over the contract term. The project will be delivered over a number of key milestones and is expected to be completed during FY26. QGC have an option to extend the contract term and may terminate for cause and for convenience as is typical for this type of contract. There are no special conditions, and the key commercial arrangements are consistent with Aerometrexâs standard LiDAR terms. Aerometrexâs Acting Chief Executive Officer, Rob Veitch, said the contract award validates the companyâs attention to quality, accuracy and focus on customer service.