• Pointerra awarded US$2 million contract extension by US Department of Energy
• Contract to model electric grid resilience investment scenarios and hurricane impact analysis
• Program results to provide best practices for utilities facing extreme weather events

Pointerra Limited (ASX: 3DP) has been awarded a US$2 million (A$3.2 million) contract extension by the US Department of Energy (DOE) to an existing R&D program. The program will focus on hurricane impact analysis to help provide best practices for regional utilities to optimize their resource allocation strategies, reduce the duration of power outages after such extreme events, and enhance the overall resilience of the power grid. Under the program, Pointerra will use 2D and 3D data to generate digital twins of electric utility grids in hurricane-affected areas, develop a change detection model to demonstrate impacts from recent hurricanes, provide an overall analysis of hurricane impacts on the grid assets, and compile results and methodologies in a report demonstrating best practices that can be implemented by other utilities facing similar extreme events. The program results will be made publicly available, and a webinar will be held to discuss the findings. This contract extension further highlights Pointerra's profile and credibility in the US electric utility sector, which is collectively engaged in multi-billion dollar, multi-year grid resilience investment programs.

The program is expected to be complete by 31 December 2025, and Pointerra will incur its normal and typical operating costs for delivering programs of this nature.