Aerometrex Ltd Secures Significant LiDAR Contract with QGC Pty Limited

On July 10, 2025, Aerometrex Limited (ASX: AMX), an Australian-based aerial mapping company, announced a significant LiDAR contract with QGC Pty Limited, a subsidiary of Shell plc. The contract, valued at $1.08 million (GST exclusive), involves the capture of LiDAR and aerial imagery surveys of Shell QGC assets in Queensland, Australia, over a 12-month period. This agreement presents an opportunity for Aerometrex to generate additional revenue, as QGC can purchase additional captures based on an agreed schedule of rates.

The project is structured around key milestones and is expected to be completed during the fiscal year 2026. QGC holds the option to extend the contract term and may terminate it for cause or convenience, which is typical for such agreements. The commercial arrangements are consistent with Aerometrex’s standard LiDAR terms, and all material information relevant to assessing the contract’s impact has been disclosed.

Rob Veitch, Aerometrex’s Acting Chief Executive Officer, expressed satisfaction with the contract, highlighting its importance to the company’s growth and operations.

Trading Halt for Aerometrex Ltd

In a separate announcement on the same day, Aerometrex Limited requested a trading halt for its securities on the ASX. The halt, effective immediately, is pending the release of an announcement by the company. According to ASX Listing Rule 17.1, the trading halt will remain in effect until either the commencement of normal trading on Monday, July 14, 2025, or the release of the announcement to the market.

This trading halt is a standard procedure to ensure that all market participants have access to the same information before trading resumes. The company has not specified the details of the forthcoming announcement, but it is expected to provide further insights into Aerometrex’s operations and strategic direction.

Company Overview

Aerometrex Limited operates in the industrials sector and is listed on the ASX All Markets. The company specializes in aerial imaging, photogrammetry, 3D modeling, and LiDAR surveys, serving a global customer base. As of July 8, 2025, Aerometrex’s share price was 0.215 AUD, with a market capitalization of 21,370,000 AUD. The company’s financial performance has seen fluctuations, with a 52-week high of 0.45 AUD on July 15, 2024, and a low of 0.17 AUD on April 6, 2025. The price-to-earnings ratio stands at -3.58, reflecting the company’s current financial metrics.

For more information about Aerometrex Limited and its services, interested parties can visit their website at www.aerometrex.com.au .