Ann: US Energy Utility CAPEX Program, page-17

Pointerra is not and never has been in the 3D/2D Lidar image/data capture business. Their entire model is based on data capture firms loading their data onto Pointerra Platform for analysis, building digital twins etc.

IMO the announcement makes this quite clear. Other parties will do the data capture which will then be loaded onto the Platform for processing, inspection and analysis.

For Entergy’s Program, Pointerra3D will be used to process and analyse 3D LiDAR and 2D imagery to build a digital twin of Entergy’s electricity network, which will then allow Entergy and its EPC contractors to use Pointerra3D’s world-first Quick Load electric grid assessment tools to rapidly assess and prioritise the works to be completed in the most cost-effective and efficient manner possible.

Over the term of the Program, Pointerra will be paid a price per pole/structure inspected and analysed using Pointerra3D. The Company expects that up to 4 million poles could be inspected and analysed using Pointerra3D during this time. Pointerra has previously been paid between US$20 and $40 per pole for similar processing, inspection and analysis work.