Although AMX can offer 3D, AMX is a bespoke areal-mapping firm If AMX finds a client prepared to pay for data capture, it is happy to do the job, and it may well cut a deal with such clients to be able to sell that captured data to others. In contrast , NEA goes out and captures the data regularly, and offers access to that data as a service. Mining companies and government agencies interested in geology, agriculture, forrestery and a few other things in low-density geographies may use AMX on a bespoke basis. I am unsure what LANDSAT information is sold in Australia, and by whom, but I recall seeing it advertised to the Australian mining industry.
The SA Government uses AMX, but it also has a NEA trial arrangement. It would be interesting to see what way SA Government jumps, or has jumped in recent months. If NEA lands a small deal, tens of thousands per year, rather than a million plus, it would not justify an Announcement.
AMX and NEA are very different companies, and they probably compete in different markets, so they probably share some customers, with NEA dominating cityscapes where time-lag information is in demand – e.g., has that large shed been built recently.
NEA Price at posting:
$1.01 Sentiment: Hold Disclosure: Held
