Mobile laser scanners (MLS) - say a Leica Pegasus 2 Ultimate will run you north of $600k just for the unit. So if expanding into MLS and expecting to sell data off-the-shelf, that is curious. Pretty competitive space I imagine - doesn't help with the likes of Google and Apple (via Land Surveys?) running around and doing capture.
Disclosure - I am a partner in a survey firm, albeit not this one!
Drone based lidar - say a Riegl mini-VUX - call it $300k including drone.
Then again, technology in this space is moving awfully fast - you would need a return in 3 years - after 3 years, gear worth 20% will be equivalent if not better/faster. The DJI L1 will be about $50k vs Riegl - mind you the data won't be as comparable, but might get you over the line for $250k less!
No mention of JobKeeper? How much has that contributed to profits?
The survey industry in general needs to give itself an uppercut with respect to charge out rates. It is a race to the bottom.
VRS Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held
