Just only on US Utility Industry, why Utility companies need Pointerra's solution? It starts with a problem statement:
https://slate.com/business/2019/10/california-wildfire-season-pge-liability-new-normal-hopeless.html
If you have watched the 2 medias that sent by @glutenfree, you would appreciate the use cases (presentation & demo from the COO Randy on 3D Asset Management for Utility companies and presentation from GEO1 CEO on Wildfire Risk Mitigation), and I shall not repeat the posts.
Now, let's have a basic understanding of US Utility Industry. The 168 Investor-owned utilities served 72% of US electricity, and 3DP has PG&E and FP&L(owned by NextEra) as its customers.
https://www.eia.gov/todayinenergy/detail.php?id=40913
So, who are PG&E and FP&L? They are 2 of the top 5 and this article explains well about their outages. https://www.saveonenergy.com/learning-center/post/top-5-utilities-in-u-s/
So, if Pointerra has the top 5 as their customers, how many investor-owned utility companies will adopt Pointerra's solution? Well ... Jun20 4C update is a good start for your consideration.
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Mkt cap ! $48.30M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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