Aerometrex secures $1.1M in AI data contracts

• Aerometrex secured two off-the-shelf data licence agreements with AI technology companies.
• The contracts have a combined value of $1.1 million and will be paid before July.
• The datasets will be used to train autonomous simulation engines and power digital twin platforms.

Aerometrex (ASX:AMX) has secured two off-the-shelf data licence agreements with AI companies worth a combined $1.1 million.

These deals reflect a growing commercial demand for real-world datasets to train and refine advanced AI models.

United States-based Zeromatter Technologies will licence 3D datasets from existing catalogues to train its simulation engine.

Sydney-based Neara will licence LiDAR datasets to enrich its digital twin platform for the energy sector.

The company stated that these agreements position it as a foundational data partner for AI model training.

Following the announcement the Aerometrex share price was unchanged at $0.30.

The company specialises in aerial photography, photogrammetry, LiDAR, and high-resolution 3D digital models of the built environment.