Pointerra Limited has entered into a partnership and signed a Reseller Agreement with K2fly Limited (K2fly). Under the terms of the Agreement, Pointerra's unique 3D data technology will be sold by K2fly under a commission-based sales model, generating ongoing monthly Data as a Service (DaaS) customers at enterprise-level price points. K2fly specialises in the provision of infrastructure asset management to asset intensive industries via a software technology platform and consulting services.

K2fly will target high-value enterprise customers who have specific asset management challenges that include the need to better manage, leverage and share their valuable 3D datasets. K2fly's technology allows an organisation to manage and maintain its asset data and deliver more effective and efficient outcomes via a single, centralised system. Importantly, K2fly has selected Pointerra's unique 3D data technology solution to enhance its portfolio of infrastructure asset management solutions.

The signing of a partnership agreement with K2fly is complementary to Pointerra's ongoing strategy of attracting and signing-up trial licence customers in the data acquisition space (surveyors, drone operators, aerial mapping) and converting these trials to paying customers under the monthly recurring revenue DaaS model, and thus building a global customer base. Anecdotal feedback from this approach consistently underlines the game-changing benefits being delivered to these organizations through the use of Pointerra's cloud- based 3D data technology, including shifting CAPEX to OPEX, increasing workflow efficiency and building strong customer satisfaction and deeper ongoing engagement, through the ability to easily view, manage and share valuable 3D datasets. Pointerra is working collaboratively with a number of global, regional and Australian tier-1 strategic partners from the geospatial, engineering, technology and aerospace sectors who are typically embedding Pointerra's technology into their broader geospatial software, 3D digital asset management, data analytics and data capture offerings.

These relationships will yield a mix of up-front licensing fee revenue and ongoing royalty based revenue for Pointerra based on sales of underlying software and 3D data by these partners.