Pointerra Secures US$2 Million Contract Extension with US Department of Energy

2 min read | January 14, 2025 12:18 PM AEDT | By Team Kalkine Media

Pointerra Secures US$2 Million Contract Extension with US Department of Energy — Image source: @Tumisu/Pixabay

Program Details

As part of the program, Pointerra will use its Pointerra3D digital twin solution to generate 2D and 3D models of electric utility grids in hurricane-affected areas. This includes developing a change detection model to assess the impacts of recent hurricanes on grid assets, as well as analyzing the effectiveness of hardening strategies used by utilities. The findings will be compiled into a report that will highlight best practices for other utilities, with a public webinar to discuss the results.

The extension emphasizes Pointerra’s growing presence in the US electric utility sector, which is heavily invested in multi-billion dollar grid resilience programs. The DOE plans to scale the best practices developed in this program across multiple regions in North America.

Contract Terms

The contract extension is managed by the DOE’s Grid Deployment Office, through its intermediary, DEFENSEWERX, doing business as ENERGYWERX. Pointerra will be paid based on milestone completion and expects the program to be completed by 31 December 2025.

Pointerra will incur typical operating costs for delivering the program, and the contract is subject to commercial terms, including non-performance termination clauses.

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