Aerometrex’s Steve Masters (left) with Landchecker’s Adam Gandolfo.
Aerometrex has entered into a minimum $2.65 million MetroMap licence agreement with Landchecker, a Melbourne-based property data and technology business.
MetroMap’s high-resolution aerial imagery is currently used within Landchecker’s online platform and is subscribed to by Landchecker’s customers who use integrated products through the platform.
“This is a significant opportunity for both Aerometrex and Landchecker, building on the strong foundation and collaborative relationship between both companies. We are excited about what this new agreement can offer customers and look forward to working with Landchecker to realise its full potential,” said Aerometrex’s CEO & Managing Director, Steve Masters.
“This is the largest MetroMap partner program agreement in Aerometrex’s history and will make a strong contribution to MetroMap’s Annual Recurring Revenue (ARR) stream over the contract term.”
“MetroMap’s high-resolution aerial imagery is an important data set many of Landchecker customers engage with daily,” added Landchecker’s Chief Executive Officer, Adam Gandolfo.
“This partnership will enable us to provide more customers an equally compelling proposition, bundling our leading property data and insights with quality high-resolution imagery from MetroMap under flexible, cost-effective commercial arrangements.
“We see the partnership as a great outcome for all concerned, particularly Australia’s property professional community.”
Prior to this agreement, Aerometrex’s MetroMap partner program involved around 30 partners and contributed approximately $1.2 million of annual revenue (as of 31 December 2022).
According to Aerometrex, the Landchecker agreement aligns with the company’s key strategic initiatives to develop successful partner programs, build brand awareness and grow sales channels for future revenue streams.
