BUZZ-Australia's Pointerra gains on $2 mln US contract extension

Reuters

01-13

BUZZ-Australia's Pointerra gains on $2 mln US contract extension

** Shares of Pointerra 3DP.AX rise as much as 6.1% to A$0.052, highest since Oct. 31, 2024

** Tech firm says it has been awarded a $2 million contract extension by the US Department of Energy (DOE)

** Contract for a hurricane impact analysis program for electric grids

** Stock posts its biggest intraday pct gain since Jan. 8

** 3DP up 25% YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com;))

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