Provider of geospatial services to the mining and minerals industry, AAM, has announced its merger with Vekta, as part of a major investment in Australia’s geospatial sector. Combination of the two industry leaders positions AAM as one of the largest geospatial services providers in Australasia and the Asia Pacific region.
The merged company will continue to provide spatial information services to the mining and minerals sector within the Australasian, Asia Pacific and African markets. AAM now boasts a workforce of more than 500 people and revenue exceeding Aus$75 million.
AAM’s chairman and CEO Scott Ramage says the merger provides the company with the critical mass to make further investment in the rapidly growing geospatial sector. “We see exciting opportunities to apply our innovative geospatial solutions to major mining and resources projects. Joining AAM and Vekta enhances our ability to realize this innovation and deliver the backup and resources needed for the most demanding projects.”
AAM has been providing spatial information services to the mining and minerals sectors for more than 50 years. The company pioneered the use of aerial photogrammetry for planning and route location at the birth of the iron ore mining industry in Western Australia in the 1960s. The company continues to provide state-of-the-art solutions to the challenges faced by mining and mineral companies throughout all stages of the extraction process – from exploration to rehabilitation – including land survey, aerial and satellite mapping, and GIS solutions.
With a history stretching back more than 60 years, Vekta specializes in the provision of land, engineering and aerial surveys. Vekta products and services are utilized across major national and international projects as well as within the mining sectors.