If you acquire your images with Pix4Dcapture, the app will create a *.pd4 file that has recorded the positions of your images.
Then you can use this file to open your project and your images will be georeferenced.
Usually when using a drone, it records it automatically the geolocation information in its EXIF file.
It means that when you import your images, thanks to the EXIF file our software will recognize the camera used and the position of the images.
But the accuracy of your model will not be guarantee if you only use the geoinformation of your images.
In order to get a much more accurate project we recommend the usage of Ground Control Points (GCPs):
Pix4Dmapper is a photogrammetry software that creates Orthomosaic, DSM, DTM, Point Cloud, Triangle Textured Mesh, contour lines and Index maps from images.
So yes you can create 3D models.
I strongly recommend you to go through our articles in our knowledge in order to get more information on how to use our software:
Hope this will help.