Hi @all,
More users are contacting us about a similar issue, and we are investigating the case.
From what we can see, the issue is only related to coordinate systems in feet and is not present in the previous version.
We recommend using Pix4Dmapper 4.5.6 (download) until we are investigating the root cause and do not have more information.
Feel free to follow this thread for latest information: Vertical offset in Pix4Dmapper 4.6.3 (projects in feet)
Thank you for understanding,