diff --git a/examples/src/examples/loaders/gltf-export.example.mjs b/examples/src/examples/loaders/gltf-export.example.mjs
index ead30bc215b..88e9d8dcf46 100644
--- a/examples/src/examples/loaders/gltf-export.example.mjs
+++ b/examples/src/examples/loaders/gltf-export.example.mjs
@@ -31,6 +31,13 @@ await new Promise((resolve) => {
     pc.WasmModule.getInstance('DracoDecoderModule', () => resolve());
 });
 
+// initialize basis to allow to load compressed textures
+pc.basisInitialize({
+    glueUrl: rootPath + '/static/lib/basis/basis.wasm.js',
+    wasmUrl: rootPath + '/static/lib/basis/basis.wasm.wasm',
+    fallbackUrl: rootPath + '/static/lib/basis/basis.js'
+});
+
 const assets = {
     helipad: new pc.Asset(
         'helipad-env-atlas',
@@ -42,7 +49,7 @@ const assets = {
     model: new pc.Asset('model', 'container', { url: rootPath + '/static/assets/models/bitmoji.glb' }),
     board: new pc.Asset('statue', 'container', { url: rootPath + '/static/assets/models/chess-board.glb' }),
     boombox: new pc.Asset('statue', 'container', { url: rootPath + '/static/assets/models/boom-box.glb' }),
-    color: new pc.Asset('color', 'texture', { url: rootPath + '/static/assets/textures/seaside-rocks01-color.jpg' })
+    color: new pc.Asset('color', 'texture', { url: rootPath + '/static/assets/textures/seaside-rocks01-color.basis' })
 };
 
 const gfxOptions = {
@@ -115,7 +122,7 @@ assetListLoader.load(() => {
 
     // mesh with a basic material
     const basicMaterial = new pc.BasicMaterial();
-    basicMaterial.color.set(0.5, 1.0, 0.7);
+    basicMaterial.color.set(1.6, 2.7, 1.9);
     basicMaterial.colorMap = assets.color.resource;
 
     const capsule = new pc.Entity('capsule');
diff --git a/src/extras/exporters/core-exporter.js b/src/extras/exporters/core-exporter.js
index e64e719883c..dc485ccd7a7 100644
--- a/src/extras/exporters/core-exporter.js
+++ b/src/extras/exporters/core-exporter.js
@@ -3,7 +3,7 @@ import { Texture } from '../../platform/graphics/texture.js';
 import { BlendState } from '../../platform/graphics/blend-state.js';
 import { drawQuadWithShader } from '../../scene/graphics/quad-render-utils.js';
 import { RenderTarget } from '../../platform/graphics/render-target.js';
-import { FILTER_LINEAR, ADDRESS_CLAMP_TO_EDGE } from '../../platform/graphics/constants.js';
+import { FILTER_LINEAR, ADDRESS_CLAMP_TO_EDGE, isCompressedPixelFormat, PIXELFORMAT_RGBA8 } from '../../platform/graphics/constants.js';
 
 const textureBlitVertexShader = /* glsl */`
     attribute vec2 vertex_position;
@@ -88,12 +88,13 @@ class CoreExporter {
         // for other image sources, for example compressed textures, we extract the data by rendering the texture to a render target
         const device = texture.device;
         const { width, height } = this.calcTextureSize(texture.width, texture.height, options.maxTextureSize);
+        const format = isCompressedPixelFormat(texture.format) ? PIXELFORMAT_RGBA8 : texture.format;
 
         const dstTexture = new Texture(device, {
             name: 'ExtractedTexture',
             width,
             height,
-            format: texture.format,
+            format: format,
             cubemap: false,
             mipmaps: false,
             minFilter: FILTER_LINEAR,
@@ -113,26 +114,31 @@ class CoreExporter {
         device.setBlendState(BlendState.NOBLEND);
         drawQuadWithShader(device, renderTarget, shader);
 
-        // read back the pixels
-        // TODO: use async API when ready
-        const pixels = new Uint8ClampedArray(width * height * 4);
-        device.readPixels(0, 0, width, height, pixels);
-
-        dstTexture.destroy();
-        renderTarget.destroy();
-
-        // copy pixels to a canvas
-        const newImage = new ImageData(pixels, width, height);
-        const canvas = document.createElement('canvas');
-        canvas.width = width;
-        canvas.height = height;
-        const newContext = canvas.getContext('2d');
-        if (!newContext) {
-            return Promise.resolve(undefined);
-        }
-        newContext.putImageData(newImage, 0, 0);
+        // async read back the pixels of the texture
+        return dstTexture.read(0, 0, width, height, {
+            renderTarget: renderTarget,
+            immediate: true
+        }).then((textureData) => {
+
+            dstTexture.destroy();
+            renderTarget.destroy();
+
+            const pixels = new Uint8ClampedArray(width * height * 4);
+            pixels.set(textureData);
 
-        return Promise.resolve(canvas);
+            // copy pixels to a canvas
+            const newImage = new ImageData(pixels, width, height);
+            const canvas = document.createElement('canvas');
+            canvas.width = width;
+            canvas.height = height;
+            const newContext = canvas.getContext('2d');
+            if (!newContext) {
+                return Promise.resolve(undefined);
+            }
+            newContext.putImageData(newImage, 0, 0);
+
+            return Promise.resolve(canvas);
+        });
     }
 
     calcTextureSize(width, height, maxTextureSize) {