Satellite manufacturer and space-based mineral detection company Fleet Space Technologies has closed a $150 million Series D funding round, led by Teachers’ Venture Growth (TVG), an arm of Ontario Teachers’ Pension Plan. Joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures, the raising is one of the largest in…
Satellite and space services company Fleet Space Technologies will collaborate with Rio Tinto to advance exploration at its Rincon Lithium Project in Argentina. Leveraging Fleet Space’s AI and satellite enabled exploration solution, ExoSphere, Rio Tinto will develop 3D subsurface maps of the reservoir, basement depth, and brine influencing structures across 100km2 of the project’s salt…
Satellite technology company Fleet Space Technologies today announced plans to deploy its end-to-end mineral exploration solution, ExoSphere, to enhance Gold Fields Ltd’ exploration and development of their Salares Norte gold-silver project in Northern Chile. ExoSphere will be used to generate 3D subsurface imaging of the Brecha Principal and Agua Amarga resource areas and surrounds aiming…
Fleet Space’s Centauri-6 satellite takes off flight at space discovery centre A new piece of next-generation Australian space technology is on display at the Australian Space Discovery Centre in Adelaide. It is a full size model of Centauri-6, the eighth satellite launched by Adelaide-based company Fleet Space Technologies successfully reached orbit on April 8, 2024…
Nanosatellite systems manufacturer Fleet Space Technologies has announced the deployment of its end-to-end mineral exploration solution ExoSphere to advance Barrick Gold’s copper exploration at its Reko Diq project in Pakistan. ExoSphere is being used to generate 3D subsurface maps of copper porphyry complexes and local groundwater systems over 1,150 km2 of the Reko Diq project.…
Australian Vanadium receives $14.7 million grant Battery materials company Australian Vanadium has received a milestone payment of $14.7 million from the federal government under the Modern Manufacturing Initiative – Manufacturing Collaboration Stream. The grant provides up to $49 million to support the company’s Australian Vanadium Project to enable new critical mineral production which will support…
Fleet Space Technologies has announced the successful deployment of its next-generation Centauri-6 satellite on SpaceX’s Bandwagon-1 mission, launched aboard a SpaceX Falcon 9 at the Kennedy Space Center in Florida. The new member of the company’s satellite constellation will help service demand for its end-to-end mineral exploration solution, ExoSphere, while also building capacity to deliver…
Satellite manufacturer Fleet Space Technologies is to work with Stanford University’s Mineral-X programme to optimise mineral exploration drill targeting using the company’s constellation of nanosatellites now in orbit. Fleet Space has been named an industrial affiliate of the Mineral-X programme whose researchers combine deep expertise in geoscience, resource optimisation, and artificial intelligence (AI) aiming to…
