Tag Archives: EXOSPHERE BY FLEET

Fleet Space Technologies adds machine-learning powered features to ExoSphere platform

Mineral exploration, Mining services, Mining software, , ,

Fleet Space Technologies has announced three new features to its mineral exploration technology, Exosphere by Fleet®, designed to enhance and accelerate data-driven global mineral exploration efforts with machine learning (ML) capabilities and real-time survey diagnostics.

The introduction of new ML-powered features and real-time sensor diagnostics to ExoSphere enables faster on-site targeting decisions and provides access to greater subsurface insights before, during and after every survey, the company says.

Bringing together Fleet Space’s satellite constellation in low Earth orbit and patented seismic array technology, ExoSphere delivers 3D subsurface models of a survey area in days with near-zero environmental impact, according to the company. Over 35 global exploration companies have used the technology to complete hundreds of surveys for a wide range of commodity types across five continents, including Rio Tinto, Barrick Gold and Core Lithium, among many others.

“A future with near instantaneous access to subsurface insights that can lead to the next wave of mineral discoveries needed for the energy transition is within our grasp due to rapid advances in space technology,” co-Founder & CEO of Fleet Space Technologies, Flavia Tata Nardini, says. “Technologies like ExoSphere, and the ML-enabled, real-time features we are building for it, represent a major leap forward in the potential scale and speed of data-driven exploration while also reducing environmental impact.”

With ExoSphere’s 3D subsurface models and ML-enabled features, exploration customers will be able to leverage a variety of new subsurface insights on-demand to accelerate and enhance their data-driven exploration efforts, according to the company.

Outlined below are the new ExoSphere features available today and others that will arrive in the coming months, including Geological Sketch, Basement Depth, and Real-Time Diagnostics.

Geological Sketch
Starting today, customers using the ExoSphere platform will be able to access Geological Sketch – a powerful visualization tool that allows them to convey their understanding of the geology and lithology of their project. Using this visualisation, Fleet Space’s in-house team of geophysicists can refine the customer’s 3D model with a wider range of insights before, during, and after their survey is complete – enhancing model accuracy while also unlocking new insights to inform their targeting decisions, the company says.

Basement Depth Map
Understanding basement depth is critical since it is an important indicator of the economic potential of a project. In the coming months, ExoSphere will have a ML-enabled feature that will provide a projection of the basement depth based on customers’ ANT survey results (example below). Customers will also be able to upload other insights they have about the lithology and geology of the area to enhance the prediction on the ExoSphere platform. This gives customers an efficient way to evaluate and visualise the potential basement depth of a project as part of their data-driven exploration efforts, according to the company.

Real-Time Diagnostics
Fleet Space’s patented, space-enabled seismic sensors (Geodes) have been deployed across the globe. As part of their deployment, customers will soon be able to review the diagnostics on each individual Geode used as part of a survey in real time to determine if any corrective measures should be taken to optimise their performance while in the field, the company says. Real-Time Diagnostics is a powerful tool for on-site teams to make quick adjustments to the Geodes without the need to remove them from the survey area which is common with other methods.

The addition of these new features follows several other additions to ExoSphere last year, including the Sensitivity Model, Data Processing Report and Source Data Pack.

Alongside this Exosphere announcement, Fleet Space Technologies announced that it has been named an industrial affiliate of Stanford University’s Mineral-X program – a premiere research organisation combining deep expertise in geoscience, resource optimisation, and artificial intelligence to enable a resilient and decarbonised mineral supply chain. Through this collaboration with Stanford University’s Mineral-X, Fleet Space aims to advance research, unlock innovation and accelerate humanity’s clean energy future leveraging space technology.

Fleet Space Technologies joins Ideon Technologies in being named as an industry affiliate of the program, who made a similar announcement in November last year.

Fleet Space’s new EXOSPHERE features to enhance agility, accuracy of customers’ exploration efforts

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Fleet Space Technologies, a leading Australian space company, has announced three innovative features to its mineral exploration technology, EXOSPHERE BY FLEET®, each purpose-built to enhance the agility and accuracy of data-driven exploration efforts worldwide.

Starting today, for all in-progress or future surveys, exploration customers will be able to download several new data intelligence assets on-demand from the ExoSphere platform that will deliver greater insights into ambient noise conditions, data quality and confidence levels across different parts of their 3D model, the company says.

Leveraging Fleet’s constellation of low Earth orbit satellites and the latest advances in passive seismic array technology, EXOSPHERE has rapidly disrupted the mineral exploration industry by reducing the time it takes to receive an actionable 3D model of a survey area from months or years to a matter of days – with near-zero environmental impact, Fleet says. Over 30 global exploration companies have used the technology to conduct surveys on a variety of commodity types across 5 continents, including Rio Tinto, Barrick Gold and Core Lithium, among many others.

Flavia Tata Nardini, CEO of Fleet Space Technologies, said: “We have arrived at an inflection point in humanity’s journey towards renewable energy. The mineral exploration industry is on the brink of unprecedented transformation as shallow discoveries are exhausted and demand for critical minerals needed for the energy transition continue to intensify. Fleet’s space-enabled EXOSPHERE technology has demonstrated a path to scale critical mineral exploration globally while also helping to reduce environmental impact, which is the only approach that will enable humanity to reach its net-zero ambitions over the coming decades.”

Traditionally, data acquisition and processing from geophysical surveys can take years or months before they can be leveraged as part of any exploration campaign. This has made it difficult for field teams to make quick operational decisions on-site and home in on new waves of discoveries. As global demand for critical minerals intensifies, advances at the intersection of space technology and geophysics are helping the exploration industry to become more data-driven and agile in a rapidly changing landscape, the company says.

Fleet brings together the benefits of satellite connectivity, remote geophysical data acquisition, and near real-time data processing to deliver actionable 3D models of the Earth’s subsurface for customers around the world, it says. With today’s announcement, Fleet has added several new features to its ExoSphere platform which include the Sensitivity Model, Data Processing Report, and Source Data Pack.

Customers can now access a Sensitivity Model (pictured above) to help them visualise and quantify confidence levels for every 3D model that is generated. This will provide customers with a relative indicator of the likely resolution and quality across different parts of the model, highlighting areas on a spectrum from higher to lower confidence. Ultimately, the Sensitivity Model will give customers an enhanced view into the confidence levels about potential subsurface findings in addition to areas of the model that would benefit from further surveying.

Featuring 14 technical charts, data processing parameters, and an explanatory narrative, the Data Processing Report is designed to give customers enhanced insight about the ambient noise conditions of the survey, data quality, and the steps taken to generate their 3D model.

Edge-processed data from the passive seismic sensors, called Geodes, used within a customer’s survey area will be downloadable on-demand from the ExoSphere platform as a Source Data Pack. This will enable customers to re-process the data using different geophysical tools or update their existing 3D velocity model with additional insights they unlock as part of their exploration efforts in the future.

Hemant Chaurasia, Chief Product Officer at Fleet, added: “Space-enabled technologies in the field today will profoundly shape the future of mineral exploration. With over 150 EXOSPHERE surveys completed across five continents, it’s clear that near-real time access to 3D velocity models, combined with these new EXOSPHERE features announced today, are unlocking new data-driven approaches that reduce the time, resources, and trial-and-error needed to build valuable subsurface insight and accelerate mineral discovery. This will be critical for the mineral exploration industry as we work towards the renewable energy future that our world so desperately needs.”

Thor Energy to tap Fleet Space’s EXOSPHERE BY FLEET tech for Alford East copper-REE project exploration

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Thor Energy Plc has announced a collaboration with Fleet Space Technologies to undertake Ambient Noise Tomography (ANT) surveys to advance Thor’s understanding of the Alford East copper-REE project, in South Australia.

The exploration-focused agreement will see Fleet deploy its EXOSPHERE BY FLEET® technology, which scans the ground using the advanced ANT seismic tomography technique, where highly transportable ‘Geode’ devices listen to faint background vibrations from natural and man-made sources. The data is then processed rapidly and transmitted through Fleet’s constellation of low earth orbit satellites, recently launched by SpaceX.

This technology will be used in surveys over the Alford East project to successfully delineate the low velocity, weathered ‘troughs’ that host the oxide copper-REE mineralisation with the Alford Copper Belt, Thor says.

Fleet will then integrate ANT results with Thor’s 3D geological model by using AI and machine learning to generate a new model for drill targeting higher-grade oxide copper-gold mineralisation.

The results from the surveys will play a pivotal role in shaping decisions and refining the targeting strategy for upcoming drilling campaigns, Thor says, adding that these future drilling efforts will be concentrated on regions characterised by low seismic velocity, known for hosting oxidised copper-gold mineralisation conducive to the possibility of in-situ recovery (ISR).

In line with this, an investment fund associated with Fleet Space will make a direct equity investment of A$250,000 ($161,797) in Thor via a share subscription at A$0.04/share.

Nicole Galloway Warland, Managing Director of Thor Energy, said: “Thor is delighted to have formed a collaborative partnership with Fleet Space Technologies to accelerate mineral exploration at our Alford East copper-REE project. EXOSPHERE BY FLEET is a low environmental impact method of exploring undercover and at depth, which through our 30% equity in EnviroCopper (ECL) have successfully completed a similar project at Alford West project, located to the south.”

Federico Tata-Nardini, Chief Financial Officer, Financial Strategy & Investment Officer of Fleet SpaceTechnologies, said: “In a groundbreaking collaboration, Thor and Fleet Space are set to redefine mineral exploration through the innovative integration of space technology. This partnership marks the convergence of advanced technologies. Fleet’s cutting-edge space technology will merge seamlessly with Thor’s expertise in mineral exploration. The Alford East project will act as the catalyst for this transformative journey, ushering in a fresh era defined by heightened efficiency and unparalleled precision. This will unlock a realm of opportunities for highly targeted drilling campaigns and expedited exploration endeavours.”

The Alford East project covers the northern extension of the Alford Copper Belt, located on the Yorke Peninsula, South Australia. The Alford Copper Belt is a semi-coherent zone of copper-gold oxide mineralisation, within a structurally-controlled, north-south corridor consisting of deeply kaolinised and oxidised troughs within metamorphic units on the edge of the Tickera Granite, Gawler Craton, South Australia. Thor completed an inferred mineral resource estimate by using historic drill hole information, which came in at 125.6 Mt at 0.14% Cu containing 177,000 t of contained copper and 71,500 oz of contained gold.