Fleet Space' Exosphere Earth Scanning Technology tested at lithium exploration site

Fri, 12 Aug 2022 02:31:20 GMT
Space Daily

Adelaide, Australia (SPX) Aug 10, 2022 Fleet Space Technologies is delighted to announce the...

Fleet Space Technologies is delighted to announce the successful completion of a trial using its proprietary Ambient Noise Tomography technology to faster and non-invasively find critical lithium deposits.

Opportunity To Revolutionise Exploration Fleet's ExoSphere technology has been created to answer the urgent global requirement to find a dramatically more sustainable, economically viable and faster route to finding critical mineral deposits.

Since introducing ExoSphere technology to the market in Q1 2022, Fleet has been engaged by the world's leading exploration companies.

ExoSphere is Fleet's pioneering exploration technology.

The proposal between Fleet Space and Core Lithium outlined the subscription options for ExoSphere by Fleet.

ExoSphere is a pioneering exploration technology that delivers detailed subsurface 3D velocity mapping using an array of Geodes, Fleet's satellite-connected seismic sensors.

Australia'S Fastest Growing Space Company For Fleet, the successful global market introduction of ExoSphere has underpinned significant business expansion, as they have hired more than 80 people in their HQ in Adelaide, South Australia and global growth through its first US regional office in Houston, TX. Fleet completed an oversubscribed Series B fundraising round in 2021, confirming institutional and VC endorsement for its technical and commercial approach and standing as a leader in Australia's rapidly growing space economy.

The Australian federal government has set a dedicated space strategy that aims to triple the space sector's contribution to GDP to over $12 billion per annum and create up to an additional 20,000 jobs by 2030.

In 2021, Fleet announced that it will build the first Hyper Factory of its kind in the Southern Hemisphere at the Australian Space Park, in Adelaide, South Australia.

ExoSphere is a first-of-its-kind system that combines Geodes, Fleet's satellite connected geophones with edge computing, and a constellation of low earth orbit nanosatellites to discover critical resources by up to 15X times faster than traditional methods.