Fleet Space Technologies Collaborates with Thor Energy to Revolutionize Mineral Exploration at Alford East Project

In a significant move demonstrating the power of combining space technology with mineral exploration, Fleet Space Technologies (“Fleet”) announced a collaboration with Thor Energy Plc (“Thor”). The companies say the partnership will redefine the mineral exploration methodologies at the Alford East Copper-REE Project in South Australia.

Central to this collaboration is the integration of Fleet’s state-of-the-art EXOSPHERE BY FLEET® technology. This technology, when combined with Thor’s exploration expertise, promises to accelerate the realization of the project’s potential. The aim is to achieve faster, more precise, and sustainable exploration practices, reducing overall environmental impact, according to the company.

Fleet’s technology uses advanced Artificial Intelligence (AI) and Machine Learning (ML) techniques to integrate geophysical and geological data sets, culminating in a detailed 3D model of the exploration site. The collected data is quickly processed and relayed via Fleet’s network of low earth orbit satellites.

exosphere by fleet space technologies
Exosphere by Fleet Space Technologies

The partnership also introduces the use of ANT surveys over the northern sector of the Alford East Project. By harnessing natural environmental vibrations, this exploration technique can provide insights into the Earth’s composition at considerable depths. The incorporation of data from these surveys with Thor’s existing geological models is expected to lead to a clearer understanding of mineral-rich zones.

Nicole Galloway Warland, Managing Director of Thor Energy, expressed her enthusiasm about the partnership, noting that the satellite-enabled exploration approach powered by Fleet’s Exosphere technology promises to bring new levels of efficiency and accuracy to the industry.

Reiterating their commitment to the project, Fleet took an equity stake in Thor Energy. This decision follows Fleet’s recent news, including completing their Series C fundraising round and securing contracts with globally renowned exploration companies such as Rio Tinto and Barrick Gold.

“We are delighted that Fleet has signalled its intent for a long-term collaboration at Alford East by taking a stake in Thor Energy that see us become partners in innovation as we work together to redefine exploration practices for the better,” the managing director said.

The Alford East Copper-REE Project, located on the picturesque Yorke Peninsula in South Australia, remains a crucial focus for Thor Energy. With Fleet’s technology integration, expectations are high for revolutionized exploration strategies, enabling more informed decision-making processes and efficient drilling campaigns.

About Fleet Space Technologies

An Australian frontrunner in the space sector, Fleet Space Technologies operates at the forefront of bridging the connection between Earth, Moon, and Mars. With their groundbreaking products and connectivity solutions, they made significant strides in mineral exploration, defence, and space exploration domains. Based out of Adelaide, South Australia, the company has a global footprint, including presence in the US, Canada, Luxembourg, and Chile.

fleet space technologies logo

About Thor Energy Plc

Specializing in mineral exploration, Thor Energy Plc is known for its innovative approach in discovering valuable resources. With its advanced geological and technological methods, the company is steadfast in its mission to redefine exploration in the minerals sector.

Alan Gray
Alan Gray is the Publisher and Editor-in-Chief of NewsBlaze Daily News and other online newspapers. He prefers to edit, rather than write, but sometimes an issue rears it's head and makes him start hammering away on the keyboard.

Content Expertise

Alan has been on the internet since it first started. He loves to use his expertise in content and digital marketing to help businesses grow, through managed content services. After living in the United States for 15 years, he is now in South Australia. To learn more about how Alan can help you with content marketing and managed content services, contact him by email.

Technical Expertise

Alan is also a techie. His father was a British soldier in the 4th Indian Division in WWII, with Sikhs and Gurkhas. He was a sergeant in signals and after that, he was a printer who typeset magazines and books on his linotype machine. Those skills were passed on to Alan and his brothers, who all worked for Telecom Australia, on more advanced signals (communications). After studying electronics, communications, and computing at college, and building and repairing all kinds of electronics, Alan switched to programming and team building and management.He has a fascination with shooting video footage and video editing, so watch out if he points his Canon 7d in your direction.