- Fleet Space Technologies has entered into a groundbreaking collaboration with Thor Energy to redefine mineral exploration using space-enabled technology.
- The partnership will focus on the Alford East Copper-REE Project in South Australia, aiming to make drilling more precise, efficient, and environmentally friendly.
September 4, 2023, South Australia — In a move that promises to redefine the future of mineral exploration, Fleet Space Technologies has announced a strategic partnership with Thor Energy. The collaboration aims to leverage cutting-edge space technology and mineral expertise to revolutionize the Alford East Copper-REE Project in South Australia.
A Fusion of Space and Earth Sciences
Fleet’s state-of-the-art EXOSPHERE BY FLEET® technology will be combined with Thor’s mineral expertise to pave the way for more precise and efficient drilling campaigns. The technology uses natural environmental vibrations to analyze the Earth’s composition at significant depths, promising a low-impact exploration technique that could set new industry standards.
Long-term Commitment to Innovation
As a testament to the partnership’s strength and long-term vision, Fleet Space Technologies has taken an equity stake in Thor Energy. “This partnership signals Fleet Space Technology and Thor Energy’s shared commitment to innovation,” said Nicole Galloway Warland, Managing Director of Thor Energy. “We are delighted that Fleet has signaled its intent for a long-term collaboration at Alford East by taking a stake in Thor Energy.”
The Alford East Copper-REE Project, located on the Yorke Peninsula, SA, is a significant area of focus for Thor Energy. The collaboration promises to revolutionize exploration methodologies, resulting in more informed decision-making and streamlined drilling campaigns.
