Fleet Space Technologies

Fleet Space Technologies is an Australian space company that has become a notable player in mineral exploration. Its ExoSphere platform combines a constellation of small satellites, rapidly deployable smart seismic sensors, and AI to build 3D images of the subsurface — letting explorers survey for critical minerals faster and with a far lighter footprint than traditional ground crews. Used by more than 40 exploration companies including Rio Tinto and Barrick (notably at the giant Reko Diq copper project), Fleet Space raised a large Series D that valued it in the hundreds of millions and is extending the approach beyond Earth, with a lunar sensor slated to fly on a 2026 mission. It is a genuine AI-and-hardware vendor with a distinctive space-meets-mining angle; as with all exploration technology, its imaging accelerates and de-risks the search for deposits but does not remove the need to drill and prove them.