Australian space explorer Fleet Space Technologies announced Monday it has signed a contract with Saudi miner Ma’aden to explore up to 12,012.6km² of the company’s priority projects across the Arabian Shield.
The four-year agreement with the Fleet Space and Tahreez JV will enable high-resolution, real-time 3D subsurface imaging up to 7km in depth to support Ma’aden’s growth strategy, the company said.
The contract expands Fleet Space’s operational presence in the Middle East following an MoU signed in January. The initiative will be delivered through the regional joint venture established by Fleet Space and Tahreez, enabling the rapid deployment of Fleet Space’s vertically integrated ExoSphere platform, including its network of low earth orbit satellites, smart ground sensors, and advanced AI models that deliver real-time 3D subsurface insights and AI-enabled drill targets to highly remote field teams in days.
Used by miners Rio Tinto, Barrick, Gold Fields, and AngloGold Ashanti to deliver 3D imaging of mineral systems across five continents, ExoSphere enhances data-driven exploration with near-zero environmental impact, the company said.
“This exploration contract with the Fleet Space & Tahreez JV marks the beginning of a new chapter in the future of mineral exploration—one where the latest advances in space technology, real-time geophysics, and AI converge to build the mineral supply chains of tomorrow,” Ma’aden CEO said Bob Wilt said in a news release.
“By integrating Fleet Space’s exploration stack with our operations, Maaden aims to set a new global benchmark in exploration data intelligence and build a faster, smarter, and more sustainable path forward for the global mining sector—fully aligned with the Kingdom’s bold transformation under Vision 2030.”
More about the initiative is here.
