start up fleet space announced yesterday that it has used its satellite-powered AI system to expand the scope of already massive lithium reserves in Quebec.
Finding mineral resources is not easy. Only three out of 1,000 potential deposits prove to be commercially viable, and this can take years to prove by drilling core samples. Fleet Space says its approach can help with targeted drilling operations, reducing decision-making time from weeks to days.
The startup currently has a small constellation of satellites in orbit that use an array of sensors, including electromagnetic and gravity-sensing, to map the subsurface. Fleet Space then feeds that data into its software platform, which can provide a new location for drilling in as little as 48 hours.
The Cisco project is currently estimated to produce up to 329 million metric tons of lithium oxide. Fleet Space said results from the lithium deposit could extend beyond Cisco’s current boundaries, adding that the area has “district level potential.”
