Fleet Space

Fleet Space Technologies develops a space-enabled seismic intelligence platform that delivers integrated 3D subsurface data for mineral exploration, enabling geoscience teams to direct exploration and development capital to the right ground with speed, depth, and scale. The company ExoSphere system combines satellite connectivity, ambient noise tomography, geophones, and proprietary machine learning algorithms to generate seismic-led 3D exploration models that resolve geological structure at depth where surface and legacy methods lose signal. Unlike traditional approaches that reconcile geophysics, geology, and mineralogy from separate vendors after the fact, Fleet integrates acquisition, geology, geophysics, mineralogy, drillhole ground truth, and machine learning interpretation into one seismic-led model from the start. The platform delivers quantified uncertainty with ranked targets, enabling confident capital allocation, drilling, and development decisions. Fleet serves the full exploration lifecycle through three solutions: Project Generation for first-pass greenfields exploration, Target Definition for de-risking prospects before drilling, and Drill Testing for optimizing drill placement and reducing wasted meters. The company has delivered 400+ projects globally, with 54% of all tier 1 miners as clients including Rio Tinto, Barrick Gold, Maaden, and Reko Diq, achieving 3x faster exploration timelines, 500K+ meters of drill programs de-risked, and 50%+ improvement in targeting accuracy. Fleet also serves defence and space exploration sectors. Founded in 2018 and headquartered in Adelaide, Australia, Fleet Space has raised approximately $166.9 million in Series D funding from investors including Momenta, Horizons Ventures, Grok Ventures, Blackbird Ventures, Alumni Ventures, Hostplus, TelstraSuper, Pavilion Capital Partners, Bondi Partners, In-Q-Tel, and Ontario Teachers Pension Plan. The company employs approximately 132 people and operates its own satellite constellation.