Fleet Space raises $100M to scale satellite-enabled mineral prospecting tech
SMRTR summary
Fleet Space Technologies, an Australian startup, raised $100 million in Series D funding to accelerate its ExoSphere platform for space-based mineral prospecting. The company, now valued at $525 million, uses satellites, ground sensors, and AI to generate insights for prospectors. Fleet is also planning a 2026 lunar mission to capture seismic data. The funding round was led by Teachers' Venture Growth, with participation from existing investors, doubling the company's valuation since its Series C round.
SMRTR provides this summary for quick context. The original article belongs to TechCrunch.
Read the original article