▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

GeologicAI Expands Its Horizons with the Acquisition of Resource Modeling Solutions

#artificialintelligence--GeologicAI, a leading innovator in mining technology, is proud to announce the acquisition of Resource Modeling Solutions. This strategic move marks a significant milestone in...

Business Wire

CALGARY, Alberta: #artificialintelligence--GeologicAI, a leading innovator in mining technology, is proud to announce the acquisition of Resource Modeling Solutions. This strategic move marks a significant milestone in GeologicAI's growth and commitment to innovation.

Resource Modeling Solutions (RMS), known for its pioneering work in advanced geostatistical modeling of subsurface deposits for the mining sector, brings a wealth of cutting-edge technology and a team of talented professionals that perfectly complement GeologicAI’s mission and values. This partnership not only expands GeologicAI’s product and service offerings but also opens new possibilities for both organizations.

"We are thrilled to welcome RMS to the GeologicAI family," said GeologicAI founder and CEO Grant Sanden. "This integration strengthens our position in the industry and enhances our ability to deliver groundbreaking end-to-end technology solutions to our clients. It's a win-win for all parties involved. We are focused on continuing to expand our capabilities by integrating new and emerging technologies.”

This strategic acquisition will have a positive impact on the industry and the community, as it will create opportunities for collaboration, innovation, and knowledge-sharing. The combined expertise of both organizations will lead to the development of advanced solutions that will define the future of resource discovery and development, from Rock Scan to Mine Plan.

Earlier this year GeologicAI welcomed major investment from climate technology fund Breakthrough Energy Ventures along with Export Development Canada Ventures. This transformational investment enables GeologicAI to acquire and develop leading technologies and supports global scaling of its fleet of AI-powered robot geologists, accelerating resource exploration and extraction to meet our planet's increasing demand for critical minerals.

For more information about GeologicAI and its recent acquisition of Resource Modeling Solutions please rmsinfo@geologicai.com.

About GeologicAI:

GeologicAI, based in Calgary, Canada, is revolutionizing resource exploration by developing AI-driven core scanning robots and software. Their technology generates the most extensive geological dataset in the industry, significantly improving workflows from exploration to extraction. Visit www.geologicai.com to learn more.

About Resource Modeling Solutions:

Resource Modeling Solutions helps modern mining, environmental, and petroleum companies manage uncertainty and understand geological variability to make the best decisions possible. Visit www.resourcemodelingsolutions.com to learn more.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Roblox to Report Second Quarter 2025 Financial Results on July 31, 2025

Roblox Corporation (NYSE: RBLX) today announced that it will report the company’s second quarter 2025 financial results before the opening of the U.S.…

NiCE Unveils 2025 International CX Excellence Award Winners, Spotlighting…

#AI--NiCE (Nasdaq: NICE) today announced the winners of its 2025 International CX Excellence Awards, honoring organizations from across EMEA and APAC…

LambdaTest Announces Deeper Collaboration with Appium as Strategic Partnership

#AI--LambdaTest, a unified agentic AI and cloud engineering platform, has announced it has become a strategic sponsor of Appium, the world’s most widely…

ReSource Pro Makes Strategic Acquisition of Propellint; Expands Technology…

ReSource Pro today announced it has acquired Propellint, a technology services firm specializing in implementation and support for insurance platforms…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!