GeologicAI is expanding its critical-minerals toolkit by acquiring Lumo Analytics and integrating Laser-Induced Breakdown Spectroscopy into its AI platform. The compact LIBS scanners deliver fast, non-destructive geochemical readings in the field, including rare-earth and light elements traditionally hard to detect.
The Calgary company says the deal completes an on-site sensing stack paired with decision modelling after scanning over two million metres of core. Chief executive Grant Sanden said miners need higher-quality data, faster. The acquisition builds on GeologicAI’s recent $60 million Series B as it scales globally across global markets.
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