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Fleet Space raises $100M to scale satellite-enabled mineral prospecting tech


Late-stage deals in space have been on the decline this year, but one notable exception is Fleet Space Technologies’ $100 million Series D.  The

The Adelaide, Australia-based startup raised the new funding to accelerate the development of ExoSphere, a platform to enable real-time mineral prospecting from space. Fleet is also sending a payload to the moon onboard Firefly Aerospace’s lunar lander in 2026. That sensor will capture seismic data from the lunar surface that will help researchers better understand the subsurface of the moon and its mineral properties.

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