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IMDEX Limited (IMDXF) delivers cutting-edge mining technology solutions through sensor systems and data analytics. This news hub provides investors and industry professionals with essential updates on corporate developments and technological advancements.
Access timely announcements including earnings reports, product innovations, and strategic partnerships that demonstrate IMDEX's leadership in drilling optimization and mineral exploration technologies. Our curated collection ensures you stay informed about cloud-connected sensor developments and AI-driven resource extraction solutions.
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IMDEX (OTC:IMDXF) has agreed to acquire 100% of Advanced Logic Technology (ALT) and Mount Sopris Instruments (MSI) for a combined upfront €55.8 million (~A$98.9m) to expand earth science sensor and software capabilities.
The deal includes up to €20m of performance‑linked deferred consideration, is to be funded from cash and existing debt, and implies a pro forma Net Debt/FY25 normalized EBITDA of 1.1x. Completion is expected within FY26 Q3 subject to customary conditions and Luxembourg foreign investment approval.
IMDEX expects ~A$10m incremental revenue and ~A$2m normalized EBITDA contribution in FY26, recognition of ~A$60m goodwill, acquired IP ~A$30m (≈A$1m additional amortisation), ~A$1m higher capex and ~A$2m interest costs; the transaction is expected to be EPS accretive in the first full year.
IMDEX Limited (IMDXF) has announced the acquisition of Norway-based Earth Science Analytics AS (ESA) to enhance its digital orebody knowledge capabilities. The deal involves IMDEX initially acquiring an 80.5% controlling stake for A$26 million (NOK 173 million), with the remaining minority interest to be purchased after four years.
The strategic acquisition will enable IMDEX to integrate its existing solutions (Datarock, aiSIRIS, and Mineportal) with ESA's EarthNET platform, creating an open platform for earth systems and delivering enhanced AI-enabled geoscience solutions. The transaction is expected to close by August 2025.
IMDEX (OTC: IMDXF), a global mining-tech company, has announced a strategic collaboration with Datarock and ELEMISSION to enhance geological data analysis capabilities. The partnership aims to integrate ELEMISSION's Laser-Induced Breakdown Spectroscopy (LIBS) imaging technology with Datarock's AI-driven data processing infrastructure.
Datarock's Chief Executive Officer Liam Webb emphasized the collaboration's potential to set new standards in geological data analysis. The company's ML/AI infrastructure processes geoscientific data to enable data-driven decisions and improved insights across mining operations.
ELEMISSION's contribution includes their pioneering laser-powered and AI-enhanced LIBS imaging technology, which provides automated mineralogy and geochemistry analysis for mining operations. The technology is currently utilized by several Tier 1 mining companies for real-time decision optimization.
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