ASX-listed drone survey specialist Delta Drone International has struck a deal to represent US analytical software company Strayos in Australia and Africa.
Microcap Delta Drone, which says it works for companies such as Anglo American Corp, Newmont Mining and South32, will use Strayos’ advanced image processing and AI-driven analytical software to provide customers with a “stronger vertically integrated solution that not only includes data capture but also data insights”, according to CEO Christopher Clark.
Delta said Strayos’ software was primarily data-enabled by aerial imagery and lidar, captured by drones, and used to create digital twins of sites. The digital twins could be further enhanced by adding data from additional sensors from mining equipment.
“Strayos AI generates insights that help mining management and engineers make faster more informed decisions and ensure conformance across their operations,” Delta said. Clark said: “Overlaying AI-intelligence in our current data workflows adds a higher value proposition to the end user, resulting in faster turnaround of reporting and ultimately simplifying decision-making within these complex environments. DLT will see an increased revenue mix of software sales while Strayos will leverage our global presence and geospatial experience to ensure customers receive seamless on-boarding and continuous support.”
Delta Drone generates current annual revenue of circa-A$5 million and has a sub-$5m market capitalisation. It has regional offices in Perth, Western Australia, Johannesburg, South Africa, and Accra, Ghana.
Strayos CEO Ravi Sahu, who founded the Buffalo-based company in 2016, said the alliance with Delta marked the “beginning of an exciting new chapter in making advanced AI solutions easily available to the mining industry”.
As well as integrating Strayos software in its service offering, Delta will distribute software licences across Africa and Australia, either directly or via resellers and consultants.
