Southern Cross Space and Innvex Partner to Revolutionise Spaceborne Mineral Exploration

Minerals are essential for improving living standards and driving the transition to a low-carbon economy. At the core of this transformation is exploration—powered by cutting-edge technology.

Mike Lee, Managing Director of Innvex NZ, highlighted the urgency of meeting rising mineral demand: "Copper demand is projected to increase by 70% by 2050, while lithium demand is expected to rise 40-fold. This collaboration bridges the gap between spaceborne assets and real-world exploration outcomes, delivering tangible returns on investment. It marks the beginning of smarter exploration and intelligent mine management."

Southern Cross Space CEO Peter Kinne emphasised the economic advantages of space-based exploration: "Spaceborne mineral exploration is not just innovative—it's more cost-effective, accelerates the discovery phase, and reduces financial risk. Partnering with Innvex strengthens our regional capabilities and creates a competitive advantage through space technology."

With the space economy and mining industry projected to reach $1.8 trillion and $4 trillion by 2035, respectively, Southern Cross Space and Innvex are poised to deliver groundbreaking space-based solutions for the future of mining and exploration.

We look forward to a successful and impactful partnership with Innvex as we continue to push the boundaries of what's possible with satellite technology.

About Southern Cross Space:

Southern Cross Space is an Australian company enabling space capability through custom-designed microsatellites, tasking, missions, ground stations, on-orbit management, and data-driven insights. In addition to custom built microsatellites, we provide our customers with high-resolution imagery and analytics, empowering emerging economies and industries with scalable, satellite-centric solutions. We believe everyone has a place in space. www.scspace.au

About Innvex:

Innvex New Zealand Limited is an independent Business, IT, and GIS services provider, delivering progressive-edge solutions in sensor technology, communications and resilience-enabling technology. Innvex partners with industry leaders to enhance decision-making and sustainable business practices across mining, exploration, environmental management, and GIS sectors. www.innvex.com