Latest news with #hyperspectral
Associated Press
19-06-2025
- Business
- Associated Press
Future Fuels Reports Results of Hyperspectral Survey at The Hornby Basin Uranium Project
VANCOUVER, BC / ACCESS Newswire / June 19, 2025 / Future Fuels Inc. (TSXV:FTUR)(FSE:S0J) ('Future Fuels' or the 'Company') is pleased to report the results of a hyperspectral remote sensing survey conducted at its 100%-owned Hornby Basin Uranium Project (the 'Hornby Project' or the 'Project'), located in the Hornby Basin, Nunavut Territory. The hyperspectral survey (the 'survey') successfully identified mineralogical, geochemical, and gas anomalies consistent with known uranium mineralization at the Project, generating over 100 anomaly clusters. The anomalous hyperspectral results will be integrated with the company's exploration model and will provide additional targets to ground truth in the upcoming exploration season. 'The first ever hyperspectral survey completed at the Hornby Project moves us another step closer to refining our targets.' commented Rob Leckie, President & CEO of Future Fuels, 'We will continue to update our shareholders as we move towards formularizing our first exploration program at the Project.' Highlights Figure 1: Map displaying the gas, dielectric constant (DC) and mineral endmember anomalies (polygons) and Helium emission intensity rasterised results. Hyperspectral Survey Overview The hyperspectral program consisted of evaluating satellite derived data across the entire property portfolio. The spectral signatures observed at the known mineralised area at Mountain Lake was used to assess and identify comparable targets across the broader Hornby Bay Basin (Figure 1). The survey analyzed 10-band Sentinel-2 data (VNIR and SWIR) and integrated it with PALSAR-2 SAR to detect mineralogical and geochemical signals from surface and near-surface environments. Spectral unmixing techniques were applied to generate 16 mineral endmembers, compared to the USGS mineral library. High-confidence matches included: These minerals are all common in or near uranium-bearing sandstones, particularly in redox-front systems where uranium precipitates from oxidized fluids. A multivariate classifier trained on the spectral fingerprint of the Mountain Lake area identified 100 high-priority targets with similar spectral responses-excluding the known system itself-to guide future prospecting. The gas component of the survey revealed elevated He, CH₄, and CO₂ concentrations that are potentially linked to: These anomalies indicate active geochemical pathways from depth, potentially marking concealed mineralization. Additionally, SAR backscatter analysis provided dielectric constant estimates, with higher values over Mountain Lake associated with moisture-bearing alteration minerals. The dielectric signature supports the remote detection of alteration zones even under shallow cover. The survey results strongly support the exploration model for a near-surface, sandstone-hosted uranium system with spectral and gas signatures consistent with known high-grade mineralization. These insights will be integrated into Phase 2 exploration planning. What is a Hyperspectral Survey? A hyperspectral survey is a remote sensing technique that analyzes light reflected from the Earth's surface across a wide range of wavelengths, well beyond what the human eye can see. Each mineral reflects light in a unique way, creating a 'spectral signature' that can be used to identify specific materials on the ground, such as clays, oxides, or sulfides commonly associated with mineral deposits. In this survey, satellite imagery from Sentinel-2 was used to capture visible and infrared light in 10 spectral bands. The data was then processed using a method called spectral unmixing, which separates the signal into pure mineral components (called endmembers). By comparing these signatures with known mineral libraries, geologists can detect subtle variations in surface mineralogy that may indicate buried mineralization. Additionally, the survey mapped natural gas emissions (e.g., helium, hydrogen, methane) that can escape from uranium-bearing deposits through cracks and fissures in the ground. These gas signatures-along with mineral indicators-help pinpoint potential new exploration targets, even when they're hidden beneath soil, vegetation, or glacial cover (After Pendock, 2025). References Future Fuels Inc. (2025). NI 43-101 Technical Report on the Hornby Basin Uranium Project. Future Fuels Inc. Pendock. N, (2025) Uranium exploration at Mountain Lake, Nunavut, using Sentinel-2visible/near infrared [VNIR], shortwave infrared [SWIR] and Palsar-2 synthetic aperture radar [SAR] imagery. Smith, J.P. (2003). Geophysical Survey Data and Uranium Assay Analysis in the Hornby Basin. Canadian Geological Survey Bulletin No. 315. National Instrument 43-101 Disclosure Nicholas Rodway, P. Geo, (NAPEG Licence # L5576) is a consultant of the company and is a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Properties. Mr. Rodway has reviewed and approved the technical content in this release. About Future Fuels Inc. Future Fuels' principal asset is the Hornby Project, covering the entire 3,407 km² Hornby Basin in north-western Nunavut, a geologically promising area with over 40 underexplored uranium showings, including the historic Mountain Lake System. Additionally, Future Fuels holds the Covette Property in Quebec's James Bay region, comprising 65 mineral claims over 3,370 hectares. On behalf of the Board of Directors FUTURE FUELS INC. Rob Leckie CEO and Director [email protected] 604-681-1568 X: @FutureFuelsInc Forward Looking Statements Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information, including, but not limited to, statements regarding the Hornby Project, the prospects of the mineral claims forming the Hornby Project, which are not at an advanced stage of development, the Company's anticipated business and operational activities, and the Company's plans with respect to the exploration or advancement of the Hornby Project. Factors that could cause actual results to vary from forward-looking statements or may affect the operations, performance, development and results of the Company's business include, among other things, the Company's ability to generate sufficient cash flow to meet its current and future obligations; that mineral exploration is inherently uncertain and may be unsuccessful in achieving the desired results; that mineral exploration plans may change and be re-defined based on a number of factors, many of which are outside of the Company's control; the Company's ability to access sources of debt and equity capital; competitive factors, pricing pressures and supply and demand in the Company's industry; and general economic and business. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. SOURCE: Future Fuels Inc. press release
Geek Wire
13-06-2025
- Science
- Geek Wire
Xplore reveals colorful hyperspectral views captured by its planet-watching satellite
An image from the XCUBE-1 satellite shows the Salt River in Arizona. ©2025 Xplore Inc. All rights reserved. Bellevue, Wash.-based Xplore has released the first hyperspectral images from its XCUBE-1 satellite, six months after the shoebox-sized spacecraft was sent into orbit. The pictures, captured with a resolution of 5 meters (16 feet) per pixel, show a river in Arizona, rugged terrain in Saudi Arabia, farmland in Uzbekistan and a settlement in Inner Mongolia. Each image is color-coded to reflect wavelengths that go beyond what the eye can see. Such images can be used to assess agricultural crop health, moisture levels and other characteristics of a given terrain. Thermal infrared imagery could be used to track the spectral signatures of seagoing vessels or overland shipments as part of a campaign to crack down on illegal trafficking. For military applications, hyperspectral images could point to newly laid minefields or see through camouflage. And for space applications, Xplore's multi-sensor imaging system could be turned spaceward to track other satellites. 'Xplore is focused on providing high-quality data products for our customers and partners,' Jeff Rich, co-founder and CEO of Xplore, said today in a news release. 'Our imagery is outperforming expectations, and its exceptional quality stems from the sophisticated ground calibration of our instruments and data processing pipeline. We expect demand for high-quality hyperspectral imagery to expand rapidly in multiple domains.' Hyperspectral satellite image of An Nabhaniyah, Saudi Arabia. ©2025 Xplore Inc. All rights reserved. Hyperspectral satellite image of farmland in Uzbekistan. ©2025 Xplore Inc. All rights reserved. Hyperspectral satellite image of Inner Mongolia, China. ©2025 Xplore Inc. All rights reserved. Two years ago, Xplore won a study contract from the National Reconnaissance Office to look into potential applications for hyperspectral imaging. Last December, XCUBE-1 was launched into low Earth orbit on a SpaceX Falcon 9 rocket as part of the Bandwagon-2 satellite rideshare mission. Xplore says it's sharing its initial data and exploring use cases with key customers and partners. The company plans to send future satellite platforms into Earth orbit and to other destinations to execute on its 'Space as a Service' business model. 'We're thrilled with Xplore's progress and are thankful for our talented team and partners,' Xplore co-founder and chief operating officer Lisa Rich said. 'Their hard work and dedication are clearly reflected in the outstanding imagery we're producing. We now invite customers to request data samples to assess our data for their programs and projects. The use of these data products will be crucial to produce insights, perform change detection and identify anomalies that are critical to our customers' applications.'
Entrepreneur
11-06-2025
- Business
- Entrepreneur
Pixxel Secures Second Defence Grant to Develop Advanced Space Imaging Payloads for IAF
The iDEX scheme, under the Ministry of Defence, is designed to spur the development of prototypes and advanced technologies by startups and small enterprises You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Pixxel, a space technology company headquartered in Bengaluru, has secured a second grant under the Indian Ministry of Defence's iDEX (Innovations for Defence Excellence) initiative, aimed at accelerating indigenous innovation for the country's defence forces. The new SPARK Grant—awarded to its subsidiary, SpacePixxel Pvt Ltd—will support the development of hyperspectral and Mid-Wave Infrared (MWIR) payloads for the Indian Air Force. The award, part of the iDEX DISC 8 Challenge 6.2, marks a continued collaboration between Pixxel and the Indian defence ecosystem. It builds on the company's earlier selection under the iDEX Prime (Space) Mission DefSpace Challenge in 2023, which focused on miniaturised multi-payload satellite development. Pixxel, known for constructing what it claims is the world's highest-resolution hyperspectral satellite constellation, said it will now focus on delivering security-grade imaging technology designed for both airborne and space-based platforms. These next-generation payloads are expected to enhance India's remote sensing capabilities, enabling high-precision monitoring and analysis in strategic scenarios. "This grant is a proud milestone in our journey to put India at the forefront of next-generation aerospace innovation," said Awais Ahmed, founder and CEO of Pixxel, in a statement. "We're honoured to deepen our partnership with the Government of India and advance our mission of building cutting-edge space infrastructure right here at home." Hyperspectral imaging technology captures detailed spectral data across hundreds of wavelengths, offering advantages in detecting materials, identifying terrain changes, and monitoring environmental or military assets. The addition of MWIR capability would allow for enhanced thermal imaging, critical in low-light or night-time operations. The iDEX scheme, under the Ministry of Defence, is designed to spur the development of prototypes and advanced technologies by startups and small enterprises. Pixxel's repeated selection for support highlights the government's growing trust in the company's technical expertise and manufacturing capabilities. With three satellites already in orbit and more expected to launch, Pixxel has been steadily expanding its footprint in the space-based Earth observation sector. Its in-house platform, Pixxel Aurora, offers users tools to visualise and analyse hyperspectral data for a range of applications. However, the company has remained focused on its core objective: developing a real-time, high-resolution monitoring system for the planet with dual-use potential for civilian and defence stakeholders.
Geek Wire
10-06-2025
- Business
- Geek Wire
Xplore unveils colorful hyperspectral views captured by its planet-watching satellite
An image from the XCUBE-1 satellite shows the Salt River in Arizona. ©2025 Xplore Inc. All rights reserved. Bellevue, Wash.-based Xplore has released the first hyperspectral images from its XCUBE-1 satellite, six months after the shoebox-sized spacecraft was sent into orbit. The pictures, captured with a resolution of 5 meters (16 feet) per pixel, show a river in Arizona, rugged terrain in Saudi Arabia, farmland in Uzbekistan and a settlement in Inner Mongolia — with each image color-coded to reflect wavelengths that go beyond what the eye can see. Such images can be used to assess agricultural crop health, moisture levels and other characteristics of a given terrain. Thermal infrared imagery could be used to track the spectral signatures of seagoing vessels or overland shipments as part of a campaign to crack down on illegal trafficking. For military applications, hyperspectral images could point to newly laid minefields or see through camouflage. And for space applications, Xplore's multi-sensor imaging system could be turned to track other satellites 'Xplore is focused on providing high-quality data products for our customers and partners,' Jeff Rich, co-founder and CEO of Xplore, said today in a news release. 'Our imagery is outperforming expectations, and its exceptional quality stems from the sophisticated ground calibration of our instruments and data processing pipeline. We expect demand for high-quality hyperspectral imagery to expand rapidly in multiple domains.' Two years ago, Xplore won a study contract from the National Reconnaissance Office to look into potential applications for hyperspectral imaging. Last December, XCUBE-1 was launched into low Earth orbit on a SpaceX Falcon 9 rocket as part of the Bandwagon-2 satellite rideshare mission. Xplore says it's been sharing its initial data and exploring use cases with key customers and partners. The company plans to send future satellite platforms into Earth orbit and to other destinations to execute on its 'Space as a Service' business model. 'We're thrilled with Xplore's progress and are thankful for our talented team and partners,' Xplore co-founder and chief operating officer Lisa Rich said. 'Their hard work and dedication are clearly reflected in the outstanding imagery we're producing. We now invite customers to request data samples to assess our data for their programs and projects. The use of these data products will be crucial to produce insights, perform change detection and identify anomalies that are critical to our customers' applications.'
