Turner Caldwell

And so we'll bring autonomous haul trucks in, we'll bring autonomous drill rigs in, we'll bring in autonomous loaders and dozers and graders and water trucks, kind of like all the assets that are being used to run a mine that today are, you know, 99% of mines are manned.

And we want to go full closed loop between kind of the world models and the reinforcement agents and determining what the autonomous assets actually do.

And then actually getting that to the refinery.

Yeah, I think it'll happen in two phases.

I think the first phase is going to double productivity through just like better orchestration and better logistics management and better utilization of all the equipment.

That's productivity and unit costs.

You know, diesel is a good example for heavy haul machinery, like half of the diesel consumption up to half is from like idle time in the pit on the equipment.

And so there's a lot of kind of like short term potential gains.

But I also think that

autonomy is going to fundamentally change.

It's going to unlock a lot of like operating modes that can't really be done with humans.

And so the way that the mining industry has kind of driven down cost over an extended period of time has been through scale.

So the haul trucks are getting bigger, the shovels are getting bigger, and it's all focused on kind of reducing your labor intensity.

So, you know, maximizing tons of ore, tons of ore moved or tons of material moved per unit of like labor hour.

um but as you move into like autonomous systems and eventually kind of like design the mines themselves to be autonomous um i think we're gonna see things get smaller um and like swarm mining is gonna get unlocked and that's fundamentally gonna enable you to actually kind of like be more selective in how you mine your roads get smaller which means you can maximize kind of recovery of the ore from the pit

So I think it'll all happen in two phases.

It's like take the existing architecture, make it autonomous and maximize utilization and availability of equipment.

And then there's going to be this like once autonomy is kind of like fully demonstrated across the stack, there's going to be this opportunity to actually attack like fundamentally how our minds mind.

Yep.

End of 2024, raised a seed round in August.