GeologicAI Acquires Lumo Analytics to Enhance Critical Minerals Exploration with Integrated LIBS Technology
GeologicAI, a global leader in High-Resolution Decision Engineering for the critical minerals sector, has announced the acquisition of Lumo Analytics, a company specializing in compact and efficient Laser-Induced Breakdown Spectroscopy (LIBS) scanners. The move completes GeologicAI’s integrated on-site sensor suite, enabling comprehensive real-time geochemical analysis across critical minerals and rare earth elements (REEs). LIBS is a rapid, non-destructive analytical technique that uses a high-energy laser pulse to vaporize a microscopic portion of a rock, creating a brief plasma that emits light. As the plasma cools, the emitted light produces a unique spectral signature for each element present, providing immediate chemical data. This allows mining teams to obtain detailed geochemical insights directly in the field—speeding up exploration, resource evaluation, and decision-making. The acquisition strengthens GeologicAI’s Resource Knowledge Systems (RKS), expanding its capabilities to detect light elements and REEs—elements often missed by conventional sensors. With over two million meters of core already scanned using its proprietary technology, GeologicAI now integrates Lumo’s advanced LIBS hardware into its multi-sensor platform, enhancing its ability to deliver high-resolution, actionable intelligence. Grant Sanden, CEO of GeologicAI, emphasized the strategic importance of the acquisition: “The mining industry is facing a critical minerals crisis, demanding faster, more accurate data to bring resources to market. Our mission is to deliver enhanced data at the source, combined with deep domain expertise and advanced analytics. This acquisition is a pivotal step toward achieving that goal.” Steve Buckley, Senior Vice President of Engineering at GeologicAI and a 25-year pioneer in LIBS technology, praised Lumo’s innovation: “Lumo Analytics has developed the most compact and efficient LIBS scanner available. Proven in real-world conditions, it delivers unmatched speed and insight. We’re excited to bring their team and technology into our mission of advancing High-Resolution Decision Engineering.” Antti Kotanen, co-founder and CEO of Lumo Analytics, highlighted the synergy: “LIBS is transforming mining by enabling rapid, accurate detection of light elements and REEs—key to identifying high-value deposits. We’re proud of what we’ve built and excited to expand our impact through partnership with GeologicAI.” The integration is expected to significantly improve mineral mapping and support better decisions across exploration, resource modeling, and processing. Industry leaders have welcomed the development. Pekka Santasalo, Head of Growth & Ventures at Rio Tinto, noted: “Access to high-resolution, real-time geological data is essential for reducing risk and improving decision quality. This combination of GeologicAI’s platform and Lumo’s LIBS technology represents a major leap forward.” GeologicAI and Lumo Analytics confirm the acquisition is a natural fit, with no disruption to customers. All Lumo products will continue to be supported and supplied, with ongoing investment in LIBS innovation. The companies share a vision rooted in geoscience excellence and technological advancement, aiming to redefine how the mining industry understands and develops complex ore bodies.
