Xcalibur

Name

Xcalibur

Legal name

Xcalibur Multiphysics Group S.L

Website

https://xcaliburmp.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Airborne Geophysical Survey Services

NAICS

Geophysical Surveying and Mapping Services (541360), Geophysical Surveying and Mapping Services (54136), Support Activities for Mining (213)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Airborne geophysical surveys
• Mineral exploration services
• Earth intelligence platform
• Subsurface mapping services
• Natural resource mapping

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Government Geophysics Contracts: Large-scale national and regional airborne geophysical survey contracts with governments and geological surveys. Examples include Egypt's nationwide mineral survey, Brazil's geological survey contract (27,000 line km), and partnerships with geological surveys in multiple countries. Revenue is contract-based, often multi-year with significant contract values.
2. Mining Company Exploration Services: Contracted airborne geophysical surveys for mining exploration companies. Examples include work for Nexcel Metals (Burnt Hill Tungsten Project), Galway Metals (Clarence Stream gold project), and other mining companies. Services include HeliTEM surveys, magnetic surveys, and data interpretation.
3. Country Mapping Programme: Comprehensive data acquisition, management, interpretation and modeling services for governments covering critical minerals, water, hydrogen, geothermal potential, biodiversity, land use, geological risks, hydrocarbons, and CO2 storage. Supports energy transition and sustainable resource management goals.
4. Infrastructure and Engineering Geomodelling: Following acquisition of EMerald Geomodelling, provides integrated geomodelling services for infrastructure planning, tunnelling, hydropower, and environmental fields including natural hazards. Delivers higher-resolution modelling and improved uncertainty analysis for infrastructure projects.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Xcalibur Smart Mapping operates the world's largest airborne geophysics fleet, providing Earth Intelligence services that combine advanced acquisition, management, processing, fusion, and interpretation of surface and subsurface data. The company delivers multi-source geodata integration for governments, mining companies, energy firms, and infrastructure developers to identify critical minerals, water resources, geothermal energy, hydrocarbons, and geological structures, supported by the XENAI AI platform and proprietary sensing systems.

Product overview

Xcalibur Smart Mapping operates as a global leader in multi-source geodata integration and Earth Intelligence, combining advanced acquisition, management, processing, fusion and interpretation of surface and subsurface data. The company's portfolio includes proprietary airborne geophysical technologies (HeliTEM, HeliFALCON AGG, TEMPEST, Midas, RESOLVE), AI-powered data platforms (XENAI, GREENMETALS MAPPING), and specialized services (Smart Country Mapping, CO2 Storage Assessment, Geothermal Smart Management). Following the acquisition of EMerald Geomodelling, Xcalibur has expanded into infrastructure market applications. The company operates the world's largest airborne geophysics fleet with 103 geophysical systems, more than 40 specialized aircraft, and over 400 qualified professionals across 5 continents.

Differentiator

Problem solved

Functional benefit

Products and services

• XENAI AI Data Platform Advanced AI data platform for Natural Capital and Earth Intelligence that integrates multi-source data — satellite imagery, airborne geophysics, geological surveys, and climate models — with proprietary AI/ML models for pattern detection, anomaly identification, and predictive insights, delivered to policymakers, regulators, resource managers, and infrastructure planners.
• GREENMETALS MAPPING AI-powered digital infrastructure platform aligned with the EU Critical Raw Materials Act that integrates geospatial intelligence, mineral targeting, ESG risk analysis, and regulatory reporting into a unified compliance-by-design system for responsible sourcing of critical raw materials in Europe.
• EMerald Geomodelling Machine Learning-based ground modelling technology that integrates airborne electromagnetic data with geological and geotechnical information to develop probabilistic subsurface models for infrastructure planning, tunnelling, hydropower, environmental fields, and natural hazard management.
• Smart Country Mapping Programme Comprehensive data acquisition, management, interpretation, and modelling solution for governments covering critical minerals, water, hydrogen, geothermal potential, biodiversity characterization, land use, geological risks, hydrocarbons, and carbon capture and storage planning.
• HeliTEM Airborne Electromagnetic System Helicopter-borne time-domain electromagnetic system that measures subtle changes in electrical resistivity between different rocks for mapping geothermal cap rock, subsurface structures, and other features to depths of 500-750m.
• HeliFALCON AGG (Airborne Gravity Gradiometer) Airborne gravity gradiometer technology that measures minute variations in gravity caused by density differences between rocks, mapping geology, basement elevations, calderas, volcanic structures, and fault systems that influence hydrothermal fluid circulation.
• TEMPEST Airborne Electromagnetic System Fixed-wing airborne electromagnetic time-domain system (TDEM) used for regional-scale conductivity data acquisition, aquifer salinity determination, and subsurface geological mapping for mineral exploration.
• Midas Ultra-High Resolution Magnetic System Ultra-high resolution magnetic system for detecting orphaned or abandoned wells that could serve as leak paths in CO2 storage applications and for detailed geological mapping.
• RESOLVE Airborne Electromagnetic System Airborne electromagnetic system capable of modelling shallow reservoir resistivity changes for onshore applications including CO2 storage characterization and mineral exploration.
• HMAS Raman LiDAR System Raman LiDAR system for airborne measurement of near-surface gas concentrations including methane, ammonia, and hydrogen, designed to distinguish specific gas signatures and support quantitative concentration mapping for fugitive emissions detection.
• Airborne Geophysics Survey Services End-to-end airborne geophysical survey services using specialized aircraft equipped with proprietary sensors, covering data acquisition, processing, interpretation, and management for mineral exploration, natural resource mapping, and environmental assessment over land and water.
• CO2 Storage Assessment Geological storage characterization and assessment methodology integrating hydrogeological, geological, and geophysical data for identifying prospective CO2 storage sites in depleted oil and gas reservoirs, saline aquifers, and other geological formations.
• Geothermal Smart Management Airborne geophysical solution providing efficient high-resolution mapping of sub-surface geothermal geology and structures to assess geothermal potential, inform exploration decisions, and prioritize de-risking of geothermal resources.

Quantifiable outcome

• GREENMETALS MAPPING platform expected to reduce early-stage exploration timelines by 30% and improve targeting accuracy by over 25%
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature10 records

Partnerships

Ten partnerships are on record, tiered strategic, minor and core.

• DronamicsstrategicTechnology or Integration · 1 June 2026Partnership to develop unmanned aerial geophysics solution integrating Xcalibur's airborne geophysical acquisition system for magnetometry and gravity with Dronamics' Black Swan unmanned aircraft platform. Enables survey operations in areas currently inaccessible or too hazardous for conventional crewed aircraft. Initial trial program planned for late 2026.
• CloudlinestrategicTechnology or Integration · 1 May 2026Collaboration to trial Xcalibur's HMAS Raman LiDAR system for airborne measurement of near-surface gas concentrations using Cloudline's lighter-than-air airship platform. Focus on detecting methane, ammonia, and hydrogen fugitive emissions. Trial program through Q3 2026.
• GREENMETALS MAPPING ConsortiumstrategicStrategic or Co-development Partner · 1 May 2026European consortium led by Xcalibur Smart Mapping (industry) alongside IST-ID/CERENA (academia), and institutional partners ISPRA (Italy) and IGME-CSIC (Spain), with strategic guidance from EuroGeoSurveys and Eurometaux. Awarded by EIT RawMaterials. Aligned with Critical Raw Materials Act (CRMA) and European Green Deal.
• IDM (Mauritania)minorChannel Partner/ Reseller/ Distributor · 1 April 2026Local partner in Mauritania represented by CEO Hadrami Taleb Bouya. Partnership for magnetic survey program for Archaean Minerals between Australian and Mauritanian mining companies. Aircraft arrived at Nouadhibou airport for survey operations.
• Serviço Geológico do Brasil (SGB/CPRM)coreStrategic or Co-development Partner · 2 March 2026Second geophysical data acquisition contract under Ata de Registro de Preços framework. Covers 27,000 linear kilometres across Eastern Goiás for magnetometry, gamma-ray spectrometry and gravimetry data over up to 250 days. Partnership reflects trust built over time with SGB/CPRM team.
• EMerald GeomodellingcoreStrategic or Co-development Partner · 1 March 2026Acquisition of EMerald Geomodelling, a technology company specialized in advanced geotechnology integrating data through Machine Learning. Spin-off from Norwegian Geotechnical Institute with 10+ years experience. Strengthens Group's engineering capabilities for infrastructure planning, tunnelling, hydropower and environmental fields. Brings 6 professionals and offices in Oslo and Brazil.
• Norwegian Geotechnical Institute (NGI)minorStrategic or Co-development Partner · 1 March 2026EMerald Geomodelling was spun out of NGI six years ago. NGI's Board Director Kristoffer Skjolden Skau commented on the acquisition, noting the technology should grow globally through Xcalibur's network and operations.
• KoBold MetalsstrategicStrategic or Co-development Partner · 1 January 2026Partnership with U.S.-based KoBold Metals for AI-driven exploration at the Mingomba Lithium Mine in DRC. AI-enabled exploration could reduce resource discovery timelines to under three years and unlock 90% of country's geology. Part of Africa's strategy to capitalize on critical minerals.
• Terratec Geophysical Services NamibiaminorChannel Partner/ Reseller/ Distributor · 1 January 2026Partnership with Terratec Geophysical Services Namibia for geophysical surveys on Erongo uranium projects. Conducted HLEM work alongside magnetic and radiometric airborne mapping covering more than 12,000 line kilometres.
• Stanford MineralXstrategicStrategic or Co-development Partner · 1 January 2026Collaborative research partnership developing new approaches to automatically identify exploration targets by recognizing geophysical patterns associated with known mineral deposits using AI and machine learning.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CGG: CGG is a global geoscience company providing geophysical data acquisition, imaging, and reservoir characterization services to mining, oil & gas, and environmental markets. It is the most direct full-service peer to Xcalibur in subsurface imaging and multi-client data libraries.
• TGS: TGS provides multi-client geophysical data, imaging, and intelligence libraries across energy and mining. Its data-library model and global subsurface data footprint closely resemble Xcalibur's emerging XENAI Earth Intelligence offering.
• PGS (Petroleum Geo-Services): PGS operates a global marine and land geophysical acquisition fleet and data library. While primarily offshore-focused, it competes in airborne and terrestrial acquisition services and shares the asset-heavy, multi-client data model.
• Sander Geophysics: Sander Geophysics is one of the largest independent airborne geophysical survey companies, operating fixed-wing magnetic, electromagnetic, and radiometric systems worldwide. It directly competes with Xcalibur's HeliTEM, FALCON, and TEMPEST services in government and mining tenders.
• SkyTEM ApS: SkyTEM designs and operates helicopter-borne time-domain electromagnetic systems for groundwater, mineral, and geotechnical surveys. Its HeliTEM-style platform and survey workflow directly overlap with Xcalibur's flagship HeliTEM airborne EM service.
• Geotech Ltd. Geotech manufactures and operates airborne electromagnetic, magnetic, and radiometric systems, including the VTEM family. It competes head-to-head with Xcalibur in mineral exploration and government airborne survey tenders globally.

Broad incumbents

• Fugro: Fugro is a global site characterization and asset integrity services company with airborne, marine, and land geophysical capabilities for infrastructure, energy, and mining clients. It is a broader incumbent whose geophysical division overlaps with Xcalibur's survey services.
• SLB (Schlumberger) - WesternGeco: SLB's WesternGeco division provides seismic acquisition and geoscience services to the energy industry. As a much larger diversified oilfield services incumbent, it competes for large-scale survey and interpretation mandates that overlap with Xcalibur's energy-transition offerings.

Emerging players

• KoBold Metals: KoBold Metals is an AI-driven mineral exploration company using machine learning on geological, geophysical, and satellite data to identify new deposits. It is an Xcalibur partner on the Mingomba lithium project but represents the emerging AI-native competitor model in mineral exploration.

Others

• Rio Tinto Exploration (Kisanfu / autonomous exploration): Rio Tinto has been investing heavily in autonomous drilling, aerial sensing, and AI-driven exploration technologies. While primarily a mining major rather than a service provider, its internal capabilities could one day substitute for third-party airborne surveys.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@XcaliburSmartMapping
• LinkedInlinkedin.com/company/xcalibursmartmapping

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xcalibur