Novamera
- Company typePrivate
- Founded2019
- HeadquartersMississauga, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Novamera firmographics
Firmographics- Name
- Novamera
- Legal name
- Novamera Inc.
- Website
- https://novamerainc.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Novamera industry classification
Industry- Product category
- Mining Technology
- NAICS
- Support Activities for Mining (213)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)
- akta.pro secondary industries
- Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK), Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA)
Keywords
Where Novamera is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Markets served
Novamera business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Surgical Mining Services Revenue: Novamera earns revenue through Surgical Mining Services Agreements with mining companies, deploying its precision mining technology at client sites. The company receives service fees for technology deployment, engineering, and operational support. Revenue sharing arrangements are also included, with Novamera earning a percentage of production revenue from extracted materials.
- Revenue Share from Production: Under agreements with mining partners, Novamera earns a 5% revenue share from extracted copper and other minerals. This provides ongoing revenue tied to production volumes from sites utilizing the Surgical Mining technology.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Novamera product offering
Product offeringCore offering
Novamera develops and deploys AI-powered Surgical Mining technology that uses advanced imaging, robotic extraction, and real-time steering to enable precision extraction of narrow-vein mineral deposits. The company sells this technology to mining operators via Surgical Mining Services Agreements that bundle the technology with permitting, engineering, implementation, and revenue-sharing arrangements, targeting copper, gold, and rare-earth deposits across North America with reduced environmental footprint and lower upfront capital requirements than conventional mining.
Product overview
Novamera offers a unified Surgical Mining platform that combines AI-powered precision drilling technology with data-driven services for targeted extraction of narrow-vein mineral deposits. The core Surgical Mining Technology platform uses advanced imaging, robotic extraction, and real-time steering to enable precision mining with minimal environmental footprint. This is complemented by Surgical Mining Services that provide turnkey deployment including permitting, engineering, and implementation support. The platform is designed to unlock narrow-vein copper and rare-earth deposits across North America, addressing the projected global copper supply gap while reducing capital requirements compared to conventional mining.
Differentiator
Problem solved
Functional benefit
Products and services
- Surgical Mining Technology AI-powered precision mining technology that uses advanced imaging, robotic extraction, and real-time steering to enable targeted extraction of narrow-vein deposits. The system reduces waste, environmental impact, and capital requirements compared to conventional mining methods, and is offered to mining companies seeking to economically extract copper, gold, and rare-earth deposits.
- Surgical Mining Services
Quantifiable outcome
- Successfully extracted 350 tonnes while exceeding targeted rate of penetration
- +4 more outcomes
Companies that use Novamera
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Novamera technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature3 records
Novamera partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Northstar Gold Corp.coreMaster Project Agreement signed November 2025 for data-driven copper mining pilot at Cam Copper Project in Ontario. Novamera provides its Surgical Mining technology to extract approximately 120,000 tonnes of copper-rich material from Zone 2. Novamera earns 5% revenue share from production. Project valued at approximately $11 million with 31-month pilot phase.
- Micon International LimitedcoreTechnical consulting partner in the consortium with Northstar Gold and DIGITAL providing expertise for the Surgical Mining project deployment at Cam Copper. Supports project evaluation, permitting, and technical report preparation.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Novamera competitors and assessment
Company assessmentBroad incumbents
- Caterpillar Inc. Caterpillar's Cat® MineStar Command platform delivers autonomous hauling, drilling, and dozing at scale. A broad incumbent offering overlapping autonomous-mining capabilities that Novamera targets, but as part of a much larger equipment portfolio.
- Komatsu Ltd. Komatsu's Smart Mining front — including FrontRunner autonomous haulage and Komtrax — competes with Novamera's autonomous extraction vision. A broad incumbent with global reach but focused on large-scale surface mining equipment.
- Hexagon AB (MinePlan): Hexagon's MinePlan and HxGN MineEnterprize platforms provide mine planning, geospatial, and operations software. Comparable to the data-driven geological-modeling layer in Novamera's stack, but as part of Hexagon's much broader industrial software portfolio.
Emerging players
- Maptek: Maptek delivers 3D mine planning, geological modeling, and operational analytics for mining. An emerging specialist player with partial overlap to Novamera's data-driven geological-modeling capability, focused on software rather than robotic extraction.
- Seequent (Bentley Systems): Seequent's Leapfrog and GeoStudio tools enable 3D geological modeling and resource estimation. Comparable to the geological-modeling component of Novamera's Surgical Mining platform, particularly for narrow-vein and structurally complex deposits.
- Corescan (Imago Inc.): Corescan provides hyperspectral core imaging and automated mineralogy services to mining and exploration clients. Highly comparable to the advanced-imaging layer that enables Novamera's precision targeting of narrow-vein mineralization.
Direct peers
- Boart Longyear Group: Boart Longyear is one of the largest integrated drilling services and equipment providers for mineral exploration and production. Comparable to Novamera in offering contracted drilling services to mining operators, though focused on conventional core/RC drilling.
- Major Drilling Group International: Major Drilling is a leading drilling services contractor serving mining and exploration clients worldwide. Comparable to Novamera's services-led model, though without Novamera's AI/robotic precision-mining differentiation.
- Sandvik AB: Sandvik's AutoMine platform offers autonomous underground mining equipment and drilling automation. Directly comparable to Novamera's AI-driven, robotic narrow-vein extraction stack, though Sandvik serves a broader mining-equipment footprint.
- Epiroc AB: Epiroc provides autonomous and semi-autonomous drilling, loading, and haulage solutions for mining. Its Pit Viper and Boomer platforms compete in the same precision-drilling/robotic-extraction category as Novamera's Surgical Mining system.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Novamera social profiles
Digital presenceNovamera financial estimates
Financial estimateRevenue estimate
Valuation estimate
Novamera leadership team
Management profileNumber of profiles
Profiles2 records
Novamera funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Novamera M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Novamera
What does Novamera do?
Novamera develops and deploys AI-powered Surgical Mining technology that uses advanced imaging, robotic extraction, and real-time steering to enable precision extraction of narrow-vein mineral deposits. The company sells this technology to mining operators via Surgical Mining Services Agreements that bundle the technology with permitting, engineering, implementation, and revenue-sharing arrangements, targeting copper, gold, and rare-earth deposits across North America with reduced environmental footprint and lower upfront capital requirements than conventional mining.
Is Novamera a public or private company?
Novamera is a private company. It is classified as venture growth investor backed and is currently operating.
When was Novamera founded?
Novamera was founded in 2019. It employs 11 to 50 people.
Where is Novamera based?
Novamera is headquartered in Mississauga, Canada, in the North America region.
How does Novamera make money?
Two revenue lines are on record. Surgical Mining Services Revenue is the primary driver. The others are revenue Share from Production.
Who are Novamera's main competitors?
Broad incumbents on record are Caterpillar Inc., Komatsu Ltd. and Hexagon AB (MinePlan). Emerging players are Maptek, Seequent (Bentley Systems) and Corescan (Imago Inc.). Direct peers are Boart Longyear Group, Major Drilling Group International, Sandvik AB and Epiroc AB.
Does Novamera have an API?
No public API is recorded for Novamera.
What industry is Novamera in?
Novamera's product category is Mining Technology. Its primary akta.pro industry code is IMAKAKAB, Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger), with a secondary code of IMAKAKAK, Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control). Its NAICS code is 213 and its SIC code is 3532.