What Corescan does

Corescan is an Australian-developed hyperspectral core imaging technology brand operating as a product line within Epiroc Australia Pty Ltd, part of Epiroc Group (Nasdaq Stockholm). Founded in 2000 and headquartered in Perth with additional operations in Kewdale, Western Australia, Corescan specializes in the scanning, processing, and interpretation of drill cores and rock chips for the mining and geological survey sectors. Its core technology integrates wide-range spectroscopy (VNIR-SWIR-MWIR-LWIR) with high-resolution core photography and 3D laser profiling to deliver automated mineralogical and geotechnical analysis of geological samples.

The product portfolio centers on four core systems: HyLogger4 (the flagship, described as the first-of-its-kind globally), CoreScan (hyperspectral core imaging for mineralogy and geotechnical insights), CorePhoto (versatile core photography and 3D laser profiling), and CoreShed (integrated core imaging with downhole logging). Complementary offerings include the OreSight Downhole Assay Solution (integrated with FastGrade logging) and Geophysical Logging Services for subsurface modeling. The 2025 installation of the HyLogger-4 system at the GSWA Perth Core Library as a replacement for the HyLogger-3 demonstrates active product evolution and high-profile government adoption.

Corescan operates as part of Epiroc's Exploration & Geoscience segment and does not have its own separately disclosed revenue or pricing. Products are sold through Epiroc's global direct sales organization with regional offices in Australia, and the brand is promoted via Epiroc's corporate website, newsroom, customer stories, events, and social channels. The target customer base includes mining companies, exploration geologists, and government geological surveys requiring rapid, high-resolution mineral identification and core analysis for exploration and resource estimation decisions.

Name

Corescan

Legal name

Corescan (brand under Epiroc Australia Pty Ltd)

Website

https://corescan.com.au

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Corescan is an Australian hyperspectral core imaging technology provider, operating as a brand within Epiroc Group. It serves mining companies and government geological surveys with automated drill core analysis combining spectroscopy, photography, and 3D laser profiling.

Ownership category

akta.pro rank

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels1 record

Marketing channels6 records

Core offering

Corescan designs, manufactures, and operates hyperspectral core imaging systems that scan, process, and interpret drill cores and rock chips for the mining and exploration industry. Its portfolio includes the HyLogger-4 rapid hyperspectral profiler (combining VNIR-SWIR-MWIR-LWIR spectroscopy with core photography and 3D laser profiling), CoreScan, CorePhoto, and CoreShed, along with Geophysical Logging Services and OreSight downhole assay solutions for subsurface modeling and ore body characterization.

Product overview

Corescan (an Epiroc company) offers a comprehensive suite of geoscience products for analyzing geological samples including drill cores and rock chips. The product portfolio centers on hyperspectral imaging and core analysis solutions: HyLogger4 provides rapid hyperspectral profiling with wide-range spectroscopy (VNIR-SWIR-MWIR-LWIR) combined with photography and 3D laser profiling; CoreScan delivers hyperspectral core imaging for high-resolution mineralogy and geotechnical insights; CorePhoto offers precise core photography and 3D laser profiling; and CoreShed provides integrated core imaging with downhole logging. Additional offerings include OreSight (automated downhole assay integrated with FastGrade) and Geophysical Logging Services for subsurface modeling. The portfolio ranges from standalone imaging systems to integrated solutions for various geological analysis needs.

Differentiator

Problem solved

Functional benefit

Products and services

• HyLogger-4 Rapid hyperspectral profiling system combining wide-range spectroscopy (VNIR-SWIR-MWIR-LWIR) with core photography and 3D laser profiling for automated mineralogical and geotechnical analysis of drill cores and rock chips. Used by geological surveys and mining companies for exploration and research.
• CoreScan Hyperspectral core imaging system that provides high-resolution mineralogy and geotechnical insights through automated core imaging, targeted at mining exploration and geological research customers.
• CorePhoto Versatile and precise core photography and 3D laser profiling system designed to capture high-precision imaging and core morphology in almost any location, serving geological and mining field operations.
• CoreShed Comprehensive core image and downhole log solution for faster and smarter geological decisions, integrating core imagery with downhole logging data for mining and exploration users.
• Geophysical Logging Services State-of-the-art geophysical logging services that enable detailed sub-surface models to be built for mining and exploration customers.
• OreSight Downhole Assay Solution Automated logging platform fully integrated with the FastGrade logging tool, enabling maximum efficiency and safety in downhole assay operations for mining customers.

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Oxford Instruments: Oxford Instruments produces analytical instruments including X-ray fluorescence, electron microscopes, and spectroscopy tools for materials and geological characterization. It is comparable to Corescan as a specialist instrumentation vendor serving mining and materials laboratories.
• Malvern Panalytical: Malvern Panalytical provides analytical instruments (XRD, XRF, particle sizing) for material characterization. It is comparable to Corescan as a minerals-and-materials analytical instrumentation peer, with overlap in geological and mining-laboratory use cases.
• Thermo Fisher Scientific: Thermo Fisher offers a wide range of analytical laboratory instruments including spectrometers and chromatography systems. It overlaps with Corescan in spectroscopy-based material characterization for industrial and mining applications, but at a much broader portfolio scale.
• Bruker Corporation: Bruker manufactures advanced spectroscopy and material characterization instruments (FTIR, NIR, MS). It is comparable to Corescan as a broader analytical-instrument incumbent serving mining and materials labs, though without Corescan's focus on integrated drill-core scanning workflows.
• SGS SA: SGS provides geological and mining services including core logging, mineralogy, and assay analysis. It is comparable to Corescan's service-side offerings (geophysical logging, ore-grade analysis) for major mining customers globally.

Direct peers

• ALS Limited: ALS is a major testing, inspection and certification company with a Geochemistry division offering mineral assay and core analysis services. It overlaps with Corescan's Geophysical Logging Services and downstream mineralogical analysis offering for the mining sector.
• IMDEX Limited: IMDEX provides drilling-optimization and downhole assay solutions (e.g., REFLEX, AMC, AusSpec) for the mining value chain. It is comparable to Corescan as an Australian-headquartered provider of mineral-exploration instrumentation and analytical services with similar mining customers.
• Specim, Spectral Imaging Ltd. Specim is a Finnish hyperspectral imaging hardware provider whose cameras power many industrial and geological imaging systems. It is a direct technology peer to Corescan in VNIR-SWIR hyperspectral imaging, though Specim sells components rather than integrated drill-core scanning platforms.

Emerging players

• Renishaw plc: Renishaw offers Raman spectroscopy and process control instrumentation used in mining and materials analysis. It is comparable to Corescan in advanced spectroscopy-based mineral characterization, though Renishaw's mining footprint is smaller and more focused on process control than core scanning.

Regional players

• Boart Longyear: Boart Longyear is a global drilling services and equipment provider for mineral exploration. It is comparable to Corescan as a mining-services peer with overlap in exploration workflows, though Boart Longyear is focused on drilling rather than core imaging/analysis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Customer concentration

• Xx.com/corescan
• YouTubeyoutube.com/channel/UCQLTt2pZVLqK1nVhjCopgeQ
• Facebookfacebook.com/epirocgroup
• LinkedInlinkedin.com/company/epiroc
• Instagraminstagram.com/epirocgroup

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Corescan