Developer docs
API playgroundTry for free, no card

Search company profiles

TactEX Industries

Full company profile

uuid0035ncu

Namestring
TactEX Industries
Legal namestring
TactEx Industries
Company typeenum
Private
Founded yearint
2021
Descriptiontext

TactEX Industries is a Canadian diamond drilling equipment manufacturer founded in 2021 and headquartered at a 45,000 sq ft manufacturing facility in Parksville, British Columbia, on Vancouver Island. The company was established by four co-founders — Ben Marks, James Patterson, Matt Conley, and Chris Sutton — who collectively bring over 60 years of experience in drilling-equipment design and fabrication, with direct lineage to Macon Industries' 15 years of custom fabrication for the exploration drilling sector. TactEX designs, fabricates, and assembles its entire product line in-house, supplying modular surface diamond drills and integrated platform configurations to mining and mineral exploration companies, as well as drilling contractors.

The company's core technology is the X-10 modular surface drill system, which integrates with three proprietary platform configurations: the SX-10 skid shack, the TX-10 track-based platform, and the FX-10 heli-portable/fly platform. The X-10 features air-cooled hydraulic pilot controls, CNC-optimized feed frames with zinc-coated rails, integrated interlock safety systems with three emergency-stop buttons and hydraulic function isolation, and a Tier 4 Cummins Turbo Diesel 180 HP engine with 45,000 lbs pull back. A long-stroke variant (X-10 LS) extends feed stroke to 132 inches for deeper drilling. All parts across the product family are built in-house with consistent part numbering, enabling interchangeability between platforms. TactEX also markets supporting equipment — including hydraulic power packs, core baskets, helicopter-portable fly baskets, double-walled fly fuel tanks, mud tanks with mixers, rod sloops, and survival shacks — that complement the drill systems.

TactEX operates an enterprise field sales go-to-market model, capturing customer specifications through a Request a Quote system on its website where prospective buyers select platform (TX/SX/FX), drill model (X-10 or X-10 LS), and project parameters, with a 48-hour response commitment. Revenue derives from two streams: hardware sales of drills, platforms, and support equipment, and an aftermarket 24/7 technical support and maintenance service. Pricing is quote-based and undisclosed publicly. Marketing channels include AME Roundup trade show presence (booth 724/726, Vancouver Convention Center), a company news/blog, a Coring Magazine feature (pages 22-25), and social media engagement on Facebook and Instagram. To date, TactEX has completed and delivered more than 30 drill units and serves customers primarily across North America with stated global ambitions.

Short descriptiontext

TactEX Industries is a Canadian manufacturer of modular diamond drilling equipment, producing the X-10 surface drill and proprietary SX-10, TX-10, and FX-10 platforms for mining and mineral exploration companies and drilling contractors worldwide.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersParksville, Canada
HQ citystring
Parksville
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
diamond core drilling, surface drill rigs, mineral exploration equipment, modular drill platforms, heli-portable drills
Industry2 codes
1Drilling & Rock Excavation Equipment (Rotary/Top-Hammer, Jumbos, Raiseborers)
CodeIMAKANACPrimaryYes
2Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers)
CodeIMAKANAAPrimaryNo
NAICS code2 codes
  • Mining Machinery and Equipment Manufacturing333131
  • Agriculture, Construction, and Mining Machinery Manufacturing3331
SIC code1 code
  • Mining Machinery & Equip (No Oil & Gas Field Mach & Equip)3532
Product category
Diamond Drilling Equipment
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Diamond Drilling Equipment Sales
TypeHardware Sales
Description

TactEx generates revenue through the sale of surface diamond drills (X-10, X-10 Long Stroke), multiple platform configurations (SX-10, TX-10, FX-10), and support equipment including hydraulic power packs, mud tanks, fuel tanks, core baskets, and replacement parts. All products are built in-house with interchangeable parts.

tactexindustries.com
2After-Sales Support and Service
TypeProfessional Services
Description

The company provides 24/7 technical support, field guidance, and comprehensive maintenance programs to ensure customer operations stay productive and compliant. Support services are offered to maximize uptime while minimizing risk.

tactexindustries.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Custom quote-based pricing for surface drills and platforms
ModelOtherBilling cadenceMulti-year contract
Notes

No public pricing available; all pricing is handled through direct quote requests based on specific customer configurations and requirements

tactexindustries.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

TactEX Industries designs, fabricates, and sells modular surface diamond drilling equipment for mineral exploration, anchored by the X-10 and X-10 Long Stroke drill rigs and three proprietary platform configurations (SX-10 skid shack, TX-10 track, FX-10 heli-portable). All parts are manufactured in-house at the company's 45,000 sq ft Vancouver Island facility with interchangeable part numbering across platforms. The product line is complemented by support equipment including hydraulic power packs, mud tanks, fuel tanks, rod handlers, core baskets, fly baskets, and survival shacks.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 30 drills completed and delivered
+2 more records
Product overview1 text field

TactEx Industries offers a modular diamond drilling system built around the X-10 surface drill, which integrates into three proprietary platforms: SX-10 (skid shack), TX-10 (track), and FX-10 (heli-portable/fly). The base X-10 and X-10 Long Stroke variants share interchangeable parts and can be configured for different terrain requirements. The product line includes comprehensive support equipment including hydraulic power packs, fuel systems, mud management, rod handling equipment, and survival shelters. All components are manufactured in-house at the company's 45,000 sq ft facility on Vancouver Island, BC, enabling rapid customization and quality control. The company also offers core baskets for sample handling and various specialized equipment for helicopter-portable operations.

Product and service17 records
1X-10 Surface Drill
CategorySurface diamond drill
Description

Base model surface diamond drill featuring air-cooled hydraulics, 24-inch mast dump, Tier 4 Cummins Turbo Diesel 180 HP engine, 45,000 lbs pull back, 72-inch feed stroke, and modular design for integration with fly, shack, and track platforms. Designed for mineral exploration drilling contractors.

2X-10 Long Stroke
CategorySurface diamond drill
Description

Enhanced X-10 variant with 132-inch feed stroke, telescopic tower, double sheave system, 48-inch mast dump, and 20-foot rod pull capability for deeper drilling applications. Built for exploration companies requiring longer stroke performance.

3SX-10 Skid Shack Platform
CategoryDrill platform
Description

Turn-key skid shack platform with hydraulic slide-out helpers, leveling cylinders with serrated dozer teeth, integrated drill mounts, reinforced skidbase with heavy wall tube skids, AVD rod handler, hydraulic tilt rod rack, 250L fuel tank, and 1,700m NQ rod capacity for exploration drilling.

4TX-10 Track Platform
CategoryDrill platform
Description

Track-based platform powered by drill engine hydraulics featuring 312 steel cat track system, hydraulic leveling cylinders with 36-inch travel, remote wireless operation, drop-down walkways, and optional 20,000 lb hydraulic recovery winch for difficult terrain exploration.

5FX-10 Heli-Portable Fly Platform
CategoryDrill platform
Description

Heli-portable platform with integrated fly design featuring certified lifting locations, heli plate combining wireline and mast dump assemblies, AVD rod handling system, 500L certified fly fuel system, 1,600m NQ rod capacity, and ability to break down into 2,200 lb picks for remote helicopter-supported operations.

6Hydraulic Power Pack
CategorySupport equipment
Description

Advanced hydraulic pack for seamless integration across all multi-terrain platforms, featuring precision-formed powder-coated aluminum construction, hydraulic pilot controls, synchronized or manual chuck and rod clamp operation, three emergency-stop buttons, interlock safety switch, and hydraulic function isolation.

7Core Baskets
CategorySupport equipment
Description

Core sample transport solution featuring secure cushioned environment for core samples, dual-purpose design for carrying core and supplies, and a drop gate for easy handling and orientation during helicopter operations.

8Helicopter Portable Fly Baskets
CategorySupport equipment
Description

Certified fly basket configurations available in steel or aluminum for helicopter transport of equipment and supplies to remote drilling sites.

9Fly Fuel Tanks
CategorySupport equipment
Description

Double-walled fuel tanks with certified lifting frames designed to mitigate spills during helicopter-portable operations.

10Four Person Survival Shacks
CategorySupport equipment
Description

Survival shelters designed to keep field crews safe in remote drilling locations.

11Mud Tank with Mixer
CategorySupport equipment
Description

Lightweight mud tanks with integrated mixer for managing drilling fluids on site.

12Heavy Duty Drill Shack
CategorySupport equipment
Description

Heavy-duty shack featuring frame design that can mount rod handler and rack for enhanced drilling operations.

13Rod Sloops
CategorySupport equipment
Description

Equipment for faster and safer rod movement, holding 3,500 feet of NQ drill rod.

14Pump Shack
CategorySupport equipment
Description

Pump enclosure with steel skid base and clamp system for easy removal and transport.

15Heli Portable H Frame
CategorySupport equipment
Description

Support structure for heli-portable fly jobs that eliminates the need for separate engine and power pack skid.

16Helicopter Portable Fly Shack
CategorySupport equipment
Description

Fly shack with interchangeable wall panels and bolted design for helicopter-portable applications.

17Pressure/Mud Pump
CategorySupport equipment
Description

Pump equipment to ensure continuous flow of water for drilling operations.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

TactEx Industries emerged from Macon Industries, which had 15 years of success in custom fabrication for the exploration drilling industry. The founders collectively have over 60 years of experience in design and fabrication from Macon Industries, leading organizations, and challenging environments. TactEx operates from a 45,000 square foot facility continuing the legacy of Macon Industries' expertise in diamond drilling equipment manufacturing.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Smaller regional OEM/distributor of drilling consumables and small rigs often cited in the Western Canadian exploration ecosystem. Comparable as a local alternative supplier serving overlapping exploration customers.

TypeDirect peer
Description

Global leader in mineral exploration diamond core drilling services and equipment manufacturing. Directly comparable as the dominant supplier of surface diamond drills, with overlapping modular platform concepts and a shared exploration-focused customer base.

TypeDirect peer
Description

Manufacturer of modular diamond core drills and heli-portable drilling platforms serving the Canadian exploration market. Direct competitor in the same modular drill category TactEx targets.

TypeDirect peer
Description

Canadian manufacturer of drilling rigs and specialized industrial equipment with deep mining and exploration exposure. Comparable as a niche-focused, custom-built drill OEM serving similar northern and remote exploration customers.

TypeBroad incumbent
Description

Major mining equipment OEM with surface diamond drill lines and a global dealer/service network. Overlaps directly with TactEx in exploration core drilling but serves a much broader customer base.

TypeDirect peer
Description

One of the world's largest specialty diamond drilling contractors, a key buyer of surface drill rigs. TactEx's X-10 platform competes for inclusion in Major Drilling's fleet as well as its contractors' equipment refresh decisions.

TypeBroad incumbent
Description

Large global mining and infrastructure equipment manufacturer offering surface diamond drill rigs (e.g., Christensen) and a broad equipment portfolio. Competes with TactEx in exploration drilling while operating across a much wider product range.

TypeBroad incumbent
Description

Diversified industrial equipment conglomerate whose exploration-drilling products (now part of Epiroc) historically competed head-to-head with emerging diamond drill OEMs. Relevant incumbent comparison for procurement-side benchmarking.

TypeDirect peer
Description

Manufacturer of mobile drilling rigs for mining, exploration, water well, and geothermal applications. Comparable product category and exploration/mining end market, with similar mid-sized OEM economics.

10DMAC Equipment
TypeEmerging player
Description

Emerging Canadian-based drilling and exploration support equipment provider focused on modular, remote-portable solutions. Comparable early-stage peer chasing similar modernization and heli-portable niches.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

TactEX Industries

Diamond Drilling Equipmenttactexindustries.com

TactEX Industries is a Canadian manufacturer of modular diamond drilling equipment, producing the X-10 surface drill and proprietary SX-10, TX-10, and FX-10 platforms for mining and mineral exploration companies and drilling contractors worldwide.

What TactEX Industries does

TactEX Industries is a Canadian diamond drilling equipment manufacturer founded in 2021 and headquartered at a 45,000 sq ft manufacturing facility in Parksville, British Columbia, on Vancouver Island. The company was established by four co-founders — Ben Marks, James Patterson, Matt Conley, and Chris Sutton — who collectively bring over 60 years of experience in drilling-equipment design and fabrication, with direct lineage to Macon Industries' 15 years of custom fabrication for the exploration drilling sector. TactEX designs, fabricates, and assembles its entire product line in-house, supplying modular surface diamond drills and integrated platform configurations to mining and mineral exploration companies, as well as drilling contractors.

The company's core technology is the X-10 modular surface drill system, which integrates with three proprietary platform configurations: the SX-10 skid shack, the TX-10 track-based platform, and the FX-10 heli-portable/fly platform. The X-10 features air-cooled hydraulic pilot controls, CNC-optimized feed frames with zinc-coated rails, integrated interlock safety systems with three emergency-stop buttons and hydraulic function isolation, and a Tier 4 Cummins Turbo Diesel 180 HP engine with 45,000 lbs pull back. A long-stroke variant (X-10 LS) extends feed stroke to 132 inches for deeper drilling. All parts across the product family are built in-house with consistent part numbering, enabling interchangeability between platforms. TactEX also markets supporting equipment — including hydraulic power packs, core baskets, helicopter-portable fly baskets, double-walled fly fuel tanks, mud tanks with mixers, rod sloops, and survival shacks — that complement the drill systems.

TactEX operates an enterprise field sales go-to-market model, capturing customer specifications through a Request a Quote system on its website where prospective buyers select platform (TX/SX/FX), drill model (X-10 or X-10 LS), and project parameters, with a 48-hour response commitment. Revenue derives from two streams: hardware sales of drills, platforms, and support equipment, and an aftermarket 24/7 technical support and maintenance service. Pricing is quote-based and undisclosed publicly. Marketing channels include AME Roundup trade show presence (booth 724/726, Vancouver Convention Center), a company news/blog, a Coring Magazine feature (pages 22-25), and social media engagement on Facebook and Instagram. To date, TactEX has completed and delivered more than 30 drill units and serves customers primarily across North America with stated global ambitions.

TactEX Industries firmographics

Firmographics
Name
TactEX Industries
Legal name
TactEx Industries
Website
https://tactexindustries.com
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
11–50 employees
Short description
TactEX Industries is a Canadian manufacturer of modular diamond drilling equipment, producing the X-10 surface drill and proprietary SX-10, TX-10, and FX-10 platforms for mining and mineral exploration companies and drilling contractors worldwide.
Ownership category
akta.pro rank

TactEX Industries industry classification

Industry
Product category
Diamond Drilling Equipment
NAICS
Mining Machinery and Equipment Manufacturing (333131), Agriculture, Construction, and Mining Machinery Manufacturing (3331)
SIC
Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
akta.pro primary industry
Drilling & Rock Excavation Equipment (Rotary/Top-Hammer, Jumbos, Raiseborers) (IMAKANAC)
akta.pro secondary industry
Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA)

Keywords

  • Diamond core drilling
  • Surface drill rigs
  • Mineral exploration equipment
  • Modular drill platforms
  • Heli-portable drills

Where TactEX Industries is headquartered

Location

Headquarters

HQ city
Parksville
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

TactEX Industries business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Diamond Drilling Equipment Sales: TactEx generates revenue through the sale of surface diamond drills (X-10, X-10 Long Stroke), multiple platform configurations (SX-10, TX-10, FX-10), and support equipment including hydraulic power packs, mud tanks, fuel tanks, core baskets, and replacement parts. All products are built in-house with interchangeable parts.
  2. After-Sales Support and Service: The company provides 24/7 technical support, field guidance, and comprehensive maintenance programs to ensure customer operations stay productive and compliant. Support services are offered to maximize uptime while minimizing risk.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom quote-based pricing for surface drills and platforms

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

TactEX Industries product offering

Product offering

Core offering

TactEX Industries designs, fabricates, and sells modular surface diamond drilling equipment for mineral exploration, anchored by the X-10 and X-10 Long Stroke drill rigs and three proprietary platform configurations (SX-10 skid shack, TX-10 track, FX-10 heli-portable). All parts are manufactured in-house at the company's 45,000 sq ft Vancouver Island facility with interchangeable part numbering across platforms. The product line is complemented by support equipment including hydraulic power packs, mud tanks, fuel tanks, rod handlers, core baskets, fly baskets, and survival shacks.

Product overview

TactEx Industries offers a modular diamond drilling system built around the X-10 surface drill, which integrates into three proprietary platforms: SX-10 (skid shack), TX-10 (track), and FX-10 (heli-portable/fly). The base X-10 and X-10 Long Stroke variants share interchangeable parts and can be configured for different terrain requirements. The product line includes comprehensive support equipment including hydraulic power packs, fuel systems, mud management, rod handling equipment, and survival shelters. All components are manufactured in-house at the company's 45,000 sq ft facility on Vancouver Island, BC, enabling rapid customization and quality control. The company also offers core baskets for sample handling and various specialized equipment for helicopter-portable operations.

Differentiator

Problem solved

Functional benefit

Products and services

  • X-10 Surface Drill Base model surface diamond drill featuring air-cooled hydraulics, 24-inch mast dump, Tier 4 Cummins Turbo Diesel 180 HP engine, 45,000 lbs pull back, 72-inch feed stroke, and modular design for integration with fly, shack, and track platforms. Designed for mineral exploration drilling contractors.
  • X-10 Long Stroke Enhanced X-10 variant with 132-inch feed stroke, telescopic tower, double sheave system, 48-inch mast dump, and 20-foot rod pull capability for deeper drilling applications. Built for exploration companies requiring longer stroke performance.
  • SX-10 Skid Shack Platform Turn-key skid shack platform with hydraulic slide-out helpers, leveling cylinders with serrated dozer teeth, integrated drill mounts, reinforced skidbase with heavy wall tube skids, AVD rod handler, hydraulic tilt rod rack, 250L fuel tank, and 1,700m NQ rod capacity for exploration drilling.
  • TX-10 Track Platform Track-based platform powered by drill engine hydraulics featuring 312 steel cat track system, hydraulic leveling cylinders with 36-inch travel, remote wireless operation, drop-down walkways, and optional 20,000 lb hydraulic recovery winch for difficult terrain exploration.
  • FX-10 Heli-Portable Fly Platform Heli-portable platform with integrated fly design featuring certified lifting locations, heli plate combining wireline and mast dump assemblies, AVD rod handling system, 500L certified fly fuel system, 1,600m NQ rod capacity, and ability to break down into 2,200 lb picks for remote helicopter-supported operations.
  • Hydraulic Power Pack Advanced hydraulic pack for seamless integration across all multi-terrain platforms, featuring precision-formed powder-coated aluminum construction, hydraulic pilot controls, synchronized or manual chuck and rod clamp operation, three emergency-stop buttons, interlock safety switch, and hydraulic function isolation.
  • Core Baskets Core sample transport solution featuring secure cushioned environment for core samples, dual-purpose design for carrying core and supplies, and a drop gate for easy handling and orientation during helicopter operations.
  • Helicopter Portable Fly Baskets Certified fly basket configurations available in steel or aluminum for helicopter transport of equipment and supplies to remote drilling sites.
  • Fly Fuel Tanks Double-walled fuel tanks with certified lifting frames designed to mitigate spills during helicopter-portable operations.
  • Four Person Survival Shacks Survival shelters designed to keep field crews safe in remote drilling locations.
  • Mud Tank with Mixer Lightweight mud tanks with integrated mixer for managing drilling fluids on site.
  • Heavy Duty Drill Shack Heavy-duty shack featuring frame design that can mount rod handler and rack for enhanced drilling operations.
  • Rod Sloops Equipment for faster and safer rod movement, holding 3,500 feet of NQ drill rod.
  • Pump Shack Pump enclosure with steel skid base and clamp system for easy removal and transport.
  • Heli Portable H Frame Support structure for heli-portable fly jobs that eliminates the need for separate engine and power pack skid.
  • Helicopter Portable Fly Shack Fly shack with interchangeable wall panels and bolted design for helicopter-portable applications.
  • Pressure/Mud Pump Pump equipment to ensure continuous flow of water for drilling operations.

Quantifiable outcome

  • Over 30 drills completed and delivered
  • +2 more outcomes

Companies that use TactEX Industries

Customer profile

Segments3 records

Ideal customer profiles3 records

TactEX Industries technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

TactEX Industries partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Macon IndustriescoreStrategic or Co-development Partner · 1 January 2021TactEx Industries emerged from Macon Industries, which had 15 years of success in custom fabrication for the exploration drilling industry. The founders collectively have over 60 years of experience in design and fabrication from Macon Industries, leading organizations, and challenging environments. TactEx operates from a 45,000 square foot facility continuing the legacy of Macon Industries' expertise in diamond drilling equipment manufacturing.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

TactEX Industries competitors and assessment

Company assessment

Regional players

  • DrillCorp Tools & Equipment: Smaller regional OEM/distributor of drilling consumables and small rigs often cited in the Western Canadian exploration ecosystem. Comparable as a local alternative supplier serving overlapping exploration customers.

Direct peers

  • Boart Longyear: Global leader in mineral exploration diamond core drilling services and equipment manufacturing. Directly comparable as the dominant supplier of surface diamond drills, with overlapping modular platform concepts and a shared exploration-focused customer base.
  • Hydracore Drills: Manufacturer of modular diamond core drills and heli-portable drilling platforms serving the Canadian exploration market. Direct competitor in the same modular drill category TactEx targets.
  • Foremost Industries: Canadian manufacturer of drilling rigs and specialized industrial equipment with deep mining and exploration exposure. Comparable as a niche-focused, custom-built drill OEM serving similar northern and remote exploration customers.
  • Major Drilling Group International: One of the world's largest specialty diamond drilling contractors, a key buyer of surface drill rigs. TactEx's X-10 platform competes for inclusion in Major Drilling's fleet as well as its contractors' equipment refresh decisions.
  • Schramm Inc. Manufacturer of mobile drilling rigs for mining, exploration, water well, and geothermal applications. Comparable product category and exploration/mining end market, with similar mid-sized OEM economics.

Broad incumbents

  • Sandvik Mining and Rock Solutions: Major mining equipment OEM with surface diamond drill lines and a global dealer/service network. Overlaps directly with TactEx in exploration core drilling but serves a much broader customer base.
  • Epiroc: Large global mining and infrastructure equipment manufacturer offering surface diamond drill rigs (e.g., Christensen) and a broad equipment portfolio. Competes with TactEx in exploration drilling while operating across a much wider product range.
  • Atlas Copco (legacy Power Technique): Diversified industrial equipment conglomerate whose exploration-drilling products (now part of Epiroc) historically competed head-to-head with emerging diamond drill OEMs. Relevant incumbent comparison for procurement-side benchmarking.

Emerging players

  • DMAC Equipment: Emerging Canadian-based drilling and exploration support equipment provider focused on modular, remote-portable solutions. Comparable early-stage peer chasing similar modernization and heli-portable niches.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

TactEX Industries social profiles

Digital presence

TactEX Industries financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TactEX Industries leadership team

Management profile

Number of profiles

Profiles4 records

TactEX Industries funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

TactEX Industries M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about TactEX Industries

What does TactEX Industries do?

TactEX Industries designs, fabricates, and sells modular surface diamond drilling equipment for mineral exploration, anchored by the X-10 and X-10 Long Stroke drill rigs and three proprietary platform configurations (SX-10 skid shack, TX-10 track, FX-10 heli-portable). All parts are manufactured in-house at the company's 45,000 sq ft Vancouver Island facility with interchangeable part numbering across platforms. The product line is complemented by support equipment including hydraulic power packs, mud tanks, fuel tanks, rod handlers, core baskets, fly baskets, and survival shacks.

Is TactEX Industries a public or private company?

TactEX Industries is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was TactEX Industries founded?

TactEX Industries was founded in 2021. It employs 11 to 50 people.

Where is TactEX Industries based?

TactEX Industries is headquartered in Parksville, Canada, in the North America region.

How does TactEX Industries make money?

Two revenue lines are on record. Diamond Drilling Equipment Sales are the primary driver. The others are after-Sales Support and Service.

Who are TactEX Industries's main competitors?

DrillCorp Tools & Equipment is listed as a regional player. Direct peers are Boart Longyear, Hydracore Drills, Foremost Industries, Major Drilling Group International and Schramm Inc.. Broad incumbents are Sandvik Mining and Rock Solutions, Epiroc and Atlas Copco (legacy Power Technique). DMAC Equipment is listed as an emerging player.

Does TactEX Industries have an API?

No public API is recorded for TactEX Industries.

What industry is TactEX Industries in?

TactEX Industries's product category is Diamond Drilling Equipment. Its primary akta.pro industry code is IMAKANAC, Drilling & Rock Excavation Equipment (Rotary/Top-Hammer, Jumbos, Raiseborers), with a secondary code of IMAKANAA, Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers). Its NAICS code is 333131 and its SIC code is 3532.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales