Grasp Drilling has introduced its acquisition of Konec, a pioneering expertise firm specialising in integrating gear with synthetic intelligence (AI) options for the mining sector.
This strategic acquisition aligns with Grasp Drilling’s imaginative and prescient of integrating revolutionary expertise to boost security, effectivity and long-term competitiveness within the trade, it says.
Konec has established itself as a number one innovator in mining expertise, with a major concentrate on built-in AI-driven security options. Its flagship product, an AI-powered anti-collision proximity detection system, has set new requirements in mining security by stopping accidents involving personnel and heavy equipment, Grasp Drilling says. Konec has been a key participant in Chile, efficiently growing, implementing, and validating this expertise for Codelco.
The corporate mentioned: “By integrating Konec into its operations, Grasp Drilling strengthens its place as a forward-thinking chief in mining expertise. Konec now serves as the corporate’s devoted expertise arm, spearheading the event of revolutionary built-in AI-driven options. Along with its anti-collision system, Konec is advancing the mixing of AI-driven imagery and long-range microwave radars right into a collision avoidance system. This breakthrough expertise is poised to turn out to be the brand new benchmark for mining security in Chile and throughout world mining operations.”
Roelof Swanepoel, COO of Grasp Drilling South America, mentioned: “The acquisition of Konec represents a big step in our long-term technique to drive innovation within the mining trade. By combining our experience in drilling with Konec’s cutting-edge built-in AI expertise, we’re enhancing our capability to ship safer, extra environment friendly options to our shoppers in Chile.”
By leveraging built-in AI-powered security and operational options, Grasp Drilling enhances mining effectivity whereas considerably enhancing office security, it says. The combination of Konec’s expertise will contribute to a wiser, extra automated and safer mining setting, Grasp Drilling added.
Luis Piña, CEO of Konec, mentioned: “The union with Grasp Drilling provides us the chance to take our technological options to the subsequent degree, driving digital transformation in mining. Collectively, we are able to enhance security and operational effectivity, opening new potentialities for the way forward for the trade.”
