Home News Xcalibur Smart Mapping, backed by Kartesia Asset Finance (managed by Flexam) and Miralta Credit Opportunities, secures €40 million in funding to expand its aircraft fleet Blog – Analysis and expert opinion 3 MIN. READ Xcalibur Smart Mapping, backed by Kartesia Asset Finance (managed by Flexam) and Miralta Credit Opportunities, secures €40 million in funding to expand its aircraft fleet SHARE Madrid, 14 January 2025 The funds will be allocated to expanding the aircraft fleet, which includes both airplanes and specialized helicopters. The company’s current fleet of 43 aircraft and its use of advanced technology have been instrumental in driving economic development in various regions, solidifying its position as an industry leader. Kartesia Asset Finance (managed by Flexam) and Miralta Credit Opportunities, a company participated by Miraltabank, will provide up to €40 million in funding to Xcalibur Smart Mapping. This investment will enable the company to strengthen its position as a global leader in natural resource mapping. The funds will be used to expand the aircraft fleet, including both airplanes and helicopters. This will allow the company to enhance its capacity to incorporate advanced mapping technologies. It will increase Xcalibur Smart Mapping’s operational and technological capabilities, ensuring more efficient services in the exploration and assessment of key resources such as critical minerals, hydrogen, and geothermal energy – essential elements for a fair energy transition. “This funding not only ensures the optimisation of our current operations but also strengthens our ability to take on new global projects more efficiently. It is a decisive step in achieving our strategic goals and reaffirming our leadership in the international market” said Joaquín López, CEO of Xcalibur Aviation. Xcalibur Aviation is the company within Xcalibur Smart Mapping group responsible for managing the acquisition and availability of aircraft for its subsidiaries. “Flexam is honoured to support the global expansion of Xcalibur Smart Mapping group. This transaction fully matches our investment philosophy which aims at supporting the development of sustainable solutions in energy transition. We look forward to increasing our collaboration with Xcalibur Smart Mapping and our activity in Spain” said Florian de Sigy, Managing Partner at Flexam. “Our objective is to support the growth of Spanish companies through alternative financing. Xcalibur Smart Mapping is a global leader in airborne geophysics, with a competitive technological advantage that allows them to locate and map essential natural resources for the energy transition while minimising environmental impact,” explains Mariano Echeguren, Managing Partner of Miralta Credit Opportunities. < SEE PREVIOUS NEW SEE NEXT NEW > < > Related news Blog – Analysis and expert opinion Einstein-First project: Supporting a brighter future in science education SEE MORE > Blog – Analysis and expert opinion Official Launch of Zambia’s High-Resolution Aerial Geophysical Survey Project SEE MORE > Blog – Analysis and expert opinion Airborne Gravity Data Capture and Geoid Modelling SEE MORE > Announcements Blog – Analysis and expert opinion The power of remote sensing in monitoring land use changes SEE MORE > Blog – Analysis and expert opinion CRMA: why Europe’s raw materials revolution needs Smart data SEE MORE > Blog – Analysis and expert opinion Outlining the danger: the vital role of risk maps in the battle against fires SEE MORE > Blog – Analysis and expert opinion Unveiling advanced techniques: A-DInSAR for terrain deformation detection SEE MORE > Contact us. FILL THE FORM
SHARE Madrid, 14 January 2025 The funds will be allocated to expanding the aircraft fleet, which includes both airplanes and specialized helicopters. The company’s current fleet of 43 aircraft and its use of advanced technology have been instrumental in driving economic development in various regions, solidifying its position as an industry leader. Kartesia Asset Finance (managed by Flexam) and Miralta Credit Opportunities, a company participated by Miraltabank, will provide up to €40 million in funding to Xcalibur Smart Mapping. This investment will enable the company to strengthen its position as a global leader in natural resource mapping. The funds will be used to expand the aircraft fleet, including both airplanes and helicopters. This will allow the company to enhance its capacity to incorporate advanced mapping technologies. It will increase Xcalibur Smart Mapping’s operational and technological capabilities, ensuring more efficient services in the exploration and assessment of key resources such as critical minerals, hydrogen, and geothermal energy – essential elements for a fair energy transition. “This funding not only ensures the optimisation of our current operations but also strengthens our ability to take on new global projects more efficiently. It is a decisive step in achieving our strategic goals and reaffirming our leadership in the international market” said Joaquín López, CEO of Xcalibur Aviation. Xcalibur Aviation is the company within Xcalibur Smart Mapping group responsible for managing the acquisition and availability of aircraft for its subsidiaries. “Flexam is honoured to support the global expansion of Xcalibur Smart Mapping group. This transaction fully matches our investment philosophy which aims at supporting the development of sustainable solutions in energy transition. We look forward to increasing our collaboration with Xcalibur Smart Mapping and our activity in Spain” said Florian de Sigy, Managing Partner at Flexam. “Our objective is to support the growth of Spanish companies through alternative financing. Xcalibur Smart Mapping is a global leader in airborne geophysics, with a competitive technological advantage that allows them to locate and map essential natural resources for the energy transition while minimising environmental impact,” explains Mariano Echeguren, Managing Partner of Miralta Credit Opportunities.
Madrid, 14 January 2025 The funds will be allocated to expanding the aircraft fleet, which includes both airplanes and specialized helicopters. The company’s current fleet of 43 aircraft and its use of advanced technology have been instrumental in driving economic development in various regions, solidifying its position as an industry leader. Kartesia Asset Finance (managed by Flexam) and Miralta Credit Opportunities, a company participated by Miraltabank, will provide up to €40 million in funding to Xcalibur Smart Mapping. This investment will enable the company to strengthen its position as a global leader in natural resource mapping. The funds will be used to expand the aircraft fleet, including both airplanes and helicopters. This will allow the company to enhance its capacity to incorporate advanced mapping technologies. It will increase Xcalibur Smart Mapping’s operational and technological capabilities, ensuring more efficient services in the exploration and assessment of key resources such as critical minerals, hydrogen, and geothermal energy – essential elements for a fair energy transition. “This funding not only ensures the optimisation of our current operations but also strengthens our ability to take on new global projects more efficiently. It is a decisive step in achieving our strategic goals and reaffirming our leadership in the international market” said Joaquín López, CEO of Xcalibur Aviation. Xcalibur Aviation is the company within Xcalibur Smart Mapping group responsible for managing the acquisition and availability of aircraft for its subsidiaries. “Flexam is honoured to support the global expansion of Xcalibur Smart Mapping group. This transaction fully matches our investment philosophy which aims at supporting the development of sustainable solutions in energy transition. We look forward to increasing our collaboration with Xcalibur Smart Mapping and our activity in Spain” said Florian de Sigy, Managing Partner at Flexam. “Our objective is to support the growth of Spanish companies through alternative financing. Xcalibur Smart Mapping is a global leader in airborne geophysics, with a competitive technological advantage that allows them to locate and map essential natural resources for the energy transition while minimising environmental impact,” explains Mariano Echeguren, Managing Partner of Miralta Credit Opportunities.