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Krux Analytics | Leading partner of IMDEX

In 2023, IMDEX acquired a 2023 interest in Krux Analytics. The partnership combines IMDEX drilling tools with Krux real-time analytics. Customers gain faster decisions, reduced manual work, and improved accuracy. Both companies plan global expansion and new software to advance data-driven drilling operations.

May 1, 2023

Partnering to Fuel a Data-Driven Mining Revolution

In early 2023, mining‑tech leader IMDEX (ASX: IMD) announced a strategic investment to acquire a 40% stake in Krux Analytics, marking a pivotal moment in drilling innovation, and the history of Krux Analytics. With a representative joining Krux’s board, the deal set the stage for close collaboration, including a path to full ownership within three years. The investment also accelerated Krux Analytics growth and technology development.

Why This Matters

IMDEX equips drillers with hardware, sensors, and optimization tools, while Krux excels in real-time drilling analytics - turning raw data into actionable insights. By joining forces, Krux and IMDEX aim to unify drilling data capture, analysis, and dashboarding - empowering users to drill smarter, reduce waste, and increase productivity. Essentially, the partnership paves the way to digital drilling and seamless integrations.

What’s Next?

IMDEX and Krux plan to accelerate new software development while executing a three-year option to acquire the remaining 60% stake. IMDEX brings cloud-connected sensors and growth globally, while Krux offers strong global footprint, especially in North America - together enabling a truly global drilling-analytics footprint.

The Bigger Picture

This partnership signals a shift from manual, disconnected data workflows to real-time, predictive, and automated drilling operations. Drillers now benefit from one integrated platform, offering continuous monitoring, smarter decision-making, and measurable returns.

As IMDEX and Krux deepen their integration, the industry is poised for a wave of sustainable productivity and data-driven transformation.

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The IMDEX x Krux partnership will continue to strengthen. Learn more about IMDEX here.

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