Epiroc invests in mining business5 November 2018
US – Epiroc Drilling Solutions announced October 30 it has acquired part of ASI Mining, LLC, a U.S.-based company that provides technology solutions for the autonomous operation of mining vehicles.
Epiroc has acquired 34 per cent of ASI Mining, which is based in Mendon, Utah, and is a subsidiary of Autonomous Solutions Inc. Its products include on-board hardware and software that convert vehicles to autonomous operation, as well as system level software platforms for command and control of autonomous fleets across various mining applications. The solutions integrate with various mobile mining equipment, regardless of make or model, and are used by mining customers globally. The business is estimated to have revenues in 2018 of more than USD 6M.
“We believe in the ASI Mining vision and the benefits they can bring to the mining community,” said Jose Manuel Sanchez, President of Drilling Solutions at Epiroc. “We’re excited about the potential that can be realized through the ASI products and Epiroc global footprint in mining.”