Commercialised technology based on X-ray microtomography and data analysis of rocks
Lithicon
Lithicon, previously known as Digitalcore, was originally set up in 2009 by ANU scientists in collaboration with colleagues at UNSW to develop an advanced computational approach to rapidly solving fluid behaviour in oil reservoirs. The basis of this approach is a revolutionary high-resolution 3D imaging technique. FEI also plans to develop new markets outside oil and gas using this imaging technology.
Working closely with some of the world’s biggest resources companies, the technology produces digital 3D images and simulations of fluids in rock samples, giving companies crucial information to help them work out the best way to extract oil and gas.
Sector
Resource Technology
Founder/s
Dr Victor Pantano
Stage
–
Date Invested
2013
Technology
Resource Technoloy
Business Model
–
Last Raise
2018
Open to SCV Co-Investors
No
Fund
Canberra Business Development Fund
Status
Exited