RMX Selected to Participate in Grant-Funded Initiative to Advance Underground Mining Innovation with CRISP Enabled Remote Loader Technology
The initiative, branded RMX Mining, will leverage the Company's proprietary CRISP platform to enhance tele-remote video capabilities in underground environments. As part of the project, RMX is conducting field trials to test the use of ISM (
This PoC aims to validate and quantify the benefits of the five-meter cycle, a transformative mining method that could redefine efficiency, safety, and productivity in underground operations. By enabling real-time video streaming in challenging conditions, CRISP will play a strategic role in expanding the scope and reliability of remote-controlled machinery.
"We're proud to participate in this grant, which supports RMX's commitment to innovation in sectors where reliable, high-performance video transmission is mission-critical," said
The RMX Mining platform is built upon the Company's proven success in defense and industrial applications and represents a significant step toward digitizing the future of mining.
About RMX
RMX (
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as "intends," "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including the risks described in the risk factors section of the reports and other documents that we file with the
Important Notice Regarding Our Regulation A Offering
An offering statement regarding our offering of units consisting of one share of class A common stock and a warrant to purchase one share of class A common stock has been filed with the
Contact:
Media:
RMX Media Relations
media@rmx.io
Investor Relations:
RMX Investor Relations
ir@rmx.io
View original content to download multimedia:https://www.prnewswire.com/news-releases/rmx-selected-to-participate-in-grant-funded-initiative-to-advance-underground-mining-innovation-with-crisp-enabled-remote-loader-technology-302488728.html
SOURCE