Stockholm Precision Tools (SPT), an international specialist in the design and manufacturing of high-precision directional survey tools for mineral exploration, has signed a distribution agreement with the Namibian-based terratec Geophysical Services, which specialises in geophysical services for the mining industry.

The strategic alliance marks a significant step in SPT's international expansion across the African continent, where it is committed to promoting more efficient, responsible, and sustainability-driven mining operations.

Under the agreement, terratec Namibia becomes the official distributor of SPT's full portfolio of precision tools in Namibia. This includes access to advanced solutions such as the Polestar Aligner, GyroMaster, CoreMaster, and StructMaster, among others.

Namibia represents a strategic market with vast potential

"We are excited to partner with terratec Namibia at a pivotal moment for Africa's mining industry. Namibia represents a strategic market with vast potential, and this alliance will allow us to bring our precision solutions to a region that is actively investing in sustainability and innovation," Orlando Ramírez, CEO and founder of Stockholm Precision Tools, said.

From terratec Namibia's side, the opportunity to deploy cutting-edge technology on the ground is also met with enthusiasm, as Klaus Brauch, managing member of terratec Geophysical Services Namibia cc, explained: "We are pleased to announce the integration of SPT Tools into our service offerings. This development marks a significant step forward in enhancing the efficiency and precision of geotechnical investigations in Namibia."