AQN Price sensitive 4 May 2026, 8:15 AM

Technology and Products Update

Aquirian Ltd

Aquirian Expands Technology and Product Reach

Key points

  • Increased international distribution of Collar Keeper System products
  • Automated Collar Keeper System deployed on first Drillforce drill rig
  • Biodegradable Collar Keeper product receives first commercial order

Full summary

Aquirian Limited (ASX: AQN) provides an update on its technology and products portfolio, highlighting expanded international distribution of products, increased availability of Manual Collar Keeper System ('CKS') on Original Equipment Manufacturers ('OEM') rigs, and continued advancement of its Biodegradable Collar Keeper. The company has completed three commercial deliveries of Collar Keeper products into its regional distribution partner for Zambia and the Democratic Republic of Congo, and negotiations for a new distribution channel across Chile and Peru are nearing completion. The CKS is now available on three OEM rigs including Epiroc, Sandvik and Hyundai Everdigm, significantly lowering barriers to adoption. The Automated Collar Keeper System has been fitted to the first Drillforce WA Pty Ltd ('Drillforce') T45 drill rig, which is the first of three to be fitted with the automated 'in-cab' operation and mobilised for the Brightstar Resources Limited (ASX:BTR) Lord Byron project. The Biodegradable Collar Keeper is progressing well, with the first small-scale commercial order received from a long-term client in the Pilbara, with delivery and field deployment expected in the coming weeks.

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