MONTE and Xcalibur Multiphysics Announce Partnership to Retrofit Aircraft to Zero Emission Propulsion

MONTE is pleased to announce that it has signed an agreement with Xcalibur Multiphysics Group (“Xcalibur”) to explore the conversion of Xcalibur’s' fleet to zero emission propulsion technologies. Under this agreement, Xcalibur will exclusively work with MONTE to identify the most suitable zero emission propulsion technology for their operations and we will then offer financing for the conversion of their fleet once this technology is approved and certified. Xcalibur are committed to introducing zero emission aircraft across their global operations and we are extremely excited to work with them on this journey!  
 
Xcalibur is a worldwide leading airborne and marine geophysics services provider, offering a diverse range of geophysical survey services such as fixed- and rotary-wing airborne Gradient Magnetic and Radiometric, Electromagnetic, Gravity & Gravity Gradiometry Surveys, as well as marine gravity. Xcalibur operates a fleet of 25 fixed and rotary wing aircraft including Cessna Grand Caravans, Air Tractors AT502 & AT504 and Pacific Aerospace PAC-750s, which will be increased to 40 aircraft by the end of 2023. These aircraft serve a diverse client base which includes Governments, Oil&Gas companies, Mining companies, Energy companies and utilities.