Madrid, 3rd March 2025 – Xcalibur Smart Mapping, the global leader in airborne geophysics and remote sensing for natural capital mapping, is excited to announce the acquisition of the interpretation division of Paterson, Grant & Watson Limited (PGW), a Canada-based. This reinforces the growth strategy, significantly enhancing its geophysical interpretation services and expertise.

Xcalibur integrates PGW’s elite interpretation team, boosting its ability to deliver cutting-edge solutions for clients. The addition of these skilled professionals, led by Stephen Reford and his team, will provide crucial leadership in geophysical interpretation, reinforcing Xcalibur’s position as an industry leader. This step also supports the ongoing development of Xcalibur’s AI capabilities, improving process efficiency, optimizing deliverables, and driving continued innovation in interpretation services.

Andrés Blanco, CEO of Xcalibur Smart Mapping, stated: “We welcome PGW’s exceptional interpretation team into the Xcalibur Smart Mapping family. This acquisition strengthens our leadership in regional interpretation and solidifies our commitment to delivering superior value to our clients, in special to governments. By integrating PGW’s expertise, we are not only expanding our service offerings but also enhancing our AI-driven regional interpretation solutions, which are vital to our long-term strategy of value-added data solutions for our clients.”

The acquisition brings Stephen Reford, former Chief Commercial Officer at PGW, into the Xcalibur team. He will assume the position of Senior Geophysicist, Head of Smart Geophysical Interpretation. “We are very pleased to bring the PGW geophysical pedigree to bear across the spectrum of Xcalibur Smart Mapping projects. Peter Tschirhart, Skyler Mallozzi and I look forward to integrating with the Xcalibur interpretation team, to further enhance its quality and efficiency in meeting the clients’ needs. There are numerous opportunities to incorporate emerging technologies in the interpretation workflow, to differentiate Xcalibur Smart Mapping. A good interpretation starts with high quality data. This is a well-established strength of Xcalibur and provides an excellent foundation for next level interpretation”

With this alliance Xcalibur enhances its ability to provide world-class geophysics interpretation services and solutions. Clients can expect a seamless transition with continued excellence in quality, project scope, and development, backed by a team of experts committed to delivering outstanding results.