Israeli technology startup ASTERRA is now using its satellite-image analysis software to locate lithium deposits below the Earth’s surface. The original purpose of the software was to locate underground water deposits. Lithium is a vital component for use in electric vehicles, semiconductors, chips, cell phones — anywhere batteries are needed. ASTERRA has registered a patent for the new use of its technology in finding lithium reservoirs around the world.
— The Jerusalem Post
Quote: “Part of the increased interest in lithium comes as a result of national programs from China, the US, and the European Union to promote the sale of electric vehicles, as they are significantly less polluting than their internal combustion counterparts. On that note, more available lithium could have a positive impact on the price of electric vehicles offered on the market, as lithium plays such a critical role in their composition.”
— The Jerusalem Post
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