Caterpillar Inc. has acquired Skycatch, Inc., a company specializing in spatial data capture and analytics for the mining sector. The purchase is intended to bolster Caterpillar's technology offerings and assist mining clients in managing complex operational challenges through data-driven solutions.
This transaction follows Caterpillar's acquisition of Australian mining software firm RPMGlobal in February 2026. By combining Skycatch’s high-resolution, near-real-time spatial data with its existing RPM and CAT MineStar platforms, Caterpillar aims to enhance safety, productivity, and predictability at mine sites.
Skycatch technology captures large-scale, high-precision spatial data and applies artificial intelligence to identify and measure that information. This allows mine operators to monitor site conditions continuously and adjust plans in near real time. A primary feature of the technology is the creation of digital twins of mining sites, which provide accurate, up-to-date replicas that can be integrated directly into planning workflows.
The mining industry is increasingly adopting automation, artificial intelligence, and digitalization to improve efficiency, lower costs, address labor shortages, and support decarbonization efforts. In June, BHP Group, Rio Tinto, and Caterpillar launched a trial of two battery-electric haul trucks at a demonstration site in Western Australia’s Pilbara region. This collaboration focuses on reducing emissions from mining operations.
BHP has been expanding its use of artificial intelligence and advanced analytics across its operations, utilizing improved data quality and digital platforms to optimize performance. Rio Tinto has similarly integrated data from automated equipment, including drills, trucks, and conveyors, with analytics and machine learning technologies to enhance operational efficiency and safety.
Caterpillar shares have risen 133.8% over the past year, outperforming the manufacturing, construction, and mining industry index, which grew by 120.7%. The Zacks Industrial Products sector advanced 23.4%, while the S&P 500 increased by 8.9% during the same period.
