DISA Technologies Raises $33M In Funding Led By Galvanize

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DISA Technologies, a mineral processing company that uses high energy particle acceleration to extract minerals more efficiently and sustainably, secured $33 million in strategic funding. The funds will accelerate the commercialization of their technology, focusing on mineral processing and uranium site remediation across the U.S.

DISA Technologies, headquartered in Casper, Wyoming, closed a $33 million strategic financing round. The round was led by Galvanize, with support from BHP Ventures and continued participation from existing investors including Evok Innovations, Constellation Energy, Halliburton Labs, Valor Equity Partners, and Veriten. This brings DISA’s total funding to approximately $83 million since its founding in 2018.

How DISA Technologies works?

DISA’s core offering is its patented High-Pressure Slurry Ablation (HPSA™) technology. This mechanical process pumps ore or waste slurries through opposing high pressure nozzles, creating particle to particle collisions that selectively liberate valuable minerals. Key advantages over traditional grinding (comminution):

• Energy efficiency: Reduces energy intensity in a step that can consume up to 50% of a mine’s total energy.
• Improved recovery: Achieves coarser liberation with fewer fines/slimes, boosting downstream flotation, leaching, or other processes.
• Modular and deployable: Suited for both brownfield/operational mines (modernizing circuits, increasing throughput) and legacy sites (remediating while recovering value).

HPSA targets two primary markets:

1. Critical minerals processing in active mining operations, addressing declining ore grades, rising demand (especially for energy transition materials), and high processing costs.
2. Uranium remediation and resource recovery from Abandoned Uranium Mines (AUMs). The U.S. has thousands of such sites, many posing environmental liabilities while containing recoverable domestic supply.

Key Milestones and Traction:

• Regulatory breakthrough: In September 2025, DISA received a first of its kind NRC (Nuclear Regulatory Commission) multi site service provider license (SUA-1605) for HPSA deployment at AUM sites across the western U.S. and Navajo Nation. It plans to start remediation projects in 2026.
• Commercial progress: Commercial scale HPSA units are installed at several global mining sites. The company has secured contracts for over 100 AUM sites.
• Partnerships: Includes a strategic tie with ElementUSA for reprocessing mine waste into critical minerals.

The technology is positioned as a cleaner, faster alternative that reduces waste volume, lowers disposal needs, and turns liabilities into assets.

This $33M round is described as strategic rather than a traditional Series B, emphasizing acceleration of commercialization and scaling. It follows prior rounds, including an oversubscribed ~$30M Series A2 in August 2025 (led by Evok with Constellation, etc.) and an earlier $15M Series A.

Investor highlights:

• Galvanize (lead): Climate focused asset manager investing at the intersection of energy innovation and supply chain resilience. Views DISA as addressing critical minerals constraints on energy security and industrial competitiveness.
• BHP Ventures: In-house VC of the world’s largest copper producer; sees broad deployment potential for cost reduction and value unlocking in mining and remediation.
• Returning investors (energy, oilfield services, mining tech backgrounds) signal strong conviction and domain expertise alignment.

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Market Opportunity and Strategic Fit:

• Mining sector pressures: Declining ore grades, high comminution costs, and the need for higher recovery rates create demand for retrofit/optimization solutions like HPSA.
• Uranium/AUM remediation: Environmental cleanup mandates plus potential revenue from recovered material. NRC licensing de-risks this pathway significantly.
• Broader tailwinds: U.S. focus on reducing reliance on foreign critical minerals/uranium, plus corporate interest in sustainable mining and circular economy approaches.

DISA’s dual use platform (active mines + legacy waste) provides diversified revenue streams and resilience.

• Execution risk: Scaling mobile/modular units across diverse sites while maintaining performance and regulatory compliance.
• Commodity and policy dependence: Success ties to mineral prices and mining activity levels.
• Competition: Traditional grinding/flotation providers and other emerging liberation/pre concentration technologies.
• Capital intensity: Further deployments and fleet scaling may require additional financing or strategic partnerships (e.g., with miners or service providers).

The $33M infusion positions DISA to accelerate deployments in both mining optimization and AUM remediation, with first major remediation projects expected later in 2026. Strong investor alignment, regulatory progress, and technical validation suggest momentum toward broader commercial adoption. As a platform addressing both efficiency gains in active operations and environmental/economic value from waste, DISA is well placed in the evolving critical minerals and clean mining landscape.

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