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Rosor Exploration is an airborne geophysical surveying company that helps mining and energy teams gather sharper subsurface insights through advanced data acquisition, processing, and interpretation.
As an R&D-heavy company building novel technology for mineral exploration, Rosor needed a capital strategy that could keep pace with technical development. The team knew non-dilutive funding could play an important role, but they wanted a partner who could do more than identify programs on paper.
Thin Air Labs' Funding Catalyst team became that partner, helping Rosor bring grant strategy, grant writing, and SR&ED support under one umbrella so the company could stay focused on building their business.
For a company developing new exploration technology, funding is tightly connected to execution. Rosor needed support that matched the pace and complexity of a business built around ongoing R&D, technical iteration, and team growth.
The team was not looking for a transactional advisor. They wanted a partner who could understand the business, surface the right opportunities, and help move applications forward without forcing the team to repeat conversations with multiple consultants.
Rosor needed a team who could help them:
• Find relevant opportunities: Identify grants, innovation programs, and support mechanisms aligned with Rosor's stage, technology, and growth plans.
• Streamline the process: Bring grant strategy and SR&ED support together so the team could work through one trusted partner.
• Protect internal focus: Keep funding work moving without pulling leadership and technical staff too far away from product and R&D priorities.
Thin Air Labs worked with Rosor as an ongoing funding partner, helping the company secure smaller and mid-sized opportunities while also positioning the business for larger applications as it grew.
The collaboration included:
• Opportunity matching: Thin Air identified funding programs that were genuinely relevant to Rosor, including support connected to the Ontario Centre of Innovation and internship-related programs.
• End-to-end execution: The team helped move applications from strategy through submission, reducing the burden on Rosor's internal team.
• Integrated support: By combining grant support with SR&ED work, Thin Air gave Rosor a more cohesive way to manage non-dilutive funding.
• Growth-stage planning: As Rosor's ambitions expanded, Thin Air helped the company look beyond smaller wins toward larger grants worth more than $500,000 and, in some cases, several million dollars.
This structure gave Rosor continuity, clearer execution, and a funding partner that could grow with the business.
The engagement with Thin Air’s Funding Catalyst team translated into meaningful funding momentum and stronger operating capacity.
• Grant capital secured: Over roughly the past year and a half, Rosor secured a little more than $300,000 in grant funding with Thin Air's support.
• Broader non-dilutive strategy: Alongside grant activity, Rosor continued to benefit from an integrated SR&ED relationship worth more than $500,000 per year.
• Team and R&D support: The additional capital helped Rosor support a larger team and continue advancing its exploration technology.
• Scaling Opportunities: The company is now pursuing substantially bigger funding applications, with targets ranging from more than $500,000 to several million dollars.
"We want it all under one umbrella. We don't want to have to repeat ourselves. We want to work with people who get it, who understand the opportunities, who understand the business, and where those two really meet. We’re excited to keep working with Thin Air for years to come." - Alex Coutu, CEO, Rosor Exploration
