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Maverick Synfuels
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Developer of technology to convert biomass, MSW, coal and natural gas into petroleum-free fuels and plastics

Founded in 2008
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Company type Private Public ()
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TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Chapel Hill, NC Chapel Hill, United States
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Updated by Eric Cumming at Maverick Synfuels on 03/26/2014

Edited by Cleantech Group on 02/07/2024

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Date Company
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Date Partner Type
05/19/2014
Petrostar Petroleum Petrostar Petroleum
The two companies have formed a joint venture to develop gas-to-liquid plants in Canada.
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Confirmed by Petrostar Petroleum
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IPO INFORMATION

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Date Investors Type Amount
03/04/2011 National Science Foundation (NSF) National Science Foundation (NSF) (1)
Post-money valuation of
Maverick biofuels received a Small Business Innovation Research (SBIR) program grant from the National Science Foundation for the development of a highly innovative and novel reactor system for converting syngas into high-value products.
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Products
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Product image Name Product status Revenue model Cost metrics

Skid-mounted small-scale refineries that produce methanol.

Maverick has already engineered the first skids, and will deploy them where low-value methane-rich gas streams are located, such as dairy farms.

Pilot/Early Revenue Service - Fixed Price
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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