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Developer of millimeter wave drilling technology to access deep geothermal energy

Founded in 2020
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Company type Private Public ()
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Industry Group energy & power

Sector geothermal

TRL Range 4-6
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 United States United States
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Updated by Cleantech Group on 03/26/2024

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Date Investors Type Amount
03/12/2024 Prelude Ventures Prelude Ventures , Safar Partners Safar Partners , Mitsubishi Corporation Mitsubishi Corporation , Standard Investments Standard Investments (4)
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Series A1 financing round will support supply chain development, field operations to advance deep geothermal drilling
Series A $21,000,000
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