Quaise is developing and commercializing a hybrid deep drilling method that was invented at the MIT Plasma Science and Fusion Center. Its breakthrough technology uses a gyrotron to generate millimetric electromagnetic waves for drilling at depths beyond what can be accomplished today with conventional drilling. The company is working toward accessing depths of 10-20 km, which would dramatically open the opportunity for this clean, carbon-free and power-dense energy source.
Fine Structure Ventures
Nabors Energy Transition Ventures