The new priced round comes as the company gears up for drilling test boreholes next year using its gyrotron-powered rig.
To tap into the massive amount of heat the Earth generates, enhanced geothermal startups are focused on advanced drilling techniques.
The air we breathe has a carbon problem. But in Hellisheidi, Iceland, a geothermally active plateau just outside of Reykjavik, a new technology is taking a small but mighty step toward fixing it. A pl
General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract the mineral, a critical component of e
On this week’s Found podcast, we sat down with Dandelion co-founder and President Kathy Hannun. Kathy came up with the idea for Dandelion while working at Google X, tackling some of the world
Tapping the geothermal energy stored beneath the Earth’s surface as a way to generate renewable power is one of the new visions for the future that’s captured the attention of environmenta
The U.S.-based oil major Chevron is doubling down on its investment in geothermal power by investing in a Swedish developer of low-temperature geothermal and heat power projects called Baseload Capita
There’s a low-energy solution to home heating and cooling sitting right underneath most houses, but until recently no one has been able to tap it at a low enough cost across a broad swath of the
We profiled HyperSciences in February, when the team had just successfully completed a launch milestone for a small business grant with NASA. The last time we checked in, the hypersonic drilling compa
Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investi
It’s no coincidence that Elon Musk wants to both tunnel down into and soar above the Earth. If you ask the team at HyperSciences, the best way to get to space is to flip drilling technology upside d