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Tagged: drilling
3 resultsSort
Company
Company
Legend
Climate · Ai · Hardware
ignis H2 Energy Inc.
ignis H2 Energy is a Houston-based geothermal exploration and development company that applies oil-and-gas subsurface expertise, AI/ML prospecting and a technology-agnostic approach to find, prove and produce always-on geothermal power. Founded in 2021 by former Goldman Sachs banker Richard Calleri, the company is building a globally diversified, risk-balanced portfolio of geothermal projects across Turkey, the Western U.S. and Alaska, aiming for one gigawatt of documented producible reserves by 2030. It closed a $13.6M Series A round in June 2025.
geothermal · clean energyRead →
Hardware · Climate · Enterprise
HyperSciences, Inc.
HyperSciences is a Spokane, Washington deep-tech company that commercializes the ram accelerator - an in-tube hypersonic engine licensed from the University of Washington - to fire projectiles through rock at up to nine times the speed of sound. Its platform technology, the HyperCore, powers products for tunneling and mining (HyperDrill, Hyperbreaker), geothermal and energy drilling, and aerospace launch (HyperLaunch). The pitch: break rock and reach orbit faster and cheaper by replacing slow mechanical drill bits and first-stage rockets with repeatable hypervelocity impact.
ram accelerator · hypersonicRead →
Founder · Engineer · Executive
Mark Russell
Mark Russell is the founder and CEO of HyperSciences, a Spokane, Washington company turning a piece of aerospace exotica - the ram accelerator - into a tool that drills through rock up to ten times faster than a conventional rig. A former Blue Origin lead engineer on the crew capsule and a self-described third-generation miner, Russell fires projectiles at hypersonic speed every few seconds to crack rock for geothermal energy, mining and tunneling, and to lob payloads toward space through his sister venture Pipeline2Space. He raised roughly $9.6 million from thousands of small investors and won early backing from NASA and Shell.
hypersciences · ram acceleratorRead →