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Quaise Energy

Quaise Energy is a clean energy company focused on unlocking superhot geothermal energy at a global scale through a radically new deep drilling technology. The company is developing a gyrotron-powered drilling platform that combines conventional rotary drilling with high-power millimeter wave technology, originally derived from fusion energy research, to vaporize rock and reach unprecedented depths in the Earth's crust. This approach allows access to the intense geothermal heat found deep underground without the need for complex downhole equipment, enabling a new class of always-on, dispatchable clean energy generation. Quaise Energy's mission is to make geothermal energy a multi-terawatt, globally scalable resource capable of contributing meaningfully to net-zero goals by 2050. Unlike other renewable energy sources, deep geothermal is available everywhere on Earth, is not weather-dependent, and offers the power density and scalability historically associated with fossil fuels. The company intends to leverage the existing workforce, infrastructure, supply chains, and regulatory frameworks of the oil and gas industry to accelerate deployment without building from scratch. Quaise Energy's first commercial project, Project Obsidian, is under development in Central Oregon, targeting 50 megawatts of initial capacity with a design capable of expanding to 250 megawatts, and aiming for commercial operation by 2030. The company was founded in the Boston, Massachusetts area and spun out of research conducted at MIT.

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Houston

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https://www.quaise.com
Founded
2020