GA Drilling

GA Drilling Announces First Close of $15M to Accelerate the Delivery of Deep Geothermal Energy

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목요일, 4월 18, 2024

HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) -- Today GA Drilling , the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests.

Key Points: 
  • HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) -- Today GA Drilling , the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests.
  • Delivering deep geothermal faster and at deeper depths while remaining cost-effective is how the company will go from delivering megawatts of energy to terawatts.
  • “The excitement around deep geothermal is well placed given that our innovations have taken the estimates for the geographical availability of geothermal energy from 3% to 70+% of the planet,” said Igor Kocis, co-founder and CEO of GA Drilling.
  • “GA Drilling has the IP and experience to address every step from deep geothermal drilling systems to repurposing existing oil and gas assets.

DeepPower CEO Andrew Van Noy Visits University of Oklahoma for Ribbon Cutting Ceremony

Retrieved on: 
금요일, 6월 2, 2023

It is designed to be a testbed for the new breakthrough deep drilling technology that DeepPower is working on with OU.

Key Points: 
  • It is designed to be a testbed for the new breakthrough deep drilling technology that DeepPower is working on with OU.
  • Initial design modeling suggests the new drilling technology can drill 300% faster than competing millimeter-wave technology and 600% faster than conventional methods.
  • If we could just tap 0.1% of the Earth’s heat, we could power the world for 2 million years," said Van Noy.
  • Interim Dean of the Mewbourne College of Earth and Energy at the University of Oklahoma, John Antonio, was also in attendance.

GA Drilling Successfully Tests Breakthrough Technology for Deep Geothermal Drilling

Retrieved on: 
수요일, 4월 26, 2023

GA Drilling, a.s. ("GA Drilling") conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®.

Key Points: 
  • GA Drilling, a.s. ("GA Drilling") conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®.
  • GA Drilling developed the tool to materially cut the cost of deep geothermal drilling by doubling the drilling speed and extending the drillbit lifetime in hard and abrasive formations.
  • Integrating the innovative drilling tools of GA Drilling into Nabors' industry-leading automated drilling operations is expected to accelerate field commercialization and eliminate traditional economic barriers to deep geothermal projects.
  • GA Drilling, a geothermal technology company with operations in Houston (USA), Bratislava (Slovakia), and Bristol (U.K.), is a pioneer in advanced drilling using plasma and thermomechanical technologies as well as in movement/anchoring expertise.

Extantia launches €300M platform to accelerate decarbonisation

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화요일, 9월 20, 2022

BERLIN, Sept. 20, 2022 /PRNewswire/ -- Extantia Capital, a climate-first venture firm, has announced a €300M platform to invest in and accelerate climate tech innovation. The platform includes Extantia Flagship, a €150M venture fund dedicated to backing scalable deep decarbonisation tech companies, Extantia Allstars, a €150M fund-of-funds investing in climate tech venture capital funds across the globe, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.

Key Points: 
  • After two years in stealth mode, Extantia announces two investment funds along with a sustainability knowledge hub for investors, scientists, and industry experts
    BERLIN, Sept. 20, 2022 /PRNewswire/ -- Extantia Capital , a climate-first venture firm, has announced a 300M platform to invest in and accelerate climate tech innovation.
  • The platform includes Extantia Flagship, a 150M venture fund dedicated to backing scalable deep decarbonisation tech companies, Extantia Allstars, a 150M fund-of-funds investing in climate tech venture capital funds across the globe, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.
  • "Extantia Igniteis where industry meets technology and science," said Dr. Laura-Marie Toepfer, Partner at Extantia.
  • The 300M platform includes Extantia Flagship, a fund backing scalable deep decarbonisation companies, Extantia Allstars, a fund-of-funds investing in climate venture capital funds, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.

Extantia launches €300M platform to accelerate decarbonisation

Retrieved on: 
화요일, 9월 20, 2022

BERLIN, Sept. 20, 2022 /PRNewswire/ -- Extantia Capital, a climate-first venture firm, has announced a €300M platform to invest in and accelerate climate tech innovation. The platform includes Extantia Flagship, a €150M venture fund dedicated to backing scalable deep decarbonisation tech companies, Extantia Allstars, a €150M fund-of-funds investing in climate tech venture capital funds across the globe, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.

Key Points: 
  • After two years in stealth mode, Extantia announces two investment funds along with a sustainability knowledge hub for investors, scientists, and industry experts
    BERLIN, Sept. 20, 2022 /PRNewswire/ -- Extantia Capital , a climate-first venture firm, has announced a 300M platform to invest in and accelerate climate tech innovation.
  • The platform includes Extantia Flagship, a 150M venture fund dedicated to backing scalable deep decarbonisation tech companies, Extantia Allstars, a 150M fund-of-funds investing in climate tech venture capital funds across the globe, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.
  • "Extantia Igniteis where industry meets technology and science," said Dr. Laura-Marie Toepfer, Partner at Extantia.
  • The 300M platform includes Extantia Flagship, a fund backing scalable deep decarbonisation companies, Extantia Allstars, a fund-of-funds investing in climate venture capital funds, and Extantia Ignite, a sustainability hub advancing knowledge and competence in climate innovation and ESG practices.

Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling

Retrieved on: 
수요일, 3월 30, 2022

HAMILTON, Bermuda and BRATISLAVA, Slovakia, March 30, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s. ("GA Drilling"). This strategic investment expands Nabors' commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs.

Key Points: 
  • HAMILTON, Bermuda and BRATISLAVA, Slovakia, March 30, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s. ("GA Drilling").
  • GA Drilling, a geothermal technology company with headquarters in Bratislava, Slovakia, is a pioneer in plasma drilling.
  • GA Drilling joins Nabors' geothermal ecosystem, which is comprised of three other prior venture investments in geothermal companies.
  • With our unmatched portfolio of drilling, automation and digitalization technologies, Nabors intends to become a key player in the upcoming expansion of geothermal energy.

Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling

Retrieved on: 
수요일, 3월 30, 2022

HAMILTON, Bermuda and BRATISLAVA, Slovakia, March 30, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s. ("GA Drilling"). This strategic investment expands Nabors' commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs.

Key Points: 
  • HAMILTON, Bermuda and BRATISLAVA, Slovakia, March 30, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s. ("GA Drilling").
  • GA Drilling, a geothermal technology company with headquarters in Bratislava, Slovakia, is a pioneer in plasma drilling.
  • GA Drilling joins Nabors' geothermal ecosystem, which is comprised of three other prior venture investments in geothermal companies.
  • With our unmatched portfolio of drilling, automation and digitalization technologies, Nabors intends to become a key player in the upcoming expansion of geothermal energy.

Martin Bruncko joins Binance as Executive Vice President for Europe

Retrieved on: 
화요일, 11월 2, 2021

SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.

Key Points: 
  • SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.
  • The incredible community that Binance has managed to build over the years, its cutting edge technologies, and the shift toward working ever more closely with regulators give Binance almost limitless opportunities.
  • I look forward to realizing this potential in Europe and beyond," said Mr. Bruncko.
  • Martin has been a founder, executive, and board member in several European deep tech and fintech companies, including AeroMobil, Stasis, GA Drilling, and Neulogy (acquired by Civitta).

Martin Bruncko joins Binance as Executive Vice President for Europe

Retrieved on: 
화요일, 11월 2, 2021

SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.

Key Points: 
  • SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.
  • The incredible community that Binance has managed to build over the years, its cutting edge technologies, and the shift toward working ever more closely with regulators give Binance almost limitless opportunities.
  • I look forward to realizing this potential in Europe and beyond," said Mr. Bruncko.
  • Martin has been a founder, executive, and board member in several European deep tech and fintech companies, including AeroMobil, Stasis, GA Drilling, and Neulogy (acquired by Civitta).