Halliburton Labs a clean technology accelerator program that brings together entrepreneurs, academics and investors, has welcomed seven more startups.
The subsidiary of Halliburton Co. said Dec. 13 that Airovation Technologies, Ayrton Energy, Cache Energy, CENS, Disa Technologies, Marel Power Solutions and XtraLit have joined its collaborative environment.
“We are pleased to welcome these promising energy startups and provide customized support to help them achieve their specific priorities, accelerate commercialization and increase valuation,” Halliburton Labs Managing Director Dale Winger said in a news release. “Our experienced practitioners and network will help these companies use their time and capital efficiently.”
The companies specialize in a variety of clean energy technologies that can help reduce greenhouse gas emissions.
Airovation Technologies’ proprietary carbon mineralization technology targets hard-to-abate industries in efforts to reduce emissions with carbon capture and utilization. Ayrton Energy is developing liquid organic hydrogen carrier storage technology to enable long-distance transport of hydrogen without losses and pipeline corrosion.
Cache Energy is developing a long duration energy storage solution that scales to inter-seasonal durations, through a low-cost solid fuel, the release stated. CENS develops enhanced dry dispersion technology that enables high energy density, high power and improved cycle performance in lithium-ion batteries.
Disa utilizes patented minerals liberation technology to more efficiently isolate target minerals and mitigate environmental impacts to its users, according to the news release. Electrification innovator Marel Power Solutions offers novel power-stack technology. Israel-based XtraLit develops a technology for direct lithium extraction from brines.
The selections are “part of Halliburton Labs’ ambition to advance energy and climate innovation and help early-stage companies by contributing expertise, connections, facilities, and more to help achieve strategic scaling milestones,” Halliburton said in its press release.
Marel Power Solutions is innovating electrification through its power-stack technology and XtraLit is an Israeli company that develops a technology for direct lithium extraction from brines.
The next Halliburton Labs Finalists Pitch Day is Thursday, March 14 in New Orleans as part of the New Orleans Entrepreneur Week and 3rd Coast Venture Summit.
Recommended Reading
Ohio Oil, Appalachia Gas Plays Ripe for Consolidation
2024-04-09 - With buyers “starved” for top-tier natural gas assets, Appalachia could become a dealmaking hotspot in the coming years. Operators, analysts and investors are also closely watching what comes out of the ground in the Ohio Utica oil fairway.
Exclusive: Rockcliff CEO on $2.7B TGNR Deal, Value of Haynesville M&A
2024-04-10 - Rockcliff Energy CEO and President Alan Smith discusses the ups and downs of executing the transaction with TG Natural Resources and what's on the Rockcliff III radar, in this Hart Energy Exclusive interview.
An Untapped Haynesville Block: Chevron Asset Attracts High Interest
2024-04-03 - Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.
Aethon Cuts Rigs but Wants More Western Haynesville Acreage
2024-03-31 - Private gas E&P Aethon Energy has drilled some screamers in its far western Haynesville Shale play—and the company wants to do more in the area.
The Answer to Curbing Permian Associated Gas? More M&A
2024-04-03 - Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.