(Source: Shutterstock.com)
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
Whitecap Sells Stakes in Gas Processing Plants in Two Deals
2024-07-02 - In separate deals, WhiteCap Resources sold gas processing assets to Topaz Energy and Pembina Pipeline—a move that strengthens Pembina’s Western Alberta position, an analyst said.
Blackstone Buys Enagás’ Tallgrass Stake for $1.1 Billion
2024-07-11 - Spain’s Enagás is selling its Tallgrass Energy interests to Blackstone Infrastructure Partners in exchange for some needed capital.
Pembina, Haisla Nation Take $4B FID on Cedar LNG
2024-06-25 - Pembina Pipeline Corp. and the Haisla Nation took a $4 billion final investment decision (FID) on the 3.3-mtpa Cedar LNG project. The project is expected to start operations in late 2028.
FERC Approves Iberdrola’s $2.6B Deal for Avangrid’s Shares
2024-09-06 - Iberdrola, which owns about 81.6% of Avangrid, said in May it would buy Avangrid’s remaining 18.4% stake, held in outstanding shares that Avangrid doesn’t own.
Apollo Closes $1.85B Take-private Acquisition of U.S. Silica
2024-08-01 - Following Apollo’s acquisition of U.S. Silica, the company will be led by current management and CEO Bryan Shinn.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.