Fundraising FoxGeothermal
Baltimore, US · 3 known investors
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Geothermal Technologies, Inc. (GTI) develops a subsurface geothermal energy harvesting system that integrates drilling, seismic imaging, downhole fiber optics, electromagnetic geophysical imaging, and ORC power generation to produce baseload electricity. The company aims to build geothermal power plants that address the limitations of prior Enhanced Geothermal System (EGS) efforts.
Founders & leadership
JG
J. Gary McDanielChief Executive OfficerJ. Gary McDaniel has over 35 years of executive experience in operations, marketing, and finance, with prior leadership roles transforming underperforming businesses in solar photovoltaics, specialty chemicals, and advanced materials. He is CEO of Geothermal Technologies, Inc., which develops a subsurface geothermal energy harvesting system integrating drilling, seismic imaging, and power generation technologies.
JH
Jim HollisChief Operating Officer
DB
Dr. Bruce MarshChief Science Officer
Investors · 3
Related companies · 4
Dandelion EnergyDandelion Energy designs and installs geothermal heating and cooling systems for homes, positioning geothermal as a primary heating and cooling solution for both new and existing residential buildings.
Fervo EnergyFervo Energy develops next-generation geothermal technology using advanced drilling and sensing techniques to unlock carbon-free, 24/7 power generation in previously uneconomic locations.
Sage Geo SystemsSage Geosystems develops pressure geothermal technology to generate energy from the earth's subsurface heat, drawing on decades of experience drilling wells worldwide. The company operates in the geothermal energy sector, aiming to provide sustainable power generation.
Altarock Energy, Inc.AltaRock Energy (ARE) develops drilling technology for super-hot rock (SHR) geothermal energy, aiming to make geothermal power viable in more locations. The company works with developers of non-mechanical drilling methods, such as plasma and millimeter wave techniques, to reach depths of up to 15-20 km.
Companies working in the same space as Geothermal.
Frequently asked questions
- What does Geothermal do?
- Geothermal Technologies, Inc. (GTI) develops a subsurface geothermal energy harvesting system that integrates drilling, seismic imaging, downhole fiber optics, electromagnetic geophysical imaging, and ORC power generation to produce baseload electricity. The company aims to build geothermal power plants that address the limitations of prior Enhanced Geothermal System (EGS) efforts.
- Who are Geothermal's investors?
- Geothermal's investors include Maryland TEDCO, TEDCO, Prelude Ventures.
- Where is Geothermal headquartered?
- Geothermal is headquartered in Baltimore, US.