Energy transition

Four More Companies Join Halliburton Labs’ Clean-Energy Efforts

Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join the industrial scaling program at Halliburton Labs in Houston.

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Credit: Halliburton.

Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join Halliburton Labs as the clean energy accelerator’s second cohort in the labs’ collaborative environment to advance and scale cleaner, affordable energy. Launched a year ago, the program now has eight participants.

Alumina Energy is designing and developing zero-carbon heat and power solutions to address greenhouse-gas emissions. The company’s patented packed-bed thermal energy storage technology is designed to turn intermittent renewable energy resources into a reliable and cost-competitive source of heat and power with a process that does not add carbon emissions from its operation.

“We are very excited to join Halliburton Labs’ cleantech accelerator program and collaborate with their experienced team to advance cleaner, affordable energy,” said Sasha Braun Diamont, founder and chief executive officer (CEO) of Alumina Energy.

Ionada offers a patented membrane-contactor carbon-management system for small to midsized industrial emitters of up to 200,000 tons per year. Its containerized modular carbon-capture system provides a compact and cost-effective solution for the energy and marine markets.

“We are receiving tremendous interest from industrial emitters around the world for modular carbon-capture systems. Halliburton Labs’ engineering, supply-chain expertise, and global network provide the ideal launching platform for us to scale our business to meet demand,” said Edoardo Panziera, founder and managing director of Ionada.

Parasanti delivers a fully integrated platform for data analytics using edge-computing hardware and software in no- and low-bandwidth environments.

“Parasanti could not be more honored to be a part of the Halliburton Labs accelerator. With the domain expertise and wealth of knowledge that Haliburton Labs possesses, this accelerator will position Parasanti to leverage our edge hardware and software technologies to enable new artificial intelligence and machine-learning solutions in the energy space,” said Parasanti cofounders James Hancock and Joshua Seagroves in a press release.

SurgePower Materials uses its patented manufacturing process to produce high-purity graphene from an abundant, renewable raw material. Scalable graphene production is a platform technology with numerous industrial applications including concrete, electronics, renewable energy, and batteries with longer life, faster charging, and reduced size.

“Our goal is to make SurgePower Materials the key enabler of the forthcoming graphene age with plant-based graphene as an essential component of many new technologies. Our strategic collaboration with Haliburton Labs allows us to leverage their world-class engineering expertise to rapidly scale our production and accelerate the adoption of new graphene-based solutions,” said Michael Opoku, CEO of SurgePower Materials.

The new participants join four companies already participating in Halliburton Labs. Like its predecessors, the new cohort of companies will receive access to a broad range of industrial capabilities, technical expertise, and mentorship to scale their respective businesses.

“We’re excited to support and collaborate with this group of early-stage, clean-energy companies as they continue their commercialization journey,” said Dale Winger, managing director of Halliburton Labs. “Each has demonstrated a commitment to accelerating their technologies, and we are eager to help them innovate, develop, and scale each company.”

In addition to announcing its second cohort, Halliburton Labs also announced that it is accepting applications for the third cohort through its website, with applications due by 3 September. Halliburton Labs is a wholly owned subsidiary of Halliburton.