Quaise Energy, Inc. is a Houston-based energy technology company developing millimeter-wave drilling systems to access superhot, supercritical geothermal resources deep beneath the Earth’s surface. Founded as a spinout from the Massachusetts Institute of Technology, the company’s mission is to unlock terawatt-scale, always-on clean energy by enabling existing power plants to transition from fossil fuels to deep geothermal heat.
Clean energy innovation, geothermal energy development, decarbonization of electric power generation, federal research and development support, energy infrastructure transition, and policies that accelerate deployment of next-generation renewable baseload power
Venture capital and strategic corporate investment from clean energy and infrastructure investors
Massachusetts Institute of Technology, The Engine, Prelude Ventures, Safar Partners, JERA Co. Inc., Idemitsu Kosan, Mitsubishi Corporation
Private company