Halliburton Labs Accelerates Next Generation of Energy Innovators

Houston-based startup accelerator Halliburton Labs announced this week that they have welcomed seven new companies into their collaborative ecosystem focused on advancing climate and energy technologies.

“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,” said Dale Winger, Managing Director at Halliburton Labs. “Our experienced practitioners and network will help these companies use their time and capital efficiently.”

The addition of these seven technology startups aligns with Halliburton Labs’ mission to nurture new innovations that can transform the future of energy and help address climate change. By providing access to facilities, technical expertise, mentorship and financing opportunities, Halliburton Labs aims to help entrepreneurs overcome common barriers to scaling up new solutions.

The selected companies are working on a diverse range of technologies spanning carbon capture, hydrogen storage, grid-scale energy storage, battery improvements, mineral processing, power electronics and lithium extraction. 

According to Winger, "Our experienced practitioners and network will help these companies use their time and capital efficiently."

Here is an overview of the seven startups:

Airovation Technologies

Airovation is developing a carbon mineralization platform that can capture CO2 emissions from industrial sources and transform them into value-added carbon negative building materials or chemicals. This provides a pathway for hard-to-decarbonize industries to achieve emission reductions while also generating new revenue streams.

Ayrton Energy

Ayrton has created a liquid organic hydrogen carrier fluid that can safely and efficiently transport hydrogen without high-pressure or cryogenic systems. The technology enables a high-density means of storing and delivering hydrogen fuel using existing infrastructure like tanks, trucks and pipelines.

Cache Energy

Cache Energy has developed a proprietary long-duration energy storage solution that can store electricity for months at room temperature with minimal losses over time. The scalable technology provides stable backup power or grid balancing services while using low-cost and safe solid state storage media.

CENS

CENS produces specially treated carbon nanotubes that can substantially boost the performance of lithium-ion batteries when incorporated into electrodes. This “dry dispersion” technique enhances energy density, power and cycle life compared to conventional Li-ion batteries. And the process can be readily integrated into existing production lines.

Disa Technologies

Disa has created proprietary mineral processing solutions for the mining and environmental remediation sectors. Their technology can more efficiently separate and isolate target minerals with less waste and environmental impact compared to incumbent techniques.

Marel Power Solutions

Marel has engineered an advanced cooling and packaging technique for power module components used in electric vehicle and renewable energy systems. Their “power-stack” technology maximizes heat removal while minimizing size, cost and weight - enabling faster adoption of electrification.

XtraLit

Israel-based XtraLit has created a breakthrough process for extracting lithium directly from brines, including geothermal brines and oil & gas produced water. This enables economic production from brines not viable with conventional methods - unlocking new sources of the critical battery metal.

Calling All Energy Innovators

The next opportunity for startups will be at the Halliburton Labs Finalists Pitch Day on March 14th in New Orleans. The event held in coordination with New Orleans Entrepreneur Week will feature presentations from 10-12 innovative energy technology companies competing for acceptance into Halliburton’s accelerator program.

With the looming climate crisis demanding rapid decarbonization and energy advancements, Halliburton Labs provides a pathway for entrepreneurs to accelerate the commercialization of emerging technologies. By supporting these promising startups with access to facilities, technical and commercial expertise, supply chain resources and investors - Halliburton aims to catalyze innovations that can reshape the energy landscape.