Halliburton Labs Welcomes Seven New Companies

Halliburton Labs announced Airovation Technologies, Ayrton Energy, Cache Energy, CENS, Disa Technologies, Marel Power Solutions, and XtraLit as the newest participants in its collaborative environment.

This is 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.

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

Learn more about the new participant companies and what they are doing to advance the energy future.

• Airovation Technologies is advancing carbon capture and utilization solutions to help hard-to-abate industries achieve emissions reduction targets through its proprietary carbon mineralization technology. By transforming point-source carbon dioxide emissions into circular chemicals and building materials, Airovation is developing a scalable pathway for industrial emitters to decarbonize with multiple revenue streams.
  
  “Industrial emitters are seeking economic ways to decarbonize,” said Marat Maayan, Founder & CEO at Airovation Technologies. “We are excited to accelerate our commercialization in the United States with Halliburton Labs, leveraging their expertise, capabilities and network."
  
  
• Ayrton Energy is developing liquid organic hydrogen carrier (LOHC) storage technology to enable the large-scale, efficient transportation of hydrogen over extended distances without hydrogen loss and pipeline corrosion. Unlike conventional methods, this storage technology provides a high-density hydrogen storage medium without the need for cryogenics or high-pressure systems. This improves the safety and efficiency of hydrogen storage while enabling the use of existing fuel infrastructure for transportation, including tanks, transport trucks, and pipelines.
  
  “Our mission is to enable hydrogen adoption by solving the key challenges in hydrogen storage and transportation,” says Ayrton CEO, Natasha Kostenuk. “With Halliburton's strategic engineering and manufacturing support, we can scale our technology, execute pilot demonstrations and accelerate towards commercialization.”