Quaise Energy

Christopher Hall thrives on solving problems, even if they’re seemingly unrelated to his official job description at Quaise Energy. For example, the senior

Cristina Leija is familiar with the many aspects of developing millimeter wave drilling to bring geothermal energy worldwide.

The Series B final close supports commercialization of superhot geothermal energy and funds Project Obsidian in Central Oregon.

The Quaise team is looking for people with ideas who want to help.

Quaise is an energy company unlocking geothermal energy for the world population through millimeter wave drilling technology.

Nabors Industries completes a $35 million equity investment in Quaise Energy, funded with roughly 392,000 Nabors shares. The transaction makes Nabors Quaise’s largest shareholder, with a 14% fully diluted stake, and secures an exclusivity arrangement for Nabors to supply drilling services to Quaise geothermal projects.

Aug 2026 · PR NewswireNews article

Quaise Energy closes its Series B at $180 million in equity, including a $35 million strategic investment from land drilling contractor Nabors Industries. The companies also sign a framework agreement covering drilling operations, technology integration, and commercial development for Project Obsidian, described as the world's first superhot geothermal power plant.

Aug 2026 · Quaise EnergyNews article

Quaise Energy raises $134 million in the first close of its Series B, led by Prelude Ventures with strategic participation from Japanese energy companies JERA and Idemitsu. The financing brings the company’s total funding to $230 million and supports construction of Project Obsidian, a superhot geothermal plant in central Oregon.

Jul 2026 · Quaise EnergyNews article

Quaise Energy raises $134 million in the first close of its Series B to advance its superhot geothermal drilling technology.

Jul 2026 · Canary MediaNews article