technology
Critical Energy Raises $22 Million to Develop Geothermal Plants Using Rocket Engines
Critical Energy secured $22 million in funding to adapt rocket engines for geothermal power generation. The company aims to install 300 gigawatts of capacity annually by 2045.
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Critical Energy raised $22 million to adapt rocket engines for use in geothermal power plants.
A SpaceX alumnus founded the company.
The funds will support development of the technology that umaps rocket engine components into geothermal systems.
Energy wants to build 300 GW per year by 2045.
No further details on investors or timelines were provided in the reported coverage.
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CorroborationModerate · 1 source
