Halliburton Labs has named for clean energy companies to its accelerator program.
Halliburton Labs, which originally launched in 2020, has 12 member companies now. The startups will have access to the Halliburton facilities, the company's experts, and its network, and will be located in the company's North Houston headquarters.
"This strong group of companies further establishes Halliburton Labs as the place where innovative companies come together with technical and operational scaling resources to advance commercial success," says Dale Winger, managing director of Halliburton Labs, in a news release. "We are excited to collaborate with the founders and their respective teams to support their clean energy solutions."
Here are the four new additions to the program:
- Massachusetts-based Helix Power aims to provide high power, high cycle and short duration energy storage with its patented flywheel energy storage technology.
- Icarus RT, based in San Diego, is working to develop a power boosting and energy storage technology to improve system performance and return on investment in commercial and utility scale solar photovoltaic systems.
- SolvCor, based in New Jersey, developed a patented technology platform to significantly improve heat transfer versus water for use in a wide range of industrial applications such as cooling systems and thermal storage.
- New York-based Strayos helps mining and cement companies more efficiently extract raw minerals by adding artificial intelligence-powered tools to certain essential steps of the mining value chain.