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Fervo Energy Company
Profile last edited on: 8/18/23      CAGE: 80AK3      UEI: NZA8TBGRC8W6

Business Identifier: Clean energy technology: generating carbon-free energy from geothermal systems.
Year Founded
2017
First Award
2020
Latest Award
2020
Program Status
Active
Popularity Index

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  Explanation Edit

Location Information

609 Main Street
Houston, TX 77002
   (920) 840-5840
   info@fervoenergy.com
   www.fervoenergy.com
Location: Single
Congr. District: 18
County: Harris

Public Profile

Structured around development of geothermal energy technology, Fervo Energy commercializes proprietary technology to develop, own, and operate geothermal assets as the dispatchable foundation to a 100% clean energy grid. With a minimal SBIR involvement, the firm has successfully raised significant VC funding to support their operations

Extent of SBIR involvement

User Avatar
Phase I Awards
1
Phase II Awards
0
Conversion Rate
0.00%
Phase I Dollars
$200,000
Phase II Dollars
$0
Total Awarded
$200,000

Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects
Year Phase Agency Total Amount
2020 1 DOE $200,000
Project Title: In-reservoir Energy Storage and Flexible Geothermal Operating Strategies: Technology Validation, Market Value-potential, and Grid-scale Modeling and Optimization

Key People / Management

  Tim Latimer -- CEO abd Co-Founder

  Banu Aksoy -- COO

  Christian Gradl -- VP of Operations

  Sarah Jewett -- VP of Strategy

  Jack Norbeck -- CTO

  Dawn Owens -- VP, Head of Development & Commercial Markets

  Ulrey -- CFO

Company News

There are no news available.