Halliburton Labs Welcomes Three New Companies to Its Energy Tech Accelerator
January 18 2023 - 8:00AM
Business Wire
Matrix Sensors, RPSi, and SunGreenH2 join the
movement to bring on the future
Halliburton Labs introduces Matrix Sensors, Renew Power Systems
(RPSi), and SunGreenH2 as the newest participants in its clean
energy accelerator.
The move is part of Halliburton Labs’ ambition to advance clean
energy innovation. Halliburton Labs helps early-stage companies
increase their attractiveness to prospective customers and
investors by contributing expertise, connections, facilities, and
more to help achieve strategic commercialization milestones with
more efficient use of time and capital.
“Companies across the energy landscape are interested in
scalable innovations that improve the cost, reliability, and
sustainability of energy,” said Managing Director Dale Winger. “Our
tailored program combines expert support, access to a global
network, and the physical resources for participants to scale.
We’re excited to help these companies accelerate their market
traction.”
Matrix Sensors
Matrix Sensors uses a new class of gas-adsorbing materials known
as metal-organic frameworks to develop the world’s first
quantitative gas sensor on a chip. The touch-free technology
enables advancements in sensor size, power, cost, and performance
to address limitations of current gas sensor technologies, which
require manual calibration every six months.
Matrix Sensors CEO Steve Yamamoto said, “With Halliburton’s
global reach, we can apply our technology to some of the biggest
problems facing the energy sector today, including CO2 sensors for
energy efficient buildings and methane sensors for leak
detection.”
Renew Power Systems
RPSi is a U.S.-based, clean-tech company that develops hardware
and software solutions that enable flexible and sustainable grid
infrastructure. RPSi uses power electronics to connect renewable
energy resources, such as wind and solar, with each other and the
grid.
“Our mission is to help change the way the world generates and
distributes energy,” said CEO Zach Emond. “With RPSi technology, a
diverse range of domestic and global communities will benefit from
the acceleration of renewable energy resources that work with new
and existing grid infrastructure and improve access to affordable,
sustainable, and resilient electricity.”
SunGreenH2
SunGreenH2 builds high-performance hardware for electrolyzer
cells, stacks, and systems that increase hydrogen production,
decrease energy use, and reduce platinum group metals use. The
company supplies hardware components for alkaline and
proton-exchange membrane electrolyzers. Its modular,
high-efficiency anion exchange membrane (AEM) electrolyzer stack,
which is being commercialized, uses renewable power to produce
low-cost green hydrogen for industries, transport, and energy
storage.
“We are excited to unlock the future of green hydrogen
production. With the help of Halliburton’s engineering and
manufacturing expertise, we plan to commercialize and roll out our
product in major international markets,” said Tulika Raj,
Co-founder and CEO.
The next Halliburton Labs Finalists Pitch Day is Friday, Jan. 27
from 9:30 a.m.-12:30 p.m. CT at The Ion in Houston. The event will
include pitches from 10 innovative, early-stage energy tech
companies. To attend or watch via online broadcast, please register
here.
About Halliburton Labs
Halliburton Labs is a collaborative environment where
entrepreneurs, academics, investors, and industrial labs join to
advance cleaner, affordable energy. Located at Halliburton
Company’s headquarters in Houston, Texas, Halliburton Labs provides
access to world-class facilities, operational expertise, practical
mentorship, and financing opportunities in a single location to
help participants scale their business. Visit the company’s website
at www.halliburtonlabs.com. Connect with Halliburton Labs on
Twitter, LinkedIn and Instagram. Halliburton Labs is a wholly owned
subsidiary of Halliburton Company (NYSE: HAL).
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Investor Relations Contact David Coleman
investors@halliburton.com 281-871-2688 Press Contact Amina
Rivera pr@halliburton.com 281-871-2601
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