fresh funding

Houston-led research team granted $4.1M for carbon synthesis project, calls for collaboration

A Rice University team researching carbon nanotube synthesis has received $4.1 million funding from both Rice’s Carbon Hub and The Kavli Foundation. Photo by Gustavo Raskosky/Rice University

A Rice University-led team of scientists has been awarded a $4.1 million grant to optimize a synthesis process that could make carbon materials sustainable and affordable on a large scale.

Known as carbon nanotube (CNT) synthesis, the process has the ability to create hollow cylindrical nanoscale structures made from carbon atoms that are strong, lightweight and carry heat and electricity well. CNT synthesis evolved across multiple countries around the same time, according to Rice. But to scale up the process in a way that could create alternatives to materials dependent on heavy industry, Matteo Pasquali, the team's leader and the A.J. Hartsook Professor of Chemical and Biomolecular Engineering, says collaboration will be required.

“We have to apply a collaborative mindset to solve this problem,” Pasquali says in a statement. “We believe that by bringing together a dedicated interdisciplinary community, this project will lead to improvements in reactor efficiency and help identify further gaps in instrumentation and modeling.”

The grant seeks to achieve that. The funds come from both Rice’s Carbon Hub, which contributed $2.2 million to the team, and The Kavli Foundation, which granted $1.9 million in the form of a Kavli Exploration Award in Nanoscience for Sustainability.

The Kavli Foundation supports research in astrophysics, nanoscience, neuroscience and theoretical physics. Winners of its Kavli Prize, which recognizes scientific breakthroughs, often go on to win the Nobel Prize.

“We are proud to partner with Rice University to support this important high-risk, high-reward research,” says Amy Bernard, director of life sciences at The Kavli Foundation, says in a statement.

Pasquali is the director and one of the creators of Rice's Carbon Hub, a collaborative group of corporations, researchers, universities and nonprofits focused on decarbonizing the economy. He says the grant will help the team develop tools to shed light on CNT formation and reaction zones.

“We are at a critical juncture in carbon research, and it is really important that we shed light on the physical and chemical processes that drive CNT synthesis,” Pasquali says. “Currently, reactors are black boxes, which prevents us from ramping up synthesis efficiency. We need to better understand the forces at play in CNT formation by developing new tools to shed light on the reaction zone and find ways to leverage it to our advantage.”

Boris Yakobson, the Karl F. Hasselmann Professor of Engineering and professor of materials science and nanoengineering at Rice, and Thomas Senftle, assistant professor of chemical and biomolecular engineering at Rice, are also involved in the project. Other collaborators hail from the UK, Italy, Korea, and Spain, as well as U.S. labs and universities, including Harvard, Stanford, MIT and others.

In October, a separate team of Rice researchers released a study on a new synthesis process with applications in developing commercially relevant solar cells.

Trending News

A View From HETI

Quaise Energy received a boost to its Series B round. Photo courtesy Quaise

Houston-based geothermal startup Quaise Energy has closed its Series B fundraising round at $180 million after inking a significant investment from another local energy leader.

Quaise, which is developing a 50-megawatt superhot geothermal plant in Oregon, announced a "first close" of the round last month at $134 million, led by San Francisco-based investment firm Prelude Ventures. The $46 million bump has been fueled by a $35 million investment from Houston-based Nabors Industries.

The funding will go toward the continued development of the company's superhot geothermal plant, Project Obsidian, as well as the commercialization of Quaise's millimeter-wave drilling system, according to a news release.

“We are unlocking the most powerful clean energy source on Earth, and the Series B signals deep conviction across a wide range of investors,” Carlos Araque, Quaise CEO and president, said in the release. “Nabors is an invaluable partner as we move millimeter wave drilling to full commercial operations at Project Obsidian and beyond.”

Nabors, a repeat investor in Quaise, has also entered into a strategic framework agreement with Quaise. Under the agreement, Quaise will have access to a dedicated Nabors land rig and drilling platform. Nabors will also provide expertise in reservoir modeling, well design and drilling strategy.

Last year, Quaise drilled to a depth of about 330 feet using its millimeter-wave technology at its field site in Central Texas. Canary Media previously reported that Quaise plans to drill to nearly 3,300 feet later this year and to deploy its millimeter-wave technology at its power plant in 2027. The plant is expected to deliver power to the Pacific Northwest in 2030.

Quaise and Nabors say the partnership will improve drilling performance, reduce costs and accelerate project timelines.

“Superhot geothermal has the potential to make clean energy ubiquitous. That is why we are excited about our close relationship with Quaise,” Anthony Petrello, president and CEO of Nabors, added in the release. “Quaise’s millimeter wave technology changes the equation entirely by reaching superhot rock at temperatures and depths that are inaccessible with conventional drilling, transforming geothermal from a location-dependent resource into a global energy solution. Combined with Nabors’ drilling expertise and infrastructure, we see a path to gigawatt-scale geothermal power that no other company can offer today.”

Quaise reports that with the latest funding, it has now raised $280 million. It raised $21 million in a Series A1 financing round in 2024 and a $52 million Series A in 2022.

The company announced in March that it was aiming to raise $200 million for Project Obsidian through $100 million in Series B funding, plus an additional $100 million from grants, debt and project-level finance.

Trending News