Named Project Arch, the facility will be the first large-scale operation of its kind in the country. It's expected to break ground next year. Photo via Getty Images

Fresh off a recent raise, an energy transition startup has been selected for a U.S. Department of Energy-backed $80 million project.

MetOx International, which develops and manufactures high-temperature superconducting (HTS) wire and announced it closed a $25 million series B extension, will negotiate $80 million in funding from the DOE to stand up an advanced manufacturing facility in the southeastern United States.

Named Project Arch, the facility will be the first large-scale operation of its kind in the country. It's expected to break ground next year.

"We are thrilled to receive this support from the Department of Energy, which allows us to bring cutting-edge manufacturing and over 200 high tech job opportunities to the southeastern United States," Bud Vos, CEO of MetOx, says in a statement. "Project Arch not only represents a transformative milestone for our company, but it establishes the U.S. as a true leader in HTS technology.

"This project will have an immediate and tangible impact on the local economy and the energy sector, powering new technologies that rely on the unmatched power-carrying capacity of superconductors," he continues. "Through Project Arch, we are driving a more resilient, efficient, and sustainable energy future—for the U.S. and the world."

HTS wire technology is critical for the energy transition, especially amid rising data center growth, and for next generation wind turbines and interconnections.

"The transition to America's clean energy future is being shaped by communities filled with the valuable talent and experience that comes from powering our country for decades," adds U.S. Secretary of Energy Jennifer Granholm. "By leveraging the know-how and skillset of the former coal workforce, we are strengthening our national security while helping advance forward-facing technologies and revitalize communities across the nation."

MetOx's technology originated out of the University of Houston and was founded in 1998 by Alex Ignatiev, UH professor emeritus of physics and a fellow of the National Academy of Inventors. Last year, the company secured $3 million in funding from the U.S. Department of Energy to support the advancement of its proprietary manufacturing technology for its HTS wire.

The fresh funding will go toward advancing the company's Xeus HTS wire technology. Photo via metoxtech.com

Houston superconductor tech manufacturer raises $25M

money moves

A Houston company has closed its series B extension at $25 million.

MetOx International, which develops and manufactures high-temperature superconducting (HTS) wire, announced it closed a $25 million series B extension. Centaurus Capital, an energy-focused family office, and New System Ventures, a climate and energy transition-focused venture firm, led the round with participation from other investors.

"MetOx has developed a robust and highly scalable operation, and we are thrilled to partner with the Company as it enters this pivotal growth stage," says John Arnold, founder of Centaurus, in a news release. "The market for HTS is expanding at an unprecedented pace, with demand for HTS far outweighing supply. MetOx is poised to be the leading U.S. HTS producer, closing the supply gap and bringing dramatic capacity to high power innovations and applications. Their progress and potential are unmatched in the field, and we are proud to support their growth."

The fresh funding will go toward advancing the company's Xeus HTS wire technology for key energy transition applications by expanding MetOx's U.S.-based manufacturing capabilities to meet demand.

"This funding marks a pivotal step in our mission to revolutionize the energy and technology sectors with our advanced power delivery technology and accelerate delivery for our customers and partners. HTS is critical to enhancing the efficiency of our electric grid and enabling technological developments that, in many cases, would not be viable or even possible without superconductor technology," adds Bud Vos, CEO of MetOx. "Support from investors such as Centaurus and NSV not only provides the financial resources and strategic support required for accelerated scaleup, but also validates the broad reach of our technology across energy, data center, medical, and defense industries."

HTS wire technology is critical for the energy transition, especially amid rising data center growth, and for next generation wind turbines and interconnections.

MetOx's technology originated out of the University of Houston and was founded in 1998 by Alex Ignatiev, UH professor emeritus of physics and a fellow of the National Academy of Inventors. Last year, the company secured $3 million in funding from the U.S. Department of Energy to support the advancement of its proprietary manufacturing technology for its HTS wire.

"MetOx's HTS technology aligns with our systems-level research and offers a unique opportunity to dramatically accelerate the energy transition," says Ian Samuels, founder and managing partner at NSV. "MetOx's Xeus wire stands to be a force multiplier in clean energy generation and high-power transmission and distribution, enabling load growth and the deployment of power-dense data centers. NSV is excited to support MetOx as it scales domestic manufacturing capacity."

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This article originally ran on InnovationMap.

Two UH-affiliated organizations scored DOE funding for advancing superconductivity projects. Photo courtesy of UH

University of Houston pockets $5M in DOE funding for superconductivity projects

taking on tape

A program within the U.S. Department of Energy has deployed $10 million into three projects working on superconducting tape innovation. Two of these projects are based on research from the University of Houston.

The DOE's Advanced Research Projects Agency-Energy, or ARPA-E, issued the funding through its Novel Superconducting Technologies for Conductors Exploratory Topic. Superconductivity — found only in certain materials — is a focus point for the DOE because it allows for the conduction of direct electric current without resistance or energy loss.

The demand for HTS, or high-temperature superconducting, tapes has risen as the country moves toward net-zero energy, driving up the cost of the materials, which are manufactured outside of the U.S. Here's where the DOE wants to help.

“If we can improve superconductors and manufacture them here in the United States, we can ultimately speed up the energy transition through enabling cost savings, faster production, and improved capability,” ARPA-E Director Evelyn N. Wang says in the DOE press release. “The teams [selected] will all pursue ARPA-E’s mission to lower emissions, bolster national security, increase energy independence and improve energy efficiency through their critical research.”

Selva Research Group, a team from UH focused on scaling HTS tape production and led by Venkat Selvamanickam, M.D. Anderson Chair Professor of Mechanical Engineering and director of the Advanced Manufacturing Institute, received a $2 million grant.

“Even though our superconducting tape is three times better than today’s industry products, for us to be able to take it to full-scale commercialization, we need to produce it faster and at a lower cost while maintaining its high quality,” Selvamanickam says in a UH press release. “This funding is to address this challenge and it’s an important step forward towards commercialization of our technology.”

The other UH-based team is MetOx Technologies, which secured $3 million in funding to support the advancement of its proprietary manufacturing technology for its HTS wire. Co-founded in 1998 by Alex Ignatiev, UH professor emeritus of physics and a fellow of the National Academy of Inventors, who also serves as the company’s chief science officer, MetOx plans to open its new manufacturing facility by the end of the year.

“This ARPA-E funding not only allows MetOx to advance its HTS wire fabrication process that I developed at UH, but also signifies the DOE’s recognition that MetOx is important,” Ignatiev says in the release. “The cost-effective HTS product that MetOx is developing at scale is critical to the national and global application of HTS for the world’s energy needs.”

The ARPA-E funding emphasizes the need for advancement of HTS tape innovation, and UH-affiliated groups receiving two of the three grants indicates the school is a leader in the space — something UH Vice President for Energy and Innovation Ramanan Krishnamoorti is proud of.

“These awards recognize the relevance and quality of the research at UH and our commitment to making a meaningful impact by addressing society’s needs and challenges by transitioning innovations out of research labs and into the real world,” Krishnamoorti says in the release.

High-temperature superconducting tapes have a high potential in the energy transition. Photo courtesy of UH

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Major Houston energy companies join new Carbon Measures coalition

green team

Six companies with a large presence in the Houston area have joined a new coalition of companies pursuing a better way to track the carbon emissions of products they manufacture, purchase and finance.

Houston-area members of the Carbon Measures coalition are:

  • Spring-based ExxonMobil
  • Air Liquide, whose U.S. headquarters is in Houston
  • Mitsubishi Heavy Industries, whose U.S. headquarters is in Houston
  • Honeywell, whose Performance Materials and Technologies business is based in Houston.
  • BASF, whose global oilfield solutions business is based in Houston
  • Linde, whose Linde Engineering Americas business is based in Houston

Carbon Measures will create an accounting framework that eliminates double-counting of carbon pollution and attributes emissions to their sources, said Amy Brachio, the group’s CEO. The model is expected to take two years to develop, and between five and seven years to scale up, Bloomberg reported.

The coalition wants to create a system that will “unleash markets and competition,” unlock investments and speed up the pace of emissions reduction, said Brachio, former vice chair of sustainability at professional services firm EY.

“If you can’t measure it, you can’t manage it,” said Darren Woods, chairman and CEO of ExxonMobil. “The first step to reducing global emissions is to know where they’re coming from — and today, we don’t have an accurate system to do this.”

Other members of the coalition include BlackRock-owned Global Infrastructure Partners, Banco Satanader, EY and NextEra Energy.

“Transparent and consistent emissions accounting is not just a technical necessity — it’s a strategic imperative. It enables smarter decisions and accelerates real progress across industries and borders,” said Ken West, president and CEO of Honeywell Energy and Sustainability Solutions.

Wind and solar supplied over a third of ERCOT power, report shows

power report

Since 2023, wind and solar power have been the fastest-growing sources of electricity for the Electric Reliability Council of Texas (ERCOT) and increasingly are meeting stepped-up demand, according to a new report from the U.S. Energy Information Administration (EIA).

The report says utility-scale solar generated 50 percent more electricity for ERCOT in the first nine months this year compared with the same period in 2024. Meanwhile, electricity generated by wind power rose 4 percent in the first nine months of this year versus the same period in 2024.

Together, wind and solar supplied 36 percent of ERCOT’s electricity in the first nine months of 2025.

Heavier reliance on wind and solar power comes amid greater demand for ERCOT electricity. In the first nine months of 2025, ERCOT recorded the fastest growth in electricity demand (5 percent) among U.S. power grids compared with the same period last year, according to the report.

“ERCOT’s electricity demand is forecast to grow faster than that of any other grid operator in the United States through at least 2026,” the report says.

EIA forecasts demand for ERCOT electricity will climb 14 percent in the first nine months of 2026 compared with the same period this year. This anticipated jump coincides with a number of large data centers and cryptocurrency mining facilities coming online next year.

The ERCOT grid covers about 90 percent of Texas’ electrical load.

Micro-nuclear reactor to launch next year at Texas A&M innovation campus

nuclear pilot

The Texas A&M University System and Last Energy plan to launch a micro-nuclear reactor pilot project next summer at the Texas A&M-RELLIS technology and innovation campus in Bryan.

Washington, D.C.-based Last Energy will build a 5-megawatt reactor that’s a scaled-down version of its 20-megawatt reactor. The micro-reactor initially will aim to demonstrate safety and stability, and test the ability to generate electricity for the grid.

The U.S. Department of Energy (DOE) fast-tracked the project under its New Reactor Pilot Program. The project will mark Last Energy’s first installation of a nuclear reactor in the U.S.

Private funds are paying for the project, which Robert Albritton, chairman of the Texas A&M system’s board of regents, said is “an example of what’s possible when we try to meet the needs of the state and tap into the latest technologies.”

Glenn Hegar, chancellor of the Texas A&M system, said the 5-megawatt reactor is the kind of project the system had in mind when it built the 2,400-acre Texas A&M-RELLIS campus.

The project is “bold, it’s forward-looking, and it brings together private innovation and public research to solve today’s energy challenges,” Hegar said.

As it gears up to build the reactor, Last Energy has secured a land lease at Texas A&M-RELLIS, obtained uranium fuel, and signed an agreement with DOE. Founder and CEO Bret Kugelmass said the project will usher in “the next atomic era.”

In February, John Sharp, chancellor of Texas A&M’s flagship campus, said the university had offered land at Texas A&M-RELLIS to four companies to build small modular nuclear reactors. Power generated by reactors at Texas A&M-RELLIS may someday be supplied to the Electric Reliability Council of Texas (ERCOT) grid.

Also in February, Last Energy announced plans to develop 30 micro-nuclear reactors at a 200-acre site about halfway between Lubbock and Fort Worth.