Last deal

$15M

Amount

Venture - Series Unknown

Stage

18.04.2024

Date

3

all rounds

$51.87M

Total amount

date founded

Financing round

General

About Company
GA Drilling is a high-tech company that develops and commercializes a groundbreaking drilling technology platform called PLASMABIT.

Industry

Sector :

Subsector :

Also Known As

Geothermal Anywhere

founded date

01.10.2008

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The PLASMABIT technology brings significant reductions in operational time and cost savings, drilling faster, deeper, and cheaper through any material, including hard rock and steel. It enables massive savings compared to existing drilling technologies and opens up vast new possibilities in oil & gas, geothermal energy, mining, and tunneling. The company's patented PLASMABIT & ANCHORBIT technology provides scalable, modular, solutions for zero-carbon emissions energy production, making it a solution for a local and independent source of electricity, heating, clean water & food production. With registered 23+ patents, supported by a full-time team of 70+ engineers and researchers, industrial funding, investors, 20+ EU research grants, and strategic technical development partnerships with drilling industry leaders, GA Drilling is committed to replacing all fossil fuel energy generation and having a massive positive impact on climate change.
Contacts

Contact Email

Phone number

Social url

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4
Tomas Kristofic
Tomas Kristofic

Tomas Kristofic

Tomas is a co-founder of GA Drilling and has more than 20 years of experience in R&D management. He is highly skilled in the areas of process automation, electronics and embedded system communication for preserving reliability in harsh environments.

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1

Tomas Kristofic

Dusan Kocis
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Dusan as a co-founder brings over 18 years of experience in the R&D and business development. Dusan is a main driving force of the equity investment rounds and financing in the company. Prior to GA Drilling, Dusan had spent 7 years as a Member of the Board and COO of the ARDACO Company.

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Dusan Kocis

Ivan Kocis
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Ivan Kocis

Ivan is a President and Chairman of the Advisory Board and engineering and industry veteran with 40 years of experience in leading positions with large organisations and successful start-ups. Ivan is a member of scientific bodies of EU technological platforms.

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Ivan Kocis

Igor Kocis
Igor Kocis

Igor Kocis

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GA Drilling

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1

Igor Kocis

Employee Profiles
4
Dusan Kocis

Dusan Kocis

Co-Founder & Managing Partner

Ivan Kocis

Ivan Kocis

Chief Scientist

Igor Kocis

Igor Kocis

Founder, CEO

Tomas Kristofic

Tomas Kristofic

CTO and Founder

Activity

Recent News
1