Clean Energy

Quaise Energy has successfully drilled 100 meters into hard granite using high-energy millimeter-wave technology, proving the viability of a bit-less approach to unlocking universal deep geothermal energy. ▶ Vaporizing the Barrier: By utilizing gyrotron-powered electromagnetic waves to sublimate rock, Quaise bypasses the thermal and mechanical constraints that have historically capped drilling depths and stalled deep-earth exploration. ▶ Repurposing the Grid: The technology targets depths of up to 20km to access supercritical fluids, offering a plug-and-play carbon-free replacement for aging coal and gas power plants using existing infrastructure. Bagua Insight This is the "SpaceX moment" for geothermal energy. For decades, geothermal has been a niche regional resource. Quaise is attempting to decouple energy production from specific tectonic locations, turning geothermal into a scalable, global baseload solution. The use of fusion-grade gyrotrons represents a brilliant cross-pollination of hard-tech disciplines, potentially delivering fusion-level energy density without the stability headaches of plasma physics. If they can scale this to 20km, the concept of "energy scarcity" becomes obsolete. Actionable Advice Strategic investors should monitor the "Deep Tech Energy" sector as it matures from lab prototypes to field-scale infrastructure. For the Oil & Gas industry, this technology represents the most viable path to repurposing a century's worth of drilling expertise and workforce for a post-carbon economy. Firms should evaluate M&A opportunities in high-power vacuum electronics and specialized ceramic materials required for wave-guiding in extreme environments.