Foro Energy

Foro Energy

Commercializing high power lasers for the oil, natural gas, geothermal, and mining industries. Learn more
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DateInvestorsAmountRound
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N/A

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$25.0m

Late VC

$24.0m

Late VC

$8.0m

Early VC
Total Funding€51.8m

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Foro Energy specializes in the transmission of high-power lasers over long distances, overcoming previous limitations such as Stimulated Brillouin Scattering (SBS) and other nonlinear effects. The company serves clients in the energy sector, particularly those involved in land and offshore decommissioning, drilling, workover, and completion operations. Foro Energy operates primarily in the oil and gas market, providing advanced laser technology to enhance efficiency and reduce costs in these processes. The business model revolves around offering cutting-edge laser solutions and related services, generating revenue through technology licensing, project-based contracts, and long-term partnerships with major industry players.

Keywords: high-power lasers, long-distance transmission, decommissioning, drilling, completion, oil and gas, SBS, nonlinear effects, energy sector, advanced technology.

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