David Broshko Appointed Chief Financial Officer of Eavor Technologies
Calgary, Alberta, Canada — David Broshko has joined Eavor Technologies Inc. as the company’s Chief Financial Officer
Eavor Technologies Achieves First Electricity Production at Geretsried Site
Calgary, Alberta, Canada — Revolutionary Project Signals a New Era for Geothermal Energy
Eavor Announces Significant Drilling Performance Gains at Geretsried Geothermal Project
Eavor Announces Significant Drilling Performance Gains at Geretsried Geothermal Project Drilling Breakthroughs at First Commercial Project Validate Eavor-Loop™ as Scalable, Cost-Competitive Baseload Energy Calgary, AB — October 28, 2025 — Eavor Technologies, the advanced geothermal technology company, today released a detailed white paper at the Geothermal Rising Conference proceedings in Reno. The paper highlights substantial […]
Mark Fitzgerald Appointed President and Chief Executive Officer of Eavor Technologies Inc.
Calgary, Alberta, Canada — Mark Fitzgerald Appointed President and Chief Executive Officer of Eavor Technologies Inc.
Eavor Announces Leadership Transition: John Redfern to Step Down as CEO
Calgary, Alberta, Canada — Eavor Technologies Inc., a leader in next generation geothermal technology, today announced that John Redfern will be stepping down as Chief Executive Officer.
Canada Growth Fund announces additional investment in Eavor Technologies, a Calgary-based advanced geothermal technology company
Calgary, Alberta, Canada — Eavor Technologies Inc. has successfully deployed the Eavor-Link™ Active Magnetic Ranging (AMR) system at its first-of-a-kind project in Geretsried, Germany. This breakthrough will significantly improve the efficiency and speed of closed-loop geothermal drilling.
Eavor Deploys Revolutionary New Active Magnetic Ranging System, Drastically Reducing Drilling Rig Time to Connect Lateral Wells
Calgary, Alberta, Canada — Eavor Technologies Inc. has successfully deployed the Eavor-Link™ Active Magnetic Ranging (AMR) system at its first-of-a-kind project in Geretsried, Germany. This breakthrough will significantly improve the efficiency and speed of closed-loop geothermal drilling.
Eavor Technologies and University of Colorado Boulder Partner on $700,000 State-Funded Geothermal Energy Studies
Boulder, CO — The University of Colorado Boulder (CU Boulder) has been awarded two grants totaling nearly $700,000 through the state-wide Geothermal Energy Grant Program (GEGP) to explore the feasibility of geothermal energy on campus. Governor Jared Polis announced the award recipients at a ceremony in Pueblo on Friday.
Eavor Partners with the Government of Alberta to Launch the Alberta Drilling Accelerator
On April 30, Eavor was joined by Rebecca Schulz, the Minister of Environment & Protected Areas, the Canadian Association of Energy Contractors, the Canadian Geothermal Energy Association, the Rural Municipalities Association, and Brazeau County to commence the planning and development of the Alberta Drilling Accelerator.
Japan’s Kajima Corporation Makes Direct Investment in Eavor Technologies Inc.
CALGARY, Alberta, Canada and TOKYO, Japan – February 20, 2024 – Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal energy technology, has entered into an agreement with Kajima Corporation (“Kajima”) to receive a direct investment into the company. The investment by Kajima demonstrates Eavor’s ability to attract capital from various entities and develop key partnerships with industry leaders worldwide.
INSEAD acknowledges Eavor CEO John Redfern with their sustainability award for 2023
CALGARY, Alberta, Canada and SAN FRANCISCO, California, December 21, 2023 – The Co-Founder, President and CEO of Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded the inaugural INSEAD Business Sustainability Award at the INSEAD Americas Conference of 2023. Redfern’s achievement demonstrates dedication to building more sustainable business models and solutions. This recognition assists in acknowledging efforts to meet sustainability objectives, and that clean technology is at the forefront of innovative thinking and investment opportunities.
Capital Raise of $182 Million Confirms Eavor as the Leader in Scalable Geothermal
Calgary, Alberta, Canada – Oct 25, 2023 – Eavor Technologies Inc., (“Eavor”) a pioneer in the field of
advanced geothermal energy solutions today announces the successful completion of $182 million in
financing. This significant investment will enable Eavor to accelerate the development and deployment
of its revolutionary geothermal technology. The equity round was led by OMV AG, with participation
from Canada Growth Fund (“CGF”), Japan Energy Fund, Monaco Asset Management and Microsoft’s
Climate Innovation Fund. Existing investors BDC, bp Ventures, Eversource Energy, Temasek and Vickers
Venture Partners contributed and supported the funding round, while Chubu Electric Power Co., Inc.
completed the conversion of their debentures.
