Company Overview
- Headquarters
- 5506 Clara Rd, Houston TX
- Website
- foroenergy.com
- Phone
- (713) 456-3330
- Employees
- 36
- Founded in
- 2009
- Industry
- Oil Gas Coal
- NAICS Code
-
NAICS Code 21 CompaniesNAICS Code 213112 CompaniesNAICS Code 2131 CompaniesNAICS Code 21311 CompaniesNAICS Code 213 Companies
- SIC Code
-
SIC Code 13 CompaniesSIC Code 138 Companies
Financials & Stats
Revenue
$34B
Total Funding Amount
$350,000M
Who is Foro Energy
Foro Energy is a privately held company based in Houston, Texas. The company employs 36 people and generates $34 million in annual revenue. Foro Energy specializes in developing and commercializing high-power lasers for use in the oil, natural gas, geothermal, and mining industries. Foro Energy's technology utilizes high-power lasers transmitted over long-distance fiber optic cables to enhance drilling, completion, and well workover processes. This innovative approach aims to significantly improve performance in these critical energy sector applications. The company's foundation is built on a decade of research conducted at the Colorado School of Mines, where they overcame the limitations of Stimulated Brillouin Scattering, a barrier previously hindering the transmission of high-power lasers over long distances. This breakthrough earned them recognition from the U.S. Department of Energy's ARPA-E program. Foro Energy's team boasts over 200 years of combined experience in high-power lasers and oilfield engineering, resulting in eight key technical achievements that enable the deployment of this technology in the energy sector. Foro Energy actively collaborates with partners to advance the accessibility of next-generation energy resources. For more information, visit their website at foroenergy.com.
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Company Name | Revenue | Number of Employees | Location | Founded in |
---|---|---|---|---|
34M | 28 | Minneapolis, MN | 1992 | |
34M | 40 | Tyler, TX | 1981 | |
33M | 47 | Atlanta, GA | 2008 | |
33M | 109 | Syracuse, NY | 1995 | |
33M | 158 | Channelview, TX | 1994 |