Foro Energy Revenue and Competitors

Foro Energy is commercializing high power lasers for the oil, natural gas, geothermal, and mining industries. Our unique capability and hardware platform to transmit high power lasers over long distance fiber optic cables enables step change performance in applications to drill, complete, and workover wells. Launched in 2009, Foro Energy is built upon a decade of academic work at the Colorado School of Mines with a novel approach to bust through the “sound barrier” of Stimulated Brillouin Scattering that previously made it impossible to transmit high power lasers over long distance fiber optic cables. Soon thereafter, this innovation was recognized with a large award from the U.S. Department of Energy's ARPA-E transformational energy technology program. Our world class team with 200+ years of advanced technical experience in high power lasers and oilfield engineering has subsequently made 8 enabling technical achievements that allow deploying high power lasers for the first time in these markets. With this unique capability and a portfolio of 40+ US and international patent filings, Foro Energy works closely together with partners to enable access to the next generation of the world's energy resources.