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|Subject: Trend:Laser mining||Date: 12/13/2012 2:31 PM|
|Author: qazulight||Number: 411216 of 512638|
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.
Time line of lasers.
Foro Energy has several big name investors and partners. This does not appear to be a fly by night operation. However, I currently see no investment avenue. However, I did not bring it up for investment.
The Foro site has some interesting information on it. A wide deployment of the technology can change the economics of all rock cutting, from Gold mining and Geothermal energy, to quarrying stone and building tunnels.
Qazulight (With monocle and heavy German accent in hand)
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