Know what’s really happening at
Quaise Energy before you sign on.
- On the roadmap
- AI Power Infrastructure
- Geothermal Energy
- Deep Tech
Quaise Energy, an MIT Plasma Science and Fusion Center spinout, replaces the drill bit with a gyrotron beam to reach superhot rock no conventional rig can touch. Altis tracks whether the boldest physics bet in geothermal can convert a Texas test site and a $134M Series B into grid power by 2030.
How we do it.
Most "AI market intel" is a summarized crawl of press releases. This Altis research is built from our knowledge graph of sector expert calls, synthesized with public sources.
Quaise Energy
- Series B initial close (July 2026), led by Prelude Ventures
- $134M
- Founded as a spinout of MIT's Plasma Science and Fusion Center
- 2018
- Approximate total funding raised to date
- $230M
- Drilled through granite at its Central Texas field site in 2025
- 100 meters
- Initial always-on generation target for Project Obsidian in Oregon
- 50 MW
- Designed expansion capacity of the Project Obsidian site
- 250 MW
- Target year for first electricity to reach the grid
- 2030
Press reported
Altis Verified
What's in the report
Most "AI market intel" is a summarized crawl of press releases. This is what customers, competitors, and former employees actually told us.
Market Overview
Market structure, where the company sits, and growth drivers.
- market map
- AI Power Infrastructure landscape
- AI Power Infrastructure growth rate
- CAGR
Total Addressable Market
Bottom-up TAM / SAM / SOM.
- Quaise Energy TAM
- AI Power Infrastructure market size
- market opportunity
Company Overview
What the company does and how it operates.
- what does Quaise Energy do
- Quaise Energy product
- business model
Product / Go-to-Market
Product, GTM motion, ICP, and who buys.
- Quaise Energy customers
- who uses Quaise Energy
- Quaise Energy ICP
- go-to-market
Competitive Dynamics
The Altis Market Map and the Altis Win-Rate Index.
- Quaise Energy competitors
- Quaise Energy alternatives
- who competes with Quaise Energy
- Quaise Energy win rate
Customer Signals
Retention, satisfaction, and win/loss signals.
- Quaise Energy reviews
- Quaise Energy NRR
- Quaise Energy churn
- current customers
- switching costs
Investment Debates
Investment thesis, moat, bull/bear, and key risks.
- Quaise Energy investment thesis
- Quaise Energy moat
- bull case bear case
- Quaise Energy risk factors
Monetization & Financials
Business model, revenue model, and unit economics.
- Quaise Energy ARR
- Quaise Energy revenue
- Quaise Energy valuation
- unit economics
Team and culture
Founders, leadership, and org.
- Quaise Energy founders
- Quaise Energy CEO background
- leadership team
- headcount
Trusted by
Ready to see the full picture?
Based on public reporting and company disclosures as of July 2026.