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Fervo Energy

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Enhanced geothermal systems using horizontal drilling and fiber optic sensing borrowed from oil & gas industry

GeothermalPublic (NASDAQ: FRVO)Houston TX / heavy NREL/CO ties, just IPO'd

The interesting angle

Just IPO'd May 2026 at $27/share; Google-backed; $1.5B raised; the bellwether for whether next-gen geothermal is commercially bankable — huge story right now

Related in Geothermal

Geothermal Technologies Inc. (GTI)
Maryland / Weld County CO project
GLADE Geothermal (Oxy)
Weld County, CO
High Altitude Geothermal
Craig, CO (Moffat County)
Last updated July 2026Sources: [1][2][3]

Snapshot

Funding
$1.5B+
Stage
Public (NASDAQ: FRVO)
HQ
Houston TX / heavy NREL/CO ties, just IPO'd
Target customer
Utility, Enterprise / Industrial

Links

HQ location

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