Efficient, space-saving drilling tech for geothermal energy

HammerDrum has developed and patented a string-free drilling method. The technology enables fully automated deep drilling at a fraction of today's cost and reduces site size by 100x. This allows geothermal energy to be utilized in urban areas at competitive rates. The company is looking for a partner and manufacturer with whom the technology can be further developed and then jointly brought to market: Research & development cooperation agreement and/or investment agreement.

Cost-efficient and space-saving drilling technology: Specifically, the Swiss company has developed a machine that is located in the borehole and has all the necessary technologies to perform the drilling automatically. Unlike existing drilling methods (which are driven from the surface), our machine allows us to work in a very small space and largely automate the process. The drill is a 9 meter long, electrically operated machine. This is lowered directly into the well on a steel cable. Once at the bottom of the well, the machine is locked by a gripper and then drills a predefined section with a percussive rotary mechanism. The drilled material from the section is collected within the machine and pulled back to the surface by the machine after the drilling process is completed (batch drilling). At the surface, the drill can be emptied and prepared for the next drilling operation. To minimize downtime, a second machine can be sunk into the borehole immediately.