Addis Energy today introduced its technology platform, which harnesses the Earth's chemical and thermal potential for clean ammonia production at low cost through a net energy-positive process. The platform unlocks energy abundance and affordability by combining next-generation chemical innovation with legacy expertise from the oil and gas industry, and will create new economic opportunities for domestic energy production with zero emissions. Addis Energy has raised $8.75 million total to date: $4.5 million from ARPA-E through its Vision OPEN program and $4.25 million in pre-seed funding from Engine Ventures, Pillar VC and Voyager Ventures. This month, the company's co-founder Dr. Iwnetim Abate published a paper in the peer-reviewed scientific journal Joule outlining how ammonia can be produced directly from iron-rich rocks using only the injection of nitrate-source water into the Earth's subsurface. The novel process leverages established oil and gas drilling techniques to access subsurface heat and pressure, offering a low carbon intensity alternative to conventional ammonia synthesis at cost parity.

Addis Energy is on a mission to revolutionize how we feed and fuel our world by unleashing the Earth's potential for clean ammonia production. The company's novel technology involves the injection of nitrogen and water into iron-rich rocks, using in-situ subsurface heat and pressure to produce geologic ammonia via a carbon-free and net energy-positive process.