Catch up quick: Salt Lake City-based Zanskar uses AI to find geothermal resources that don’t have a prior history of exploration and little surface signs.
Zanskar has done development work at two geothermal sites in Nevada and one in New Mexico.
Axios reported in September that Zanskar was seeking to raise a $100 million Series C.
Zanskar says it can use the latest in shale drilling innovations, but it’s focused on developing conventional geothermal resources, not enhanced ones like competitor Fervo Energy.