Selected companies to receive $100,000 cash investment and year-long accelerator experience

HOUSTON--(BUSINESS WIRE)--Halliburton Labs today announced that it has opened the application process for early stage clean energy companies interested in joining its accelerator program. The application deadline is April 23, 2021.

�We�re excited to identify technology entrepreneurs with ready-to-scale solutions in energy generation, storage, distribution, conservation, and the circular economy,� said Dale Winger, managing director, Halliburton Labs. �Our program provides critical resources, including technical and operational expertise across numerous hardware disciplines and a global business network, to help participants advance their products, prepare for further scale and position for additional financing.�

Halliburton Labs will invite selected applicants to pitch for a spot in the program on May 21, 2021, at the Halliburton Labs Finalist Pitch Day. The pitch day will be delivered as a major clean tech event hosted as part of the Houston Tech Rodeo, a festival that celebrates the convergence of popular culture and technology in Houston.

�In our experience, Halliburton Labs is distinct among accelerator programs in the breadth and depth of its valuable industrial expertise to rapidly and responsively support our build, deployment, and commercial-grade demonstration,� said Todd Brix, founder and CEO of OCO Inc., a Halliburton Labs participant. OCO transforms carbon dioxide, water, and zero carbon electricity into a hydrogen-rich platform chemical to make a wide variety of zero-carbon chemicals, materials, and fuels.

For more information and to apply visit www.HalliburtonLabs.com.

ABOUT HALLIBURTON LABS

Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors and industrial labs join to advance cleaner, affordable energy. Located at Halliburton Company�s headquarters in Houston, Texas, Halliburton Labs provides access to world-class facilities, operational expertise, practical mentorship and financing opportunities in a single location to help participants scale their business. Visit the company�s website at www.halliburtonlabs.com. Connect with Halliburton Labs on Twitter, LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company.

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