From Breakthrough to Build

It started with a discovery. Today, a patented process and a secured site with abundant, economic feedstock moving into project development.

2021.
Company founded
Done
Done
Bench-scale pilot proved process parameters to achieve high-hydrogen and high-CO syngas.
2021.
2021.
First testing on commercial-scale process equipment
Done
Done
Continued pilot testing validates process design
2022.
2023.
Syngas composition validated
Done
Done
Negative carbon footprint verified
2024.
2024.
Thermolic Carbon material characterization
Done
Done
Wiggins site control achieved
2025.
2026.
Patent granted
Done
Done
Full Thermolic rebrand launched
2026.
2027.
Project 1 construction
Next

Meet Our Team

A focused team of energy, materials, and industrial operators turning a patented process into America's next industrial feedstock.
Talk to the Team
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Dave Wallace

CEO
30+ years building oil, gas, and helium businesses. Multi-state asset portfolios from exploration through production and plant deployment. Recent work includes oil and gas E&P and helium developments in Arizona, Colorado, Utah and Montana.
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Chris Webb

President
30+ years in waste-stream recovery and international commodity markets. Founded Gold Coast Recycling and Golden Fibers, and co-founded Global Alternatives, a waste-to-energy conversion technology company.
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Thomas Harrison

CCO
36 Year Industrial Gas veteran with a focus on H2 and helium. Senior roles at Union Carbide/Praxair/Linde and then Iwatani Corporation. Has executed more than $2 billion of complex, long-term off-take contracts.
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Matthew Ciardiello

CFO
Career energy-infrastructure investor and operator. Founded TerraStor Energy and Poplar Resources. Previously at Magellan Petroleum, Mubadala, Arcapita, and Compass Partners. CFA charterholder.
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Daren Daugaard, Ph.D

CTO
Engineered and patented the Bio-Reactor and Fuel Conversion Units for COOL Planet. 15 years in waste-to-energy and 12 years in bio-reactor design. Ph.D. in Mechanical Engineering, Iowa State.
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Roger Oliver

EVP
35 years in construction management. Reached VP of operations at a San Diego construction firm by age 25. Has delivered design-build, industrial, and multi-family projects on time and on budget.
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