Carlos Araque

Co-founder and CEO at Quaise. Developing millimeter wave drilling systems to scale geothermal energy worldwide.

Carlos Araque is the co-founder and CEO of Quaise Energy, a company focused on harnessing geothermal energy through innovative drilling technologies. With a background in mechanical engineering, Araque holds both a Bachelor’s and a Master’s degree from the Massachusetts Institute of Technology (MIT). He grew up in Medellín, Colombia, and has extensive experience in the energy sector, particularly in technology transfer and product development.

Professional Background

Before founding Quaise, Araque worked for Schlumberger, where he spent 15 years leading downhole product and technology development. His expertise includes building high-performing teams to commercialize advanced technologies in various industries, particularly in energy.1 2 From 2017 to 2018, he served as the Technical Director at The Engine, MIT's platform for commercializing groundbreaking technologies, where he mentored startups and supported investment strategies.1 2

Quaise Energy

Araque co-founded Quaise Energy with the aim of unlocking supercritical geothermal power, which he believes has the potential to replace fossil fuels as a primary energy source. The company utilizes a novel microwave-based drilling technology developed at MIT to access deeper geothermal resources that traditional methods cannot reach.3 5 Under his leadership, Quaise is working to transform existing fossil fuel infrastructure into geothermal power plants, thereby accelerating the transition to clean energy.5

Vision and Impact

Araque is passionate about addressing climate change through technological innovation. He advocates for deep geothermal energy as a sustainable solution capable of meeting global energy demands efficiently. His work emphasizes the importance of diversifying energy sources beyond wind and solar to ensure a stable and abundant energy future.4 6

In summary, Carlos Araque is a visionary leader in the renewable energy sector, leveraging his engineering background and industry experience to pioneer advancements in geothermal technology through Quaise Energy.