CoilRig Awarded 2025 Core Innovation Hot 30
22nd March 2025
In 2025, The Hot 30 Awards saw more than 80 applications from across Australia with the final list representing five States & Territories in both metropolitan and regional cities....
MinEx CRC Researchers Awarded $450,000 in Seed Start Grant Funding to Further Develop Geothermal CT
The Driller Newscast: Coiled Tubing Drilling and the Future of Geothermal
26th February 2025
Just dropped! In episode 144 of the Driller Newscast, Brock Yordy and Soren Soe discuss Coiled Tubing Rigs and the future of geothermal drilling technology. ...
The Driller Newscast: Coiled Tubing Drilling and the Future of Geothermal
21st February 2025
On this week’s Newscast (Ep. 143), host Brock Yordy breaks down the latest from EPA, OSHA, and environmental policy changes that impact the drilling and construction industry. Plus, a deep dive into coiled tubing rigs with expert Soren Soe from Australia!
SA Start-up to Commercialise Clean Energy Tech
17th February 2025
CoilRig has secured South Australian and Australian Government funding to export its geothermal energy innovation to the lucrative US market. The South Australian Government is supporting an Adelaide-based startup on their mission to commercialise technology that will make installing geothermal heat pumps cheaper, safer and more efficient, meeting the growing global demand for clean energy....
Govt Backs SA Geothermal Startup
17th February 2025
A South Australian company developing technology to make installing geothermal heat pumps cheaper, safer and more efficient has been backed by a $450,000 state government ‘Seed-Start’ grant.
New IGP funding will power up battery, drilling and agtech technology
13th February 2025
The IGP supports innovative small and medium enterprises (SMEs) through advice and the opportunity for matched grant funding for projects to help them commercialise and grow.
Australian geothermal drilling startup receives federal and state grants
13th February 2025
Federal and state grants will aid further development and prototyping of a new coiled tubing geothermal drilling rig design of Australian startup CoilRig.