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Endurance Energy raises $54M to harness a massive untapped energy source

TechCrunch·June 11, 2026

Andrew Redd, a SpaceX alumni, is leading Endurance Energy in its efforts to harness geothermal energy from the ocean. The company has raised $54 million to support its mission to tap into this vast, untapped energy source. Redd believes the ocean holds significant potential for geothermal energy, which could provide a substantial contribution to the global energy mix. Endurance Energy's innovative approach aims to unlock this renewable energy resource and make it a viable alternative to traditional power sources.

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