Geolumina joins CTV’s catalyst program
BRIAN, TX, March 16, 2022 /PRNewswire/ — Geolumina today announced that it has been selected to participate in Chevron Technology Ventures’ (CTV) Catalyst Program, an initiative to support start-up companies providing technology solutions to the global energy industry. By reaching the Catalyst program milestones, Geolumina will have the potential to accelerate the delivery of its computer vision-based geoscience artificial intelligence (AI) products to energy companies.
“The support of Chevron Technology Ventures reinforces our vision for the future of AI and geoscience. Our AI-based solutions bring scale and precision to geological decision-making at a time when demand is at an record high and declining geological expertise in the workforce poses a threat to global energy security.” – David ThulCEO and co-founder [email protected]
Geolumina is an artificial intelligence company reinventing geological work. Advances in computing technology, machine learning and AI solutions are unlocking information and value across all industry sectors. Geolumina’s goal is to harness the power of these tools for geoscientists and energy sector decision makers.
Energy demand continues to grow and technology continues to advance in areas such as geothermal, hydrogen and carbon sequestration. With this ever-increasing demand for geoscience knowledge, our use of AI to augment human decision-making provides a critical bridge to an abundant energy future.
Geolumina believes the human capacity for visual insight is staggering. We use AI/ML to scale visual insights for the energy industry. Achieving scale in the energy industry creates a more efficient industry, which is the path to a fairer and more prosperous world.
About Chevron Technology Ventures
Chevron Technology Ventures (CTV) seeks externally developed technologies and new commercial solutions that have the potential to improve the way Chevron produces and delivers affordable, reliable and ever cleaner energy. The CTV Catalyst program was launched in 2017 to accelerate the maturation of start-up companies that demonstrate technology beneficial to the energy industry.
SOURCE Geolumina Corporation