EarthGrid Breaks Through on Major Milestones
EarthGrid Public Benefit Corporation (PBC), a plasma boring technology and development company, revealed today that their tunnel boring robot (TBR) has successfully completed several field tests at scale through some of the toughest tunneling geologies in the world. Additionally, the company is debuting its first-of-its-kind Plasma Excavation System (PES) featuring two plasma torches. These developments in tandem mark a significant step forward in the viability, efficiency and capabilities of the tunnel boring robot. This development announcement follows on the heels of a recent seed round funding of over $30 million. This was double the initial investment goal of $15 million and underscores investor confidence in EarthGrid’s vision and the transformative potential of its cutting-edge plasma technology. With this financial injection, EarthGrid has been able to accelerate the development of their TBR. Read more >>