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Lazarus Energy
Energy · Hawthorne, United States · Founded 2026
Modular supercritical CO₂ turbines for data center power. MoreLess
Lazarus Energy Systems is addressing the escalating power demands of the artificial intelligence sector by developing on-site electricity generation solutions for data centers. The company's core product is a containerized, modular power plant that utilizes a supercritical CO₂ (sCO₂) turbine. This technology is engineered to convert various heat sources—such as natural gas, biogas, advanced nuclear, or concentrated solar—into dispatchable electricity.
The founders, George Kitromelides and Luke Malcolm, bring experience from companies including Siemens, Ursa Major, Williams International, and Anduril. At Anduril, they were instrumental in advancing a turbojet program from the prototype stage to mass production, a background they are now applying to energy generation.
Lazarus Energy's key value proposition lies in its ability to deploy power solutions significantly faster than traditional grid connections or legacy turbine manufacturers, which can have lead times of several years. The company states its power modules can be shipped in a standard container and assembled in weeks, bypassing long grid interconnection queues. A distinct feature of the sCO₂ system is that it does not require water for cooling, instead using direct air cooling. This design addresses a major logistical and environmental challenge, as conventional steam turbines consume trillions of gallons of water annually.
The firm is developing a megawatt-level demonstrator unit and is planning for its first paid customer deployment. Its business model centers on providing power at a fraction of the physical footprint of legacy systems, targeting a market where the rapid growth of AI is straining existing energy infrastructure.
Keywords: supercritical CO2, sCO2 turbine, data center power, modular power plant, dispatchable electricity, clean energy, waste heat recovery, on-site power generation, AI infrastructure, energy technology, George Kitromelides, Luke Malcolm, grid independence, alternative energy, thermal power, Brayton cycle, gas turbines, geothermal energy, nuclear energy, direct air cooling
Company overview
Lazarus Energy company information
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- Status
- Operational
- Founded
- 2026
- Headquarters
- Hawthorne, United States
- Employees
- 6
- Open positions
- 7
- Dealroom signal
- 53.3
Valuation & funding
Lazarus Energy funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Sep 2026 | $16M | $64M | Undisclosed | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 6 |
Growth signals
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Market sentiment
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