Raven

About Raven

Raven SR is a renewable fuels company operating in the clean energy and waste management sectors. The company was founded in January 2018 by CEO Matt Murdock, an entrepreneur with over 30 years of experience in renewable energy and infrastructure projects. His journey with the technology began in August 2015, working with its creator, the late Dr. Terry Galloway, and founding Sublette GTL to adapt the process for gas fields and landfills. This led to Murdock's group purchasing the assets of Dr. Galloway's company, Intellergy, to establish Raven SR.

The company's business model centers on deploying its patented, non-combustion Steam/CO2 Reforming technology to convert a wide array of organic waste into high-value renewable fuels. This process accepts diverse feedstocks, including municipal solid waste, biosolids, biomass, and various gases, without requiring combustion, which significantly reduces emissions. Raven SR's modular and scalable systems are designed to be deployed locally at sites like landfills and wastewater treatment plants, processing local waste to produce fuel for local markets, thereby minimizing transportation costs and emissions. Revenue is generated through the sale of these clean fuels to various clients, including partnerships for hydrogen refueling stations and agreements with major airlines for sustainable aviation fuel (SAF).

Raven SR produces two primary product lines: high-purity (99.999%) renewable hydrogen and Fischer-Tropsch (FT) synthetic fuels. The hydrogen is suitable for fuel cell electric vehicles, while the FT process yields sustainable fuels like renewable diesel and SAF (including Jet A, Jet B, and JP-8). A key feature of the core technology is its high efficiency, producing a greater volume of hydrogen-rich syngas per ton of waste compared to competing methods like gasification. This efficiency, coupled with the system's feedstock flexibility and the fact that it does not consume fresh water, offers a distinct advantage over conventional hydrogen production and electrolysis. The company has established key strategic projects, including its first commercial-scale waste-to-hydrogen facility in Richmond, California, in collaboration with Republic Services and Chevron. Additionally, Raven SR is expanding internationally with a project in Zaragoza, Spain, which has received financial backing from the European Commission and the Spanish government, marking it as a project of regional interest.