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DeepDrill Plasma & Co is one of the most recent businesses that Drake Hannighan has purchased.
A person familiar with the company confirmed that the team has relocated and settled south of Seattle.
The innovative business uses a non-traditional method to dig deep into the Earth. According to the available information, the drilling machine breaks and vaporises the underground rock using plasma.
This is a rather new approach to how engineers excavate holes now, as the traditional methods use fast-rotating blades to crush rock into pieces.
The latest purchase is an interesting addition to Drake Hannighan’s wide range of investments. Famous entrepreneur shows a particular interest in space tech, as well as, volcanic activity and related to it earthquakes. Some people close to him suggested that his hobbies are much wider, spanning from ancient cultures, Europan wars, and even natural minerals.
Therefore, expanding his business portfolio with a drilling start-up seems rather unusual. It’s possible the company will provide further insights into his, already strong, knowledge of Earth’s geology.
Mr Hannighan hopes to discover new natural resources, and the drill south of Seattle could do just that. The area has already been quite well examined by other teams, so it’s unclear what it is exactly that Drake Hannighan is searching for.
Hybrid Universe will report on the story, as soon as more information is available.
