Kinetics, a new energy company launched by Karpowership, has made significant strategic investments to drive innovation and decarbonization in the energy, maritime, and mining sectors. The company co-invested in a $20 million Series A financing round for Exterra, a Canada-based cleantech waste-to-value leader. This investment will enable Exterra to advance its Hub I project in Quebec, focusing on converting asbestos mine tailings into sustainable materials. Additionally, Kinetics participated in a $20 million Series A financing round for Power to Hydrogen, a U.S.-based company that manufactures AEM electrolyzers to produce green hydrogen, e-methanol, and green ammonia. These products are vital for decarbonizing the global shipping sector. The investments reflect Kinetics' dedication to supporting breakthrough technologies that facilitate sustainable fuels, cleaner industries, and circular resource use. Both Exterra and Power to Hydrogen expressed optimism about the potential of their technologies in advancing decarbonization efforts. Exterra aims to become the world's largest asbestos mitigation facility, showcasing the capabilities of its dual-process technology. Power to Hydrogen's CEO highlighted the importance of their electrolyzers in meeting the increasing demand for zero-emission shipping fuels. By leveraging its expertise, Kinetics is focused on scaling up solutions that drive long-term value and decarbonization in challenging sectors like mining and maritime transport. Established in 2024, Kinetics specializes in cleaner, flexible energy systems through floating LNG assets and renewable energy platforms. Exterra and Power to Hydrogen each play a significant role in reshaping the energy landscape towards sustainability and innovation.