This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. This startup wants to use beams of energy to drill geothermal wells Geothermal startup Quaise certainly has an unconventional approach when it comes to destroying rocks: it uses a new form of drilling…
Firefly is heading into the initial public offering with $176.9 million in cash and cash equivalents. And while it has incurred negative cash flows and losses from operations, Firefly projected that its cash is adequate to meet its liquidity needs for at least 12 months.