Found Industries has gone through several distinct phases in the four years since it was originally formed as Found Energy. There was the scrappy startup stage, in which the company was primarily housed in the basement of founder Peter Godart '15, SM '19, PhD '21. Then there was the demonstration phase, in which the company worked to productize its technology for transforming aluminum into high-density fuel for industrial operations. Now, after confronting supply chain vulnerabilities related to critical metals in its aluminum fuel business, the company is launching a new division, Found Metals, to extract the critical metal gallium from mineral refineries ' a move that builds on its original technology while addressing a major national security need. Gallium is a critical material in the defense, semiconductor, and energy sectors. In 2024, China produced 99 percent of the world's primary supply ' market dominance the country takes advantage of through export controls. Godart's...
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