From Oil Tech to Climate Tech: How Vaulted Repositioned Legacy Technology for a New Market

From Oil Tech to Climate Tech: How Vaulted Repositioned Legacy Technology for a New Market

Sometimes breakthrough innovation doesn’t require inventing something new—it requires seeing new possibilities in existing technology. In a recent episode of Category Visionaries, Omar Abou-Sayed shared how Vaulted repurposed oil industry technology to address climate change, offering valuable lessons for founders looking to find new markets for proven solutions.

The Origin Story

The story begins not with climate tech, but with environmental regulation in Alaska. As Omar explains, “When the EPA and NGOs came and said, ‘listen, new legislation is passed. Your prior operation of leaving your oily drilling wastes on the surface of the tundra here in the north slope of Alaska isn’t permissible anymore.'”

The conventional solution was expensive and inefficient: “Plan A was like, excavate it, stick it on a ship and haul it to a landfill in like, Washington state.” But Omar’s father, leading a research team at the time, saw a different possibility.

The Original Innovation

“My dad said, look, I’ve been doing all this research, my team and I, and we think we can grind this material up and put it back where it came from,” Omar recalls. “This is rock that was excavated with the drill bit and brought to the surface from the deep earth. We can return it back to the deep earth if we use hydraulic fracturing science.”

This solution, developed for environmental compliance in the oil industry, would later become the foundation for Vaulted’s carbon removal technology.

The Climate Tech Connection

The breakthrough came years later when Omar was working at a renewable chemicals company. He realized “you could really store and trap carbon very inexpensively in organic matter because it absorbs the carbon kind of in passing in its existence.”

This insight connected two seemingly unrelated dots: the ability to store carbon in organic matter and his father’s technology for secure underground storage. The result was a new approach to carbon removal that combined proven technology with emerging market needs.

Navigating Technical Skepticism

Rather than downplaying the technology’s oil industry origins, Vaulted made it a strength. “I really take a science first approach,” Omar explains. This transparency extends to how they handle potential concerns: “Being honest about the risks and what you’re doing to mitigate it gives you a lot of credibility. It’s a lot better than trying to arm wave or ignore it.”

The Competitive Advantage of Proven Technology

This approach has given Vaulted a significant advantage in the carbon removal market. As Omar notes, “Unlike many other companies that are maybe in the science fair project camp and who are going to absolutely play a critical role in the future as their costs come down the cost curve and as they become more mature, we are taking a technology that has been deployed and that we helped deploy globally for the last 30 plus years.”

This maturity translates into immediate market impact: Vaulted is “selling our carbon removal tons at half the price, plus or minus, maybe not quite half, but nearly half the price of our closest analog companies.”

Lessons for Founders

For founders looking to reposition legacy technology for new markets, Vaulted’s experience offers several key insights:

1. Look for unexpected connections between proven solutions and emerging problems
2. Use technical maturity as a competitive advantage
3. Be transparent about technology origins and risks
4. Focus on immediate market impact while others are still developing solutions

The key lesson? Sometimes the best innovation isn’t creating new technology—it’s finding new applications for proven solutions. As Omar’s journey shows, the path to breakthrough impact might start with asking not “What can we build?” but “What can we repurpose?”