CleanNG, a company founded by several recent Oklahoma State University graduates, completed a prototype of the MagmaCel Fuel Storage System at OSU-Tulsa earlier this month.
The company partnered with Dr. Ranji Vaidyanathan at the OSU-Tulsa Helmerich Research Center to create a compressed natural gas fuel tank made of basalt fiber without heavy metal and liners. The result is a lighter tank with increased storage capacity that will help overcome driving limitations on CNG vehicles.
CleanNG began as a project in the Riata Center for Entrepreneurship's Cowboy Idea Hatchery in the Spears School of Business. Matt Villarreal, the company CEO, is a 2010 graduate with a degree in entrepreneurship. He founded the company with Jacob Crawley, who graduated in 2009 with a bachelor's in marketing and 2011 with a master's in entrepreneurship, and Michael Tate, a 2010 graduate with a degree in broadcast journalism. Tate is the chief operations and communications officer and Crawley is chief marketing and sales officer.
The executive team also includes Aaron Laney, director of product research and development, who will graduate from OSU-Tulsa in December with a bachelor's degree in mechanical engineering and then begin work on a master's degree in material science, and Nate Waters, director of finance, who graduated from OSU-Tulsa in 2006 with a marketing degree.