Modular Infrastructure

  • that.Toby Z. Rice Leads Strategic Funding for Orbital Biocarbon to Scale Essential Utility Infrastructure

    .

    Orbital Biocarbon secured a strategic investment, including a commitment from industry veteran Toby Z. Rice, to expand its modular, high‑temperature sludge‑disposal facilities for wastewater utilities. Facing tighter emissions standards, aging plants and limited landfill space, the company’s technology reduces sludge volume up to 90% while capturing syngas, offering utilities cost‑predictable, reliable service. The funding will finance two new Midwest and Southeast plants, a utility‑friendly financing platform, and a data‑analytics suite. Orbital aims to grow revenue to $150 million by 2028 and lift EBITDA margins above 20%, positioning itself as a differentiated, asset‑light player in a $2 billion‑plus market.

    3 hours ago