Stephen Beaton, inspired by the events of September 11, pursued a career in the military, ultimately focusing on liquid fuels. His academic background in chemistry led him to explore alternatives to fossil fuels, driven by national security concerns. After leaving the military, he founded Circularity Fuels, which aims to produce liquid fuels through the innovative process of creating lab-grown diamonds from methane. This venture identifies a market for high-margin products as a precursor to the eventual creation of more affordable fuel alternatives, positioning Circularity Fuels uniquely in a competitive sector.
"Fuel is a terrible first product ... Your first product should be one that is like a high-margin luxury product - the Tesla Roadster approach."
"Seeing the spike in oil prices, I always thought, 'how could we replace fossil fuels?' I thought that it was important for national security."
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