Located in Munich, geoKOAX GmbH is a young, innovative and international oriented company with a subsidiary in North America. geoKOAX was the winner of the famous German Innovation Award for Climate and Environment (IKU) granted by the Federal Ministry of Environment and the Federation of German Industry (BDI) in January 2016. geoKOAX geothermal energy exchange technology is a most efficient system to generate geothermal energy for heating and cooling of buildings and open spaces. Thanks to its innovative volume storage, it can reduce up to 60% of the drilling depth compared to double U-probes and up to 70% of the drilling depth compared to Single-U-bends as well as achieve at the same time higher efficiency than all competing probe products world-wide. This makes geothermal energy usable everywhere, even in sensible and drilling-depth restricted areas. With the reduction of drilling depth, investment in geothermal installations for new buildings is now more cost-efficient than the use of fossil fuels.