Auterra was founded in 2003 as Applied Nanoworks with a focus on developing high value specialty inorganic compounds. With dozens of inventions ranging from the molecular to the nano-scale in its early years, Auterra eventually developed and patented a unique platform for creating inorganic-organic molecules in 2007. This process, trademarked MCP Platform, launched the discovery of hundreds of hybrid molecules with varying structures and applications. In late 2007, the discovery of FlexTi and its ability to remove contaminates from crude oil further refocused Auterra's efforts to design and develop a full scale, environmentally friendly process for the oil industry, called FlexDS. Auterra has consulted and hired some of the best and most experienced oil industry professionals to help guide its development, and FlexDS is positioned to make a major impact in the refining and production industries in the coming years.

To date, Auterra has raised over $10 Million dollars in venture funding. This funding, along with strong industrial partnerships, has allowed Auterra to develop its technology with focus, dedication and a strong resolve towards commercialization.

Auterra is located at the Saratoga Technology + Energy Park (STEP) in Malta NY, 3 hours north of New York City.