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Overview
Direct Air Capture (DAC) technology company that removes CO2 from the atmosphere and sells the resulting credits or CO2 for applications such as clean fuels. It designs, engineers, and deploys large-scale DAC plants and partners with businesses, governments, and institutions to achieve net-zero emissions. The core product is a scalable DAC system that traps ambient CO2; a plant runs at industrial scale (e.g., about one million tons per year) and the captured CO2 can be used for fuels or other storage pathways. Revenue comes from partnerships, technology licensing, and selling captured CO2. The company differentiates itself by focusing on large-scale, affordable deployment and a partnership/licensing model to accelerate deployment across sectors, rather than just offering small-scale solutions. Its goal is to help the world reach critical net-zero targets by providing practical carbon removal solutions that can operate at scale.
About Carbon Engineering
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Acquired
Total Funding
$121.6M
Headquarters
Squamish, Canada
Founded
2009
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Simplify's Take
What believers are saying
- 1PointFive secured EPA Class VI permits in April 2025 for STRATOS storage.
- BlackRock committed $550 million to STRATOS in November 2023, proving financing depth.
- Carbon Engineering posted a Squamish co-op role for September 2026, signaling ongoing hiring.
What critics are saying
- STRATOS phase one missed its Q2 2026 startup after a non-process component failure.
- Carbon Engineering now depends on Occidental; Oxy can slow DAC if returns disappoint.
- If STRATOS commissioning drags into 2027, buyers treat Carbon Engineering as a science project.
What makes Carbon Engineering unique
- Carbon Engineering’s liquid-sorbent DAC platform underpins 1PointFive’s STRATOS and AIR TO FUELS.
- Oxy bought Carbon Engineering for $1.1 billion in August 2023, locking in integration.
- Squamish’s Innovation Centre keeps engineering, testing, and process improvement in one operating loop.
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Funding
Total Funding
$121.6M
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6 month growth
↓ -1%1 year growth
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↑ 0%Sanctuary AI built A robot body. Now it's also selling A robot brain. Earlier this summer, humanoid robot maker Sanctuary AI announced that it had hit a 99.5%-plus success rate at a 2.54-second cycle time on a complex wire-plugging task at a global Tier 1 automotive supplier. The job: inserting flexible wired plugs into a moving target on a live conveyor. The workers: two disembodied hands reaching for wires, rotating them, and inserting into moving automotive targets. There are no humanoid robots in sight. In other words, Sanctuary, which made both a body and a brain, is now learning that its brain - with some hands - is a very effective industrial worker. The job is a challenging one, so it might just be the perfect job for a company whose former CEO Geordie Rose told me that "half of the complexity of the robot is in the hands." It's also an interesting pivot, or perhaps add-on: rather than wait for humanoid hardware to reach mass commercialization, Sanctuary is deploying its Physical AI inside existing commercial industrial processes and robots. That's essentially a hardware-agnostic approach Sanctuary says is speeding industrial adoption today while laying the foundation for the next generation of intelligent robotic systems, including industrial humanoids. It's also something pretty timely: this is exactly the sort of thing Meta is looking at using robots for in data centers. "META IS TESTING robots that can plug in cables, reset servers, and handle other tasks inside its data centers, according to several current and former workers familiar with the projects," a recent Wired story says. Sounds like a very similar job, which reminded me of the Sanctuary story I wasn't able to write at the time. But I did follow up and get more details from the company's new CEO, Daniel Friedmann, a former longtime chief executive at space robotics firm MDA and later Carbon Engineering, a clean energy company. You can still find Phoenix, Sanctuary's full humanoid robot, on the company website. Generation 8 of the platform offers a strong torso, arms, and head on a wheeled platform, with significant improvements in manufacturability and sensor data. But the top-line promise on the home page now says "physical AI for industrial automation," and the images and videos with the highest prominence show arms and hands and grippers attached to or embedded within industrial production lines. So is a pivot from humanoid robots to industrial automation? A side quest? Or just an early appetizer on the path for a full suite of robotic and automation tools for a wide variety of tasks? Discover more Exchange Traded Funds I had a few questions. And Friedmann had some answers. John Koetsier: How was the 99.5% success rate measured? Daniel Friedmann: BitcoinEthereumNews tallied successful insertions against unsuccessful ones to calculate the overall success rate. John Koetsier: Over how many production cycles was that performance achieved? Daniel Friedmann: The test was for 40 minutes and included 313 plug insertion trials. John Koetsier: How does the 2.54-second cycle time compare to human workers and existing automation? Daniel Friedmann: This task has not been possible to automate with traditional methods. The 2.54-second cycle time was benchmarked against the customer's existing line performance. John Koetsier: Is this a strategic shift away from humanoids? Daniel Friedmann: This represents an expanded approach to Physical AI and solving critical labor challenges. Its hardware-agnostic capabilities expedite industrial adoption of Physical AI, while building the foundation that will support the next generation of intelligent robotic systems, including industrial humanoids. John Koetsier: Why deploy your AI on industrial robots instead of the Phoenix humanoid? Daniel Friedmann: Rather than waiting for humanoid hardware to reach mass commercialization, BitcoinEthereumNews is deploying Physical AI on existing commercial platforms today. This lets BitcoinEthereumNews deliver production-ready performance to customers now, while building toward the next generation of intelligent robotic systems, including industrial humanoids. John Koetsier: What did building humanoids teach you that enabled this deployment? Daniel Friedmann: Global industrial leaders are facing unprecedented labor shortages and increasing operational costs. When it comes to solving those challenges, function matters more than form. John Koetsier: Do you consider Sanctuary primarily an AI company or a robotics company? Daniel Friedmann: Sanctuary AI is a full-stack company: BitcoinEthereumNews is developing both Physical AI and robotic hardware. BitcoinEthereumNews need access to the best hardware to train its Physical AI with the highest quality data, and BitcoinEthereumNews need highly capable Physical AI to utilize that hardware to its fullest extent. The relationship between hardware and Physical AI is symbiotic. John Koetsier: Is this deployment already in production? Daniel Friedmann: No, this is at the proof-of-concept stage. John Koetsier: How broadly can this system be deployed across manufacturing tasks? Daniel Friedmann: Its Physical AI is designed to handle the contact-rich, dexterity-intensive tasks that have historically been out of reach for traditional automation. For companies in manufacturing, logistics, and other labor-constrained industries, it's deployable on existing robotic hardware today, giving customers production-ready performance and a clear path to the next generation of intelligent industrial systems. John Koetsier: How long does it take a customer to deploy the technology? Discover more Brokerages & Day Trading Engineering & Technology Distributed & Cloud Computing Daniel Friedmann: Its goal is to deploy within a few weeks. Currently, the timelines vary based on the complexity of the task. John Koetsier: What is the typical ROI for customers? Daniel Friedmann: BitcoinEthereumNews is focused on maintaining customer throughput at a lower cost, but it's too early to share specifics beyond that. John Koetsier: Does the system work with existing robot hardware? Daniel Friedmann: Yes. Its Physical AI can run on currently available industrial robots using both off-the-shelf end effectors and custom ones designed by its team. BitcoinEthereumNews also intend to support the next generations of intelligent robotic systems as they come to market, including industrial humanoids. John Koetsier: Thank you for your time.
Miru appoints Susan Koch as Interim CFO. * Published on - June 18, 2026 * Words by - Vedika Daswani Vancouver, Canada - June 18, 2026 - Miru Smart Technologies ("Miru") today announced the appointment of Susan Koch as Interim Chief Financial Officer, further strengthening its executive team as the company advances the commercialization of its dynamic glass platform. Susan brings more than 35 years of financial and operational leadership experience across a variety of hard technology companies. She has built and scaled financial systems for innovative companies, establishing the governance and processes needed to support organizational scale-up. Most recently, Susan served as Chief Operating Officer and Vice President of Accounting, and earlier as Chief Financial Officer, at Carbon Engineering. She has also held senior financial leadership roles at General Fusion, Vaperma and Cellex, bringing extensive experience across multiple stages of company growth. At Miru, Susan will oversee financial strategy and governance, supporting the company's continued expansion across automotive, architecture, wearables, and other applications where adaptive light control can improve energy efficiency, comfort, and optical performance. "Susan understands what it takes to build and scale a hard technology company," said Curtis Berlinguette, Founder and CEO of Miru. "She brings valuable financial leadership and discipline to Miru as we prepare for deployment across multiple markets. Her strategic counsel and partnership has been especially impactful for me and the leadership team as we move into this next stage of scaling our dynamic glass technology." "Miru is at an exciting point in its journey, with a differentiated technology platform and significant opportunities ahead," said Susan Koch. "I look forward to working with the team to advance the financial and operational capabilities that support sustainable growth and long-term value creation as Miru continues to scale." Susan's appointment reflects Miru's continued investment in the leadership and capabilities needed to support the company's long-term commercial growth.
Carbon-Negative engineering: what technologies make it possible? The world faces an urgent challenge: reducing greenhouse gas emissions to slow climate change. While many efforts focus on cutting emissions, a growing number of engineers and scientists aim to go beyond zero. Carbon-negative engineering means removing more carbon dioxide from the atmosphere than is emitted. This approach could help reverse climate damage and restore balance to the planet's carbon cycle. But what technologies make carbon-negative engineering possible? This article explores key methods and innovations driving this important work. Understanding carbon-negative engineering. Carbon-negative engineering involves designing systems and technologies that capture and store more carbon dioxide than they release. Unlike carbon-neutral solutions that balance emissions with offsets, carbon-negative approaches actively reduce atmospheric CO2 levels. This requires combining carbon capture, utilization, and storage with renewable energy and sustainable materials. The goal is to create processes that permanently remove carbon from the air and lock it away safely. This can happen through natural methods like reforestation or engineered solutions such as direct air capture. Achieving carbon negativity at scale demands innovation across multiple fields. Direct air capture technology. One of the most talked-about technologies is direct air capture (DAC). DAC systems use chemical processes to pull CO2 directly from ambient air. The captured carbon can then be stored underground or converted into useful products. How DAC works. * Air passes over chemical sorbents or filters that bind CO2 molecules. * The system heats or depressurizes the sorbents to release concentrated CO2. * Captured CO2 is compressed and transported for storage or use. Examples of DAC projects. * Climeworks in Switzerland operates commercial DAC plants that capture thousands of tons of CO2 annually. * Carbon Engineering in Canada develops DAC technology to produce synthetic fuels from captured CO2. DAC offers a way to remove emissions from hard-to-abate sectors and even capture legacy emissions already in the atmosphere. However, it requires significant energy input, so pairing DAC with renewable energy is essential to keep the process carbon-negative. Bioenergy with carbon capture and storage. Bioenergy with carbon capture and storage (BECCS) combines biomass energy production with carbon capture technology. Plants absorb CO2 as they grow, and when biomass is burned for energy, the resulting emissions are captured and stored underground. Why BECCS matters. * Biomass is renewable and can be sourced sustainably. * Capturing emissions from biomass energy results in net negative carbon emissions. * BECCS can generate electricity or fuels while reducing atmospheric CO2. Real-World applications. * The Drax power station in the UK is converting units to biomass and plans to add carbon capture to become carbon negative. * Several pilot projects worldwide test BECCS for bioethanol and biogas plants. BECCS faces challenges including land use competition and ensuring sustainable biomass supply. Still, it remains a promising route to carbon-negative energy. Enhanced weathering and mineralization. Enhanced weathering accelerates natural processes where minerals react with CO2 to form stable carbonates. This approach spreads finely ground silicate rocks over land or ocean surfaces to capture carbon chemically. How it works. * Minerals like olivine react with CO2 dissolved in water or air. * The reaction forms solid carbonate minerals that lock away carbon permanently. * This process mimics natural rock weathering but at a faster rate. Potential and challenges. * Enhanced weathering could capture gigatons of CO2 annually if scaled. * It improves soil health and ocean alkalinity. * Mining, grinding, and distributing minerals require energy and infrastructure. Research projects in Iceland and elsewhere test mineral carbonation for carbon removal. This method offers a long-term, stable carbon sink. Carbon sequestration in soils and agriculture. Agriculture can play a major role in carbon-negative engineering by improving soil carbon storage. Practices that increase organic matter in soils help trap carbon and improve land productivity. Key practices. * No-till or reduced tillage farming to preserve soil structure. * Cover cropping to add biomass and protect soil. * Agroforestry combining trees with crops or livestock. * Biochar application, which adds stable carbon to soils. Benefits. * Soils can store carbon for decades or centuries. * Improved soil health boosts crop yields and resilience. * These methods reduce emissions from fertilizer and machinery. Farmers worldwide adopt regenerative agriculture to enhance soil carbon. This approach supports food security while removing carbon from the atmosphere. Ocean-Based carbon removal technologies. Oceans absorb about a quarter of human CO2 emissions naturally. Engineering solutions aim to enhance this capacity or create new ways to store carbon in marine environments. Examples of ocean technologies. * Ocean alkalinity enhancement adds minerals to seawater to increase CO2 absorption. * Seaweed farming captures carbon through fast-growing algae, which can be harvested and sunk to the deep ocean. * Artificial upwelling brings nutrient-rich water to the surface, boosting phytoplankton growth and carbon uptake. Ocean-based methods are still experimental but could provide large-scale carbon sinks without competing for land. The role of renewable energy in carbon-negative engineering. Renewable energy underpins all carbon-negative technologies by providing clean power for energy-intensive processes like DAC and mineral grinding. Solar, wind, hydro, and geothermal energy reduce reliance on fossil fuels and lower the carbon footprint of removal technologies. Integrating renewables ensures that carbon capture and storage efforts do not generate additional emissions. This synergy is critical for achieving true carbon negativity. Challenges and future directions. Carbon-negative engineering faces several hurdles: * High costs and energy demands of some technologies. * Need for infrastructure to transport and store captured carbon safely. * Ensuring sustainability and avoiding negative impacts on ecosystems or communities. * Scaling solutions from pilot projects to global deployment. Ongoing research, policy support, and investment will drive improvements. Collaboration between governments, industry, and academia is essential to accelerate progress. Moving toward a carbon-negative future. Carbon-negative engineering offers a path to not just slow climate change but reverse it. Technologies like direct air capture, BECCS, enhanced weathering, and soil carbon sequestration provide tools to remove CO2 from the atmosphere effectively. The key lies in combining these approaches with renewable energy and sustainable practices. While challenges remain, the potential benefits for the planet and future generations are immense. Supporting innovation and adopting carbon-negative solutions can help build a cleaner, healthier world.
Carbon Engineering, a leading cleantech company based in Squamish, in the Canadian province of British Columbia, is expanding with the acquisition of 1.8 hectares (4.5 acres) in the local Business Park area, as announced last week.
Carbon Engineering pilot plant in Squamish, B.C. that captures carbon dioxide directly from the atmosphere.
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About Carbon Engineering
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Acquired
Total Funding
$121.6M
Headquarters
Squamish, Canada
Founded
2009
Carbon Engineering is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today