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.
Company Size
51-200
Company Stage
Acquired
Total Funding
$121.6M
Headquarters
Squamish, Canada
Founded
2009
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