AirCapture develops scalable DAC units that could be integrated into customers’ industrial operations to enable a direct supply of CO2 into their production processes. In addition, the company provides carbon-to-product technologies for beverage carbonation, greenhouse farming, and the production of synthetic fuels, concrete, and dry ice. As of April 2022, Aircapture was also conducting engineering studies to geologically sequester CO2.
AirCapture manufactures bricks with thousands of small channels and a chemical coating that absorbs CO2. The system then uses low-temperature steam to release the CO2 for processing and storage.
Key customers and partnerships
In December 2021, AirCapture partnered with Synapse to optimize its system design, improve key performance metrics, and enhance manufacturability. In June 2022, AirCapture used 3D Systems’ 3D printing technology to create prototypes of its injection-molded parts. The partnership also enabled AirCapture to explore different surfaces and materials for DAC units.
In April 2022, AirCapture partnered with OCOchem, a CO2 conversion company, to engineer an integrated CO2 capture and conversion plant at Nutrien’s Kennewick Fertilizer Operations plant in Kennewick, Washington. In March 2023, AirCapture partnered with CarbonBuilt to install its technologies at the Block-Lite manufacturing facility in Arizona. In August 2023, the company collaborated with 8 Rivers to develop the Southeast DAC (SEDAC) hub in Alabama, a carbon capture project using the latter’s calcite technology. In September 2023, AirCapture partnered with 44.01 to deploy a DAC and mineralization project in Oman in late 2024.
Funding and financials
The company’s most recent funding round was in August 2023, when it received a grant of USD 20.5 million from the US Department of Energy (DOE) to deploy the SEDAC hub. Previously in April 2022, AirCapture received USD 2.9 million from the DOE for the integrated CO2 capture and conversion plant deployment.
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