KLIR Sky Ltd. provides Pollution Reduction as a Service (PRaaS) technology to reduce greenhouse gas emissions from industrial smokestacks. The company's patented Gas Processing and Liquefaction System (GPLS) connects directly to smokestacks to capture pollutants like carbon dioxide, methane, and carbon monoxide. The technology scrubs, condenses, and transforms these gases into salable assets. The KLIR Sky Machine is compact enough to fit in a standard shipping container and can be customized based on client requirements while using minimal electricity. The system enables companies to achieve near-net zero emissions while generating revenue through the sale of recycled gases and carbon credits. As of January 2024, each KLIR Sky Machine is estimated to generate monthly revenue of USD 300,000. The technology is in its final pre-commercialization stage with plans for its first deployment in the charcoal industry. The company aims to serve multiple sectors including charcoal production, electricity generation, heavy industry, and commercial/residential facilities that contribute to greenhouse gas emissions.
Key customers and partnerships
The company's first client implementation is scheduled in the charcoal industry, where facilities emit an estimated 71.2 million tons of carbon dioxide and 1.3 million tons of methane annually. The target market includes approximately 15,000 companies listed, with a particular focus on utilities, manufacturing, and transportation sectors that account for over 75% of all pollution-related damages.
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