Dimensional Energy is a solar-to-fuel startup that produces sustainable aviation fuel (SAF) by using CO2 and concentrated solar energy. The company’s innovative reactors convert CO2 into a feedstock chemical, which is further processed into synthetic jet fuel for the aviation sector. The company’s pilot reactor is deployed at Arizona for scaled-up testing.
The company plans to install a six-megawatt heliostat field to concentrate sunlight, producing 1,000 gallons of SAF per day at USD 2.70 per gallon by 2023. Dimensional Energy expected to scale up its SAF production to less than USD 1 per gallon by 2025.
Key customers and partnerships
In August 2022, Dimensional Energy partnered with Heliogen, to produce SAF from concentrated sunlight and green hydrogen, following the company’s agreement with United Airlines in June 2022 to supply at least 300 million gallons of SAF. In May 2023, the company signed a SAF offtake agreement with Boom Supersonic, a commercial airplane manufacturer, to supply up to five million gallons of SAF per annum. In May 2023, Dimensional Energy began CO2 utilization in Lafarge Canada’s Richmond Cement Plant in partnership with Svante and Lafarge Canada.
Funding and financials
The company’s most recent funding was in December 2023, when it raised USD 20 million in a Series A financing round led by Envisioning Partners. Previously in February 2022, Dimensional Energy received USD 3.1 million from the US Department of Energy to develop chemical reactors that convert CO2 into a chemical feedstock from 3D printing additive manufacturing systems.
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