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Ticker
-
Sector
Energy
Industry
Integrated Oil & Gas
Description
Air Capture was founded in 2020 with the tagline of "Putting Atmospheric CO2 to Work." The company specializes in carbon removal through their expertise in direct air capture, making them a leader in the field of carbon-negative technologies.
Their corporate description highlights their modular, on-site technology that captures CO2 from the air and integrates it directly into their customers' production processes. This innovative approach results in a greener, cleaner, and cheaper product, enabling businesses to become carbon neutral or even carbon negative.
Traditionally, commercially available CO2 production and distribution methods have contributed to greenhouse gas emissions, product impurities, and high transportation costs. Air Capture aims to address these issues by providing a more sustainable and efficient solution.
The company recognizes that reducing greenhouse gas emissions alone is not enough to combat climate change. They emphasize the importance of atmospheric carbon dioxide removal in addressing legacy emissions and developing sustainable carbon-negative infrastructure.
By utilizing atmospheric CO2, Air Capture believes that it is possible to reverse the damage already done and create new carbon-to-value industries. They also aim to alleviate energy poverty on a global scale by economically enabling their customers to build these industries.
Air Capture's mission is to achieve these goals through the use of Direct Air Capture (DAC) technology. DAC can be implemented in various locations without any natural or technical limitations on its scale. Additionally, the quantity of carbon dioxide removed through DAC is verifiable, making it a cost-effective solution in the present day.
High Growth
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