Announcing an ENEOS Strategic Investment in AirMyne to Advance DAC Technology

We are excited to announce a strategic investment from ENEOS Holdings, Inc., a holding company of Japan’s largest energy company, ENEOS Corporation (ENEOS). This investment establishes a framework for long-term collaboration between ENEOS and AirMyne, aimed at advancing technology development and evaluating future pathways toward commercialization. ENEOS Holdings invested in AirMyne through its investment company ENEOS Innovation Partners Godo Kaisha.

AirMyne is developing a robust liquid solvent-based DAC technology designed for industrial scale, with low energy consumption, supply-chain security, and operational simplicity. The company integrates strong R&D and engineering capabilities with industrial collaboration to advance practical and cost-effective carbon removal solutions. AirMyne has gained extensive operational experience through internal pilot systems and is scheduled to break ground on a commercial pilot and demonstration plant next year, with the support of a grant from the California Energy Commission.

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As part of its fuels business transition roadmap, ENEOS is advancing the development and demonstration of industrial decarbonization solutions, including DAC, through startup investments and collaborative technology development. Through this partnership, ENEOS and AirMyne have embarked on a joint technical evaluation and plan to explore future industrial integration and project development opportunities in the United States, Japan, and global markets.

“Direct Air Capture is recognized as a strategically important technology warranting evaluation for industrial decarbonization,” said Masashi Shimanuki, General Manager, CVC Office, Corporate Planning Department, ENEOS. “AirMyne’s technology platform and engineering approach align well with ENEOS’s energy transition strategy. We look forward to advancing this collaboration as part of our broader commitment to carbon-neutral solutions.”

“We are honored to welcome ENEOS as a strategic industrial partner,” said Sudip Mukhopadhyay, Co-Founder & CEO of AirMyne. “AirMyne is building a world-class DAC technology, and this close collaboration strengthens our ability to accelerate cost reduction and commercial deployment.”

The partnership also reflects the growing importance of Japan–U.S. cooperation in climate technology innovation and carbon removal deployment.

About AirMyne, Inc.

AirMyne, Inc. is a Berkeley, California-based carbon removal company founded in 2022, developing a scalable, low-cost, and supply-chain-secure liquid solvent DAC system with low-temperature thermal regeneration.

About ENEOS Holdings

With “Supporting ‘today’s normal,’ taking the lead for ‘tomorrow’s normal’” as its commitment to realizing the Group Philosophy, ENEOS continues to take on the challenge of achieving both a stable supply of energy and materials and the realization of a carbon-neutral society.