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Carbon Engineering

Carbon Engineering

Founded in 2009, Carbon Engineering (CE) is a Canadian-based clean energy company. CE is focused on the global deployment of megaton-scale Direct Air Capture (DAC) technology that captures carbon dioxide (CO2) out of the atmosphere so it can be permanently stored deep underground or used to produce clean, affordable transportation fuels. From a pilot plant in British Columbia, CE has been capturing CO2 from the atmosphere since 2015 and converting it into fuels since 2017. Today, with its partner, 1PointFive, CE is engineering a large-scale, commercial DAC facility in the US that will capture one million tonnes of CO2 per year, equivalent to the work of 40 million trees. In the UK, with UK partner Storegga, it has also begun engineering and design of a facility that will permanently remove between 500,000 and one million tonnes of CO2 each year.

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About Carbon Engineering

Founded

2009

Estimated Revenue

$10M-$50M

Employees

51-250

Funding / Mkt. Cap

$110M

Category

Sector

Materials

Industry Group

Materials

Industry

Renewables & Environment

SIC Code

32

NAICs Code

21

Location

City

Squamish

State

British Columbia

Country

Canada

Tech Stack (80)

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