Svante Inc., formerly known as Inventys Inc., and Climeworks AG have agreed to collaborate on the development of carbon capture technology solutions to help customers transition to a net-zero emissions future.
The carbon capture technology companies hope to scale up their solutions faster under the Joint Development Agreement (JDA).
The combination of Switzerland-based Climeworks revolutionary DAC solutions with Canada-based Svantes source capture technology will support further development of climate-positive carbon solutions for both carbon removal and industries with unavoidable emissions.
Both companies aim to prevent climate-relevant amounts of carbon dioxide (CO2) from going into our atmosphere or removing them from air.
