Equatic Launches Low-Cost, Gigaton-Scale Technology to Decarbonize at Unprecedented Speed
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Wednesday, May 31, 2023
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Alongside the launch, Equatic is announcing that it has entered into a pre-purchase option agreement with Boeing, a leading global aerospace company.
Key Points:
- Alongside the launch, Equatic is announcing that it has entered into a pre-purchase option agreement with Boeing, a leading global aerospace company.
- Under the agreement, Equatic will remove 62,000 metric tons of carbon dioxide and will deliver 2,100 metric tons of carbon-negative hydrogen to Boeing.
- “The world has two unprecedented challenges: how to remove and permanently store gigatons of carbon dioxide and how to reduce our reliance on fossil fuels,” says Lorenzo Corsini, Principal Advisor at Equatic.
- “Equatic’s breakthrough technology absorbs carbon dioxide via the oceans and has the added benefit of generating green hydrogen as a by-product.