Phlair (formerly known as Carbon Atlantis) is developing an electrochemical process for direct air capture (DAC) – a technology that extracts Co2 directly from the atmosphere, for carbon dioxide storage or utilization- with what it says is one of the lowest capture costs in the field.
The Munich-based startup is the first European DAC company to be a supplier to Frontier, a group formed by McKinsey, Alphabet, Meta, Shopify and Stripe, which has made an over $1 billion advance market commitment to purchase permanent carbon removal before 2030.
Phalir is currently building two DAC plants:
*Electra 01 in Rotterdam with Swedish mineralization partner Paebbl to produce C02-negative building materials, while sequestering co2 from ambient air permantly.
*Electra 02 in Canada with Deep Sky, a Montreal-based gigaton-scale carbon removal project developer.
“One of the most pressing problems the world has right now is getting to Net Zero, “ says CEO Malte Feucht, who co-founded the company with two other graduates of the Technical University of Munich: Paul Teufel, and Steffen Garbe.“We offer an important puzzle piece with verifiable and permanent carbon removal.”
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