Skyonic Corp., an Austin-based carbon-capture technology company, has been awarded a $500,000 CAD grant from the Climate Change and Emissions Management Corporation (CCEMC), an Alberta-based non-profit that provides funds to reduce greenhouse gas emissions.
Funds will support the research and development of the pilot plant for Skyonic’s SkyCycle technology.
“We are working quickly to bring SkyCycle(TM) to scale,” said Joe Jones, CEO, president and founder of Skyonic. “SkyCycle was designed to put profitable carbon-capture technology in the reach of any stationary emitter. We’re continuing to drive the cost of carbon capture down below the level where it becomes an economically viable solution, as well as expanding the market for our outputs by producing a different set of carbon-negative mineral byproducts.”
SkyCycle is Skyonic’s third emissions management technologies product.
The company’s electrolytic carbon capture process SkyMine® is currently being deployed at a commercial scale at the Capitol Aggregates Cement Plant in San Antonio, where it is expected to be operational by the end of this year.
The plant will be the first commercial-scale carbon capture and mineralization plant in the United States.
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