Climeworks

Climeworks is a pioneering company in the field of direct air capture technology, focusing on removing carbon dioxide (CO2) from the atmosphere to help achieve net zero emissions. The company serves both individuals and businesses who are committed to sustainability and reducing their carbon footprint. Operating in the climate technology market, Climeworks utilizes modular collectors to selectively capture CO2 in a two-step process. The captured CO2 can either be stored permanently through mineralization or reused as a raw material in various industries. Climeworks' business model revolves around selling CO2 removal services and carbon credits, providing a scalable solution for climate-conscious clients. The company generates revenue by offering subscriptions and one-time purchases for CO2 removal, as well as partnerships with businesses aiming to meet their sustainability goals. Since launching its first direct air capture plant in 2017, Climeworks has expanded to operate 15 machines, including a large-scale plant in Iceland. This positions Climeworks as a leader in the fight against global warming, providing innovative solutions to reverse climate change.

Keywords: direct air capture, CO2 removal, net zero emissions, climate technology, modular collectors, carbon storage, sustainability, carbon credits, mineralization, climate change.