LOS ANGELES, June 1 (Bernama-GLOBE NEWSWIRE) — Carbon removal company Equatic recently spun out from the UCLA Samueli School of Engineering’s Institute for Carbon Management to deploy the first technology that combines carbon dioxide (CO2) removal and carbon-negative hydrogen generation. Addressing both legacy and future emissions in a single process, the multi-product climate solution enables decarbonization at the scale, speed and cost necessary to mitigate climate change.
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.