05/23/2024
BIG NEWS! Zero Carbon Systems has purchased Global Thermostat, marking a new era in our journey to deliver scalable carbon-negative solutions.
Global Thermostat already has the best-in-class core technology for Direct Air Capture of carbon dioxide, and Zero Carbon Partners’ engineering and ex*****on leadership will allow the scaleup of this technology to deliver market-leading performance to the megaton level and beyond.
As Zero Carbon Systems founder and CEO David Elenowitz noted, “We’ll be able to significantly increase the financial resources to speed up its market adoption. We also bring a highly experienced senior management team with a proven track record. We’ll be leveraging their ex*****on experience and abilities, with a clear focus on climate-scale deployments by the end of the decade.”
Now part of Zero Carbon Systems, we will develop, own, and operate plants for carbon removal and sequestration. We’ll have more to share on that in the coming months.
Read the full press release here: https://www.prnewswire.com/news-releases/zero-carbon-systems-acquires-global-thermostat-and-its-best-in-class-technology-to-capture-carbon-dioxide-from-the-air-302153089.html
/PRNewswire/ -- Global Thermostat, a pioneer in carbon dioxide removal, has been acquired by Direct Air Capture company Zero Carbon Systems. The combination...