Skytree: turning atmospheric CO₂ right into a industrial useful resource

The UK Investor Magazine is joined by Rob van Straten, CEO of Skytree, a European Space Agency spin-off that builds machines to seize carbon dioxide instantly from the air. The know-how was initially developed to take away CO₂ from the environment aboard the International Space Station, and Skytree has tailored it to be used on Earth.

Find out more about Skytree’s crowdfunding round here.

Rob explains how the enterprise began and the issue it goals to unravel. Many industries rely on a gradual provide of CO₂ for his or her processes, with greenhouses among the many largest customers, but most of that offer is a by-product of fossil gasoline manufacturing and has been vulnerable to shortages.

Skytree’s machines produce a dependable, fossil-free on-site provide of CO₂, eradicating reliance on conventional provide chains. Rob sees this as a market value round $10bn, and one that may want new sources of CO₂ because the global community strikes past oil.

The dialog seems at the place Skytree sits within the wider direct air seize panorama and the way its method differs from better-known gamers akin to Climeworks. Rather than capturing carbon and counting on consumers of carbon elimination credit, Skytree sells CO₂ to industrial prospects who want it for his or her day-to-day operations, giving the enterprise a extra direct industrial footing.

Rob additionally outlines the corporate’s turnover mannequin. Skytree sells its machines at a margin and earns recurring earnings from upkeep, whereas a CO₂-as-a-service choice lets prospects purchase the gasoline as a substitute of the gear, with externally financed machines.

We focus on progress so far, the important thing milestones the corporate has achieved and the potential pipeline forward. They additionally cowl what Skytree is elevating funds for, why now’s the appropriate time, and why the corporate has chosen crowdfunding to lift capital. Investors can be part of Skytree’s Series B early at a 20% low cost.