Climeworks acquires assets of Dutch DAC company


Climeworks and Antecy both have develop technologies for capturing CO2 from ambient air. Antecy’s relevant assets have been acquired by Climeworks and the business activities of both Antecy and Climeworks will be conducted through Climeworks AG, Switzerland.


Climeworks and Antecy B.V., the Netherlands share the same goal of removing climate-relevant amounts of CO2 from the atmosphere and joining forces renders this goal more achievable. The combination of their technologies will result in even more powerful solutions for both carbon dioxide removal, as well as direct air capture (DAC) and CO2 utilization. The two DAC companies have been discussing a collaboration since mid-2018 and in April 2019, an agreement was reached to join forces and fully merge teams, technology development, brands and business activities. Climeworks has been capturing CO2 from ambient air since 2009 and has developed a portfolio of different sorbent materials, process technology, and plant designs. Its DAC solutions are characterized by a high degree of modularity, not only in terms of scale, but also of technologies implemented; in particular with regard to sorbent materials and related processes. Climeworks purposefully designed its modular CO2 collectors in a versatile manner – allowing them to use different sorbent materials and operate with different processes. Antecy has been developing non-amine based sorbent materials for CO2 capture since 2010. The Antecy team thereby bring with them more than a decade of expertise in alternative sorbent materials and process development and a corresponding IP portfolio – as well as customers and public funding bodies. Antecy’s sorbent materials offer particularly low-cost production routes. Joining forces strengthens and broadens the Climeworks technology portfolio, and will speed up the further development of Climeworks’ DAC technology. Climeworks co-founder and CEO Jan Wurzbacher: “Our DAC products are designed to be technology agnostic; our sole purpose is to deliver the most transparent and most scalable DAC solutions possible. By complementing our portfolio with new technologies such as those developed by Antecy, we can further strengthen our offerings to the market.” Antecy was founded by Paul O’Connor and Sasa Marinic in 2010. A team of Dutch innovators and developers developed a novel “non-amine” CO2 capturing sorbent and process technology. The company has filed and obtained several patents in this field. The “first of its kind” pilot of their novel process was constructed by Bronswerk Heat Transfer B.V. and demonstrated in 2019. The pilot project was co-financed by the European Fund for Regional Development. (Press release)