The startup spun out of UCLA with a way to zap CO2 out of seawater that also generates green hydrogen is partnering with project developer Deep Sky to open a commercial facility in Quebec in 2026.that says it can remove carbon dioxide from the atmosphere affordably while simultaneously making green hydrogen, is moving to commercialize the system with a large-scale $100 million plant in Quebec.
“The plant will allow us to get to below $100 per ton by 2030,” Equatic COO Edward Sanders told, factoring in projected revenue from hydrogen sales. Electricity will come from a “non-fossil source” though he declined to confirm it would be hydropower. “Engineering work starts now, with a goal of operating in 2026 – likely the end of 2026.”
Last month, Equatic began construction of a demonstration plant in Singapore that will use the same technology that’s going into the larger Quebec facility. It’s partnered with a local utility on that project and co-located with an existing desalination plant. While Equatic plans to announce a new funding round beyond the $30 million it raised in 2023, it’s already selling credits for about $500 per ton, Sanders said.
That’s achieved by using an energy-efficient electrolyzer to zap CO2 from seawater, which is also less energy-intensive than sucking it out of the air. Factor in the ability to offset those costs by selling carbon-free hydrogen, and it becomes an even more affordable approach, he said.
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