Quebec-based Deep Sky has secured a $40 million USD grant from Breakthrough Energy Catalyst, marking Catalyst’s first investment in Canada and in direct air capture (DAC) technology.
The funding supports Deep Sky Alpha, a DAC testing facility set to open by Spring 2025. The facility will trial multiple carbon removal technologies to identify scalable, cost-effective solutions for high-quality carbon credits.
CEO Damien Steel hailed the grant as a milestone for Deep Sky and the carbon removal industry, while Catalyst’s Mario Fernandez praised its potential to drive real-world innovation. Deep Sky aims to position Canada as a leader in carbon removal.
Want to know more? Check out the source code on CleanEnergy.ca.