Swiss direct air capture (DAC) company Climeworks has acquired Netherlands-based DAC technology developer Antecy.
Climeworks revealed the news today, explaining the combination of the two companies’ technologies will result in even more powerful solutions for both carbon dioxide removal, as well as direct air capture and CO2 utilisation.
The two firms have been discussing a collaboration since mid-2018 and reached an agreement in April 2019 to fully merge teams, technology development, brands and business activites.
Antecy’s relevant assets have been acquired by Climeworks and the business activities of both Antecy and Climeworks will be conducted through Climeworks.
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