Deep Sky

Mark your calendars and join Phil De Luna at Carbon Catalyst on April 30th! Details 👇

Deep Sky's Max Dugan-Knight was interviewed by J.D. Miles from KTVT | CBS News Texas about the increased fire risk in Texas and the surrounding region, which has shot up dramatically in the past couple weeks to close to peak levels -- and it's only March. See the interview here 👉 https://lnkd.in/e3suVHB4 Read Deep Sky's wildfire report 👉 https://lnkd.in/eF3dieQw.

BBA is pleased to highlight the US$40 million grant awarded to our client, Deep Sky, by Breakthrough Energy Catalyst, a climate solutions fund founded by Bill Gates. This is the first grant the organization has awarded to a project in Canada.   The grant supports the construction of the Deep Sky Alpha project in Innisfail, Alberta—a global hub for innovation and commercialization of carbon removal solutions focused on direct air capture (DAC). When it’s commissioned in the spring, the hub will test up to 10 different DAC technologies simultaneously to identify the most effective and scalable solutions for removing CO₂ from the atmosphere.   BBA completed the detailed engineering for the Deep Sky Alpha hub in late 2024 and is now supporting the project’s execution through engineering, procurement and construction management (EPCM) mode.   Congratulations to Deep Sky!

A brush fire on New York’s Long Island began Saturday afternoon and has already burned 400 acres. Fire risk in Long Island has been significantly higher than in the rest of the US Northeast for the past few months. But it has risen dramatically in late February and early March. In fact, the risk has now hit levels that we usually don’t see until well into summer. This tracks closely with Deep Sky's research on how wildfire risk is changing. Many urban areas that are not used to wildfires are now vulnerable due to climate change. Fire risk this high in March is uncommon. This should be a warning sign of what’s in store in the coming months, as well as the coming years. Read the full report here 👇 https://lnkd.in/eDjGFeCi Max Dugan-Knight

Check out the latest edition of Reverse -- Deep Sky's monthly round-up of company, climate and industry news.

🌎 Un cadre réglementaire pour la séquestration géologique du carbone à venir: une avancée majeure pour le Québec! Le gouvernement du Québec s’apprête à encadrer la séquestration géologique du carbone, une étape clé pour accélérer la lutte contre les changements climatiques. Comme le souligne cet article du Devoir ⬇️, ces règles permettront d’assurer que le captage et le stockage du CO₂ se développent de manière sécuritaire et efficace. Chez Deep Sky, nous sommes convaincus que le Québec peut devenir un leader mondial en solutions de décarbonation.

Heading to CERAWeek? The Deep Sky team, including Phil De Luna and Charlie Renzoni, will be there all week to meet with customers, innovators, and investors in #CDR. Reach out directly to schedule a meeting!

We're excited to welcome Jose Acain to the Deep Sky team as Head of Engineering! Jose has over 15 years of experience driving innovation in disruptive technologies, from autonomous underwater vehicles to rockets and spacecraft. 🚀 His career spans industry leaders such as SpaceX, NASA - National Aeronautics and Space Administration, Bird, and Volkswagen's Electronics Research Laboratory. Most recently, he co-founded AstroForge, an aerospace startup, where he served as CTO, spearheading technology development and pushing the boundaries of space exploration. Interested in working with Jose and Deep Sky? Reach out to Jose directly and keep an eye out for open roles 👇 https://lnkd.in/eVkFcQzb

My latest in Forbes, "The Carbon Removal Market Isn’t Scaling Fast Enough, What Needs To Change?" breaks down the latest CDR Market Survey released today from CDR.fyi and Sylvera. Right now, momentum for climate action feels like it's stalling, especially in a world faced with multiple crises. The CDR Market Survey reveals that while carbon removal buyers are motivated and suppliers are scaling, key roadblocks remain: Uncertainty is stalling demand—65% of buyers want clearer net-zero standards before committing to durable CDR. Prices need to fall faster—While 80% of buyers have budgeted over $100/ton in 2024, but suppliers still need more to break even. Financing remains a major hurdle—68% of suppliers cite capital access as their biggest growth risk. The good news? Buyers plan to purchase more CDR, suppliers are scaling production, and costs are expected to drop. But we need stronger policies, clear standards, and financing solutions to make it happen. Read my article now here: https://lnkd.in/g6Bgm9VF Check out the CDR.fyi x Sylvera survey here: https://lnkd.in/gFrXtCNi

In case you missed it, Deep Sky's CEO Damien Steel was featured in The Wall Street Journal for a story about scaling carbon removal technologies. When “everybody wakes up one day and realizes our backs are against the wall, we’re going to be happy that we invested time and effort in learning about and scaling this technology,” Steel said. “We’ve shown we can do this in other industries. Look at the cost of solar. Look at the cost of sending a rocket ship to space. Don’t tell me that a whole world of engineers can’t figure out how to drive down the cost of DAC. It will happen. It just takes time.” Check out the full article 👇