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United Invests $15M in Carbon Carbon Capture & Removal Technology Provider, Svante

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United Airlines is investing $15 million in a carbon capture startup developing technology that may eventually be used to capture and compress CO2 for use in creating sustainable aviation fuel (SAF), the company announced Wednesday.

  • The scaleup, Svante, plans to use the funds to manufacture carbon capture filters in Vancouver, Canada at commercial scale.

How it works: Svante’s filters are designed to capture carbon from industrial sites or the atmosphere. It’s then compressed for potential use in SAFs, or to be sequestered underground.

Catch up quick: It’s the latest investment from United’s Sustainable Flight Fund, a multimillion dollar, cross-industry effort to support SAF startups and R&D efforts.

What they’re saying: “Instead of just buying SAF, we’re taking the money to invest in companies that are building the industry,” United CEO Scott Kirby told Joann Muller at Wednesday’s What’s Next Summit.

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