Gigablue News
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Gigablue Announces Largest Ocean Carbon Removal Agreement with SkiesFifty, Capturing 200,000 Tons Over Four Years
Gigablue, a provider of scalable carbon dioxide removal technologies, has signed an agreement with SkiesFifty for the sequestration of 200,000 tons of CO2 over the next four years. This partnership, which builds on their previous collaboration, includes a strategic investment by SkiesFifty in Gigablues marine-based carbon removal technology. The agreement highlights the scalability and effectiveness of Gigablues technology, which uses marine carbon fixation and sequestration methods. This initiative is part of SkiesFiftys mission to invest in scalable solutions for aviations net-zero goals. Gigablues technology leverages oceans to offer a cost-effective pathway for permanent carbon removal, aiming to remove a gigaton of CO2 by 2035. The partnership underscores the growing confidence in ocean-based carbon removal solutions and their role in achieving global net-zero goals.
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Strategic partnership aims to revolutionize ocean-based carbon removal — Gigablue
Clear Sky, RAIN, and Gigablue have announced a strategic partnership to scale up Gigablues carbon removal system and manage the distribution of carbon credits within the aviation and other hard-to-abate industries. Clear Sky, an investment company focused on aviation sustainability, will leverage its network and expertise to accelerate the adoption of Gigablues technology. The partnership comes at a critical time for global climate action, with increasing legislative mandates and the urgent need for effective decarbonization solutions.
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Most promising Israeli startups: 3 agtech companies to watch in 2024 | CTech
Bluewhite, Greeneye, and Gigablue have been ranked as the most promising Israeli agtech startups. Bluewhite has developed an autonomous robotic solution for diverse agricultural tasks, and recently raised $39 million in funding. Greeneye has developed a system that combines hardware and software to reduce herbicide use in farming by 88%. Gigablue focuses on large-scale carbon capture and removal, collaborating with merchant fleets, governments, and major corporations.
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