Dec 19 2024
Skytree today announced the acquisition of Dutch direct air capture (DAC) startup ReCarbn. The acquisition will integrate ReCarbn’s intellectual property, most notably its innovation in filtration and sorbent circulation, into Skytree’s DAC product portfolio. In addition, all three ReCarbn co-founders — Guus Dubbink (CEO), Ewout Ruijs (CPO), and Sophia Hummelman (CCO) — will join the Skytree team, bringing unique expertise in research and development, product strategy, and commercial finance, respectively.
ReCarbn was founded in 2022 as a spin-off from the University of Twente, a globally-renowned hub for advanced DAC research. Within two years, its founding team developed and commercialized patent-pending filtration and chemical sorbent circulation technologies designed to reduce energy consumption, cycle time, and carbon capture costs. ReCarbn’s track record extends beyond its technology, secured valuable partnerships, launched customers, and secured public investments, which together positioned it as a top innovator in DAC. The acquisition will also enable Skytree to form a closer collaboration with the University of Twente, which will expedite breakthrough advancements in DAC.
The acquisition follows major announcements from Skytree, including its role as the exclusive technology provider for Project Concho, a forthcoming $100 million, 500,000-tonne capacity DAC hub in Texas that is expected to be the world’s first 100% wind-powered DAC hub. In October, Skytree announced that it had opened two North American locations to support Canadian and American DAC projects as the company expands globally.