Exciting news! π Today, we're thrilled to announce a groundbreaking $57.1 million deal with Frontier Climate. This marks Frontier's largest purchase agreement to date and stands as one of the most significant offtake agreements in the carbon removal market's history. (cont'd π§΅)
They discussed how diverse, gigaton-scale tech can help us crush climate change & hit corporate CDR goals. It was an honor to share & learn!
#ERW#CDR#ClimateTech
Thank you to @XPRIZE and the @MuskFoundation for this incredible opportunity, and to our dedicated team and partners for their unwavering commitment to our mission!
Learn more about the competition and the incredible finalists here: https://t.co/micREtra4l
The final stage of the competition will take place over the next year, where we'll demonstrate our capability to efficiently remove thousands of tons of CO2, paving the way for megaton and eventually gigaton scale operations.
We're proud to stand out as the only US-based and US-deployed team recognized in the Rocks category. Our innovative approach not only permanently removes CO2 from the air but also enhances crop yields and soil health.Β π±π§βπΎπͺ¨
This $100 million global competition, funded by the Musk Foundation, aims to address one of humanity's greatest challenges: rebalancing Earth's carbon cycle. Finalists were rigorously evaluated across three key areas: Operations, Sustainability, and Cost.
Enhanced rock weathering is the coolest climate solution you don't know about.
Learn why @LithosCarbon was just promised $57 million to do it:
https://t.co/nHhJSL7m2P
In <2 yrs, @LithosCarbon has generated breakneck farmer demand while permanently sequestering atmospheric CO2.
Today, Lithos announced that Frontier buyers signed $57M in CDR offtakes -one of the largest climate tech deals ever.
π in @FastCompany: https://t.co/6ffAh87hVK
Congrats to @LithosCarbon and @MaryJYap on their $57m deal to remove 154,000 tons of CO2 over the next 4 years. Read more in @WIRED: https://t.co/SveUwV2mlG
@chandna@MaryJYap@LithosCarbon Also the world's largest deal in enhanced weathering! Lithos has crushed it. πͺπͺ¨
Thank you to @GreylockVC for supporting such high-potential teams!
A big reason @Workday is a Frontier member is that we benefit from world-class scientific due diligence from folks like @hausfath.
Great π§΅ on enhanced rock weathering as a CDR pathway in light of today's offtake agreement with @LithosCarbon π
Exciting news! π Today, we're thrilled to announce a groundbreaking $57.1 million deal with Frontier Climate. This marks Frontier's largest purchase agreement to date and stands as one of the most significant offtake agreements in the carbon removal market's history. (cont'd π§΅)
I've been working over the past year on a promising new pathway to remove carbon from the atmosphere: Enhanced Rock Weathering.
With today's $57 million offtake agreement with @LithosCarbon the approach has gone mainstream: https://t.co/4nA1Ve3JNV
A thread on the science: