How February and March fueled our scale-up journey

Dear friends of carbon removal,

We were excited to welcome four new customers in February and March who signed long-term carbon removal agreements with us: Swiss International Air Lines , the Lufthansa Group , the LEGO Group , and KIRKBI A/S ! Multi-year agreements are a cornerstone of Climeworks’ scale-up because they provide planning security for our ambitious milestones ahead, including the opening of our Mammoth plant and building Project Cypress in the U.S.

SWISS and Lufthansa Group: our first aviation partners

Both SWISS and the Lufthansa Group signed long-term agreements with Climeworks and are key first movers in the aviation industry who accelerate the scale-up of high-quality carbon removal.

SWISS is continuously developing its customer offerings for more sustainable flying with the aim of significantly increasing the use of sustainable aviation fuel and simultaneously supporting relevant climate technologies. In the future, SWISS’ customers will also have the opportunity to take climate action with Climeworks' carbon removal solution.

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We remove CO? from the air for the LEGO Group and KIRKBI

Climeworks' high-quality carbon removal service is now part of a broad portfolio of initiatives that the LEGO Group is putting in place to accelerate towards net zero. Our agreement spans over 9 years and is made in partnership with KIRKBI A/S, the family-owned holding and investment company of the LEGO? brand.

Our Chief Commercial Officer Jan Huckfeldt commented: "We’re proud to partner with a sustainability leader like the LEGO Group who takes bold steps to make net zero happen. We see demand growing across diverse sectors, including consumer goods, which shows that carbon removal rightly has a place in every company’s net zero strategy.”

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Final countdown on Mammoth

At the end of February, we were proud to announce that twelve of Mammoth’s 72 CO? collector containers arrived onsite and the preparations for the first CO? removal are underway – only 18 months after groundbreaking. Mammoth is an order of magnitude larger than our Orca plant and, therefore, an important milestone in Climeworks’ journey to reach megaton capacity by 2030 and gigaton scale by 2050.

We can’t wait to open Mammoth in May! Click the link below to read all about the Mammoth construction update and stay tuned for more #MammothExplained content on our LinkedIn channel.

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USD 50m for Project Cypress

We are thrilled to share an important update from the U.S. Last summer, we, alongside our partners Battelle and Heirloom , received Notification of Selection from the U.S. Department of Energy (DOE) ’s Office of Clean Energy Demonstrations (OCED) for our Project Cypress DAC Hub proposal.?And now, it’s official: with the initial award of USD 50m from OCED, Project Cypress will also mobilize USD 51m in private investment to begin the first phase of the DAC Hub that, when fully operational, is intended to remove 1 million tons of excess carbon dioxide from the air every year by 2030.?

Read the full press release

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We can get to net zero. And beyond.

So long friends, let's do this!

Your Climeworks Team