Deep Sky, the Canadian carbon removal project developer, has sold carbon removal credits to its founding buyers including Royal Bank of Canada and Microsoft. In return, Deep Sky intends to facilitate the removal of 10,000 tons of CO2 from the atmosphere over a 10-year period via Deep Sky Labs, the world’s first carbon removal innovation and commercialization center.

Deep Sky has secured investment from two of Canada’s preeminent financial institutions. National Bank of Canada and BMO have collectively invested $2.5M CAD, demonstrating their support of Deep Sky’s development of carbon removal infrastructure.

Deep Sky, the Canadian carbon removal project developer, has selected a site in Innisfail, Alberta to build the world’s first carbon removal innovation and commercialization centre, Deep Sky Labs. Strategically located an hour north of Calgary, Innisfail is an emerging clean energy hub.

Deep Sky has made significant progress on its carbon removal projects in Québec. The work includes pre-feasibility studies in Bécancour and Thetford Mines to assess the geologic potential for carbon storage. Thoughtful community engagement work is underway in each location, ensuring transparent communication with local residents and stakeholders.

Deep Sky, the Canadian carbon removal project developer, and Sustaera, a US-based modular Direct Air Capture company, have signed a Memorandum of Understanding (MOU) to explore carbon removal technology in Canada.

Deep Sky, a Montréal-based carbon removal project developer, and Carbfix, the world’s first CO2 mineral storage operator, have partnered to explore CO2 mineral storage in Canada. A pre-feasibility study of Quebec’s potential reservoirs for CO2 mineral storage will conclude in June.

Deep Sky and Avnos have joined forces to deploy Hybrid Direct Air Capture (HDAC) technology in Canada. As part of its partnership with Deep Sky, Avnos will build and install a Hybrid DAC Air Handling Unit (AHU) at Deep Sky Labs in Canada, with the capacity to remove 450 tons of CO2 per year.

Deep Sky and Skyrenu have partnered to deploy carbon removal technology in Canada. As part of its partnership with Deep Sky, Skyrenu will deliver and install a DAC unit with the capacity to remove 50 tonnes of carbon dioxide per year.

Deep Sky and Airhive have partnered to deploy carbon removal technology in Canada. Airhive will deliver and install a modular DAC unit to be operated at Deep Sky's pilot facility in Quebec in 2024.

Deep Sky has chosen Isometric as its first Measurement, Reporting & Verification (MRV) protocol development partner. Isometric will work with Deep Sky to develop an MRV protocol that will ensure transparency and credibility.