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United invests in Svante

Published by , Editorial Assistant
Hydrocarbon Engineering,


United has announced its US$15 million investment in carbon capture technology company Svante, a company that provides materials and technology as part of the value chain that has the potential to convert carbon dioxide (CO2) removed from the atmosphere and from industrial emission sources into sustainable aviation fuel (SAF). This is the latest announced investment from the new UAV Sustainable Flight FundSM, a first-of-its-kind investment vehicle that is designed to leverage support from cross-industry businesses in order to support start-ups focused on decarbonising air travel through SAF research, technology and production.

The airline aims to be 100% green by reducing its greenhouse gas (GHG) emissions 100% by 2050, without relying on traditional carbon offsets. To date, United has invested in the future production of over 3 billion gal. of SAF – the most of any airline in the world.

“Carbon capture technology has the potential to be a critical solution in the fight to stop climate change and has the added benefit of helping us scale the production of SAF,” said United CEO, Scott Kirby. “And at United we’re building on that approach by investing in both companies that can capture CO2 and others that can turn it into fuel. There’s no question that this carbon utilisation is in its infancy today, but as a leader in sustainable flying we must help build the foundation to deploy this technology of the future as expediently as possible. This is truly a global imperative, and United’s investment in Svante reflects our dedication to making sustainable travel a reality.”

This investment was made as part of Svante’s Series E financing round and will fund and support Svante’s commercial-scale filter manufacturing facility in Vancouver, Canada. Svante is working with world-leading organisations, including Dimensional Energy, a carbon utilisation – CO2 to jet fuel – company that United Airlines Ventures invested in 2022.

“We are pleased to have the support of United Airlines as one of our world-class investors,” said Claude Letourneau, Svante’s President and CEO. “The airline industry has a huge opportunity to make a big impact on global decarbonisation – battling climate change through the transition to SAFs and other innovative technologies that will help the world achieve net zero. Their investment in companies like ours will aid in accelerating the commercialisation of carbon capture and removal technology.”

Svante is a leader in second-generation solid sorbent-based carbon capture and removal. The company’s scalable, eco-friendly, and commercially-available carbon capture and removal technology employs structured absorbent beds, known as filters. These filters can capture 95% of CO2 emissions from industrial sites as well as CO2 that is already in the air. Once the CO2 is captured, it is concentrated and can be used in the creation of SAF or other products. It can also be safely transported and stored underground.

Svante’s manufacturing facility is anticipated to produce enough filter modules to capture millions of tonnes of CO2/yr across hundreds of large-scale carbon capture facilities.

“It’s great to see United’s commitment to building an ecosystem for CO2) to SAF manifest through this significant investment in Svante,” said Jason Salfi, Dimensional Energy’s CEO. “The teams at Svante and Dimensional Energy are working together to design integrated systems for captured CO2 to SAF today. There is enough CO2 in the atmosphere and in industrial process emissions to provide all of the carbon necessary for the fuels and products people use every day now and into the future. Svante provides the first step toward a circular carbon economy.”

SAF is an alternative to conventional jet fuel that, on a life cycle basis, reduces GHG emissions associated with air travel compared to conventional jet fuel alone. SAF is made from used cooking oil and agricultural waste, and, in the future, could be made from other feedstocks, including household trash, forest waste, or compressed CO2, the end product of Svante’s carbon capture process.

Read the article online at: https://www.hydrocarbonengineering.com/the-environment/30032023/united-invests-in-svante/

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