Alan Hatton, the Ralph Landau Professor of Chemical Engineering at MIT. Voskian began developing the company’s cost-effective and scalable technology for carbon capture in the lab of T. Alternative energies will only get humankind so far, and a vast removal of CO 2 will be an important tool in the race to remove the gas from the atmosphere. The search for viable carbon capture technologies has intensified in recent years, as scientific models show with increasing certainty that any hope of avoiding catastrophic climate change means limiting CO 2 concentrations below 450 parts per million by 2100. “It shows that the path we’ve chosen is the right one.” “While our core technology has been validated by the significant improvement of performance metrics, this external recognition further verifies our vision,” says Sahag Voskian SM ’15, PhD ’19, co-founder and chief technology officer at Verdox. This was the first round in the Musk Foundation’s four-year, $100 million-competition, the largest prize offered in history. Then, in April - after recognition as one of the year’s top energy pioneers by Bloomberg New Energy Finance - the company and partner Carbfix won a $1 million XPRIZE Carbon Removal milestone award. The carbon capture and removal startup, launched in 2019, announced $80 million in funding in February from a group of investors that included Bill Gates’ Breakthrough Energy Ventures. By most measures, MIT chemical engineering spinoff Verdox has been enjoying an exceptional year.
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