Equatic inks hydrogen deal with Boeing

In California, Equatic said it has entered into a pre-purchase option agreement with Boeing, under which the former will remove 62,000 metric tons of carbon dioxide and will deliver 2,100 metric tons of carbon-negative hydrogen to Boeing.

“The aviation industry has an important role to play in global decarbonization efforts. Reaching aviation’s sustainability goals will require a multi-faceted approach and Boeing sees immense value in Equatic’s technology,” said Sheila Remes, Boeing’s Vice President of Environmental Sustainability. “SAF is enormously important to reaching the commercial aviation industry’s net zero by 2050 goal, and we are excited to partner with Equatic on both green hydrogen feedstock and carbon dioxide removal.”

Equatic currently operates two carbon removal pilots in Los Angeles and Singapore. The firm said that 100% of the CO2 removed from these pilots has been pre-sold, including via pre-purchase agreements with global payment solution provider, Stripe. Equatic expects to reach 100,000 metric tons of carbon removal per year by 2026.

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