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Halifax-based CarbonCure Technologies were one of two winners of the prestigious Carbon XPRIZE
CEO Rob Nicen stands alongside a CarbonCure truck and valve box (Photo: Courtesy of CarbonCure Technologies)
May 7, 2021
Removing carbon from the atmosphere while simultaneously creating a stronger, greener concrete seems too much of a win-win to be true. Yet that is exactly what Nova Scotian company CarbonCure Technologies has achieved and now they’re multi-million dollar grand prize winners, to boot.
The company’s signature technology which injects carbon dioxide sourced from industrial emitters into concrete, where it reacts with the cement within to form a mineral that strengthens the concrete overall was selected as one of the two winners of the NRG COSIA Carbon XPRIZE. Each winner was awarded a US$7.5 million prize (approximately C$9.2 million), for technology that converted the most carbon dioxide into the product with the highest value. (The other grand prize winner
Captured carbon dioxide could one day fuel an $800 billion industry
It sounds like science fiction, but for a select few, capturing carbon dioxide (CO2) from energy production emissions to create viable and economical carbon products is a hard-won reality that could breathe new life into the Powder River Basin and other coal communities.
In the five years following the 2015 commencement of the International Carbon X Prize competition, and its conclusion in 2020, where ten teams from five countries strove to identify new economical uses for captured carbon in the hopes of claiming one of two $7.5 million grand prizes, researchers and industry leaders have discovered how to utilize carbon in ways previously unimaginable.
Branson-backed Company Captures Mega Tons of Carbon Injected Into Concrete–and Amazon is Building Their HQ With It goodnewsnetwork.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goodnewsnetwork.org Daily Mail and Mail on Sunday newspapers.
Halifax, NS
This Halifax startup develops original optical filtering technologies for modern eyewear. Coloursmith is led by CEO Gabrielle Masone, who originally moved to the East Coast to attend Dalhousie University and stayed to build her company. The company raised a $600,000 pre-seed round in June 2019.
Coloursmith has had a global presence from the start, working with a number of world leaders in vision care. Its current focus is in medicine and eye protection, specifically blue-light blocking contact lenses. Coloursmith is also working on sport-specific lens applications, such as adding sport lenses to contacts, providing UV and anti-glare protection, and depth perception without compromising visibility.