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Stock impact report

Global Thermostat commissions first containerized T-Series system for multi-tonne Direct Air Capture of carbon dioxide [Yahoo! Finance]

Cyanotech Corporation (CYAN) 
US:NASDAQ Investor Relations: ruscom.com/cyan/investors/investors.html
Company Research Source: Yahoo! Finance
COMMERCE CITY, Colo. Feb. 1, 2024 /PRNewswire/ -- Global Thermostat today announced it has commissioned the first containerized T-Series system for Direct Air Capture of carbon dioxide, which is designed to remove from tonnes to tens of tonnes per year from the atmosphere and aimed at smaller commercial and pilot applications. The T-Series joins Global Thermostat's K-Series modules, with a capacity of approximately a kilotonne (one thousand tonnes) of CO2 per year, the first of which has successfully operated since 2022 at the company's headquarters near Denver , and its M-Series modules, an even larger embodiment that can be grouped together to capture over a megatonne (one million tonnes) of CO2 per year. The design for the latter was recently completed with leading engineering firms, with support from the U.S. Department of Energy (DOE). The first T-Series system was built to supply a project called "Microalgae commodities production with a direct air capture process," which w Show less Read more
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