TDK Ventures Invests in Spiritus to Transform Carbon Dioxide Removal
TDK CORP S/ADR (TTDKY)
NASDAQ:AMEX Investor Relations:
global.tdk.com/corp/en/ir/index.htm
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Source: Business Wire
Spiritus, a climate technology company, is changing the face of carbon dioxide removal (CDR) with an innovative direct air capture (DAC) technology that is set to remove the 20-billion tons of carbon from the atmosphere annually through 2050 necessary to limit global warming to 2oC or lower by 2100The company’s innovative technology combines a highly differentiated novel sorbent material, invented by Spiritus’ CTO, with an industry-leading, low-energy passive contacting approach capable of high rate-capture at low costsTDK Ventures is investing in Spiritus to scale its impact and accelerate deployment of a solution the entire world needs for a better and greener tomorrow SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures, Inc. has invested in CO2 removal startup Spiritus to accelerate the company’s innovative direct air capture (DAC) technology to market and to tip the scales in favor of removing billions of tons of carbon fr
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