“We are harnessing the basic building blocks of life on Earth—water and sunlight—to create a financially sustainable carbon removal solution,” said Ori Shaashua, Gigablue’s co-founder and CCO.

This effort ensures that Gigablue is operating to the highest standards possible in the voluntary carbon market.

“The solution we have developed was designed to be the ideal combination of affordability and scalability,” says Ori Shaashua, Gigablue Co-Founder & CCO.

Under the new agreement, over four years Gigablue will sequester 200,000 tonnes of CO2 - the largest deal of its kind.

Gigablue signs a 200,000 ton carbon removal agreement with sustainable aviation investor SkiesFifty.

New York-based Gigablue uses biogeochemistry to trap carbon in a substrate with phytoplankton, which sinks deep to the ocean floor.

“Gigablue’s ocean-based CDR solution. It stood out due to its combination of environmental safety, durability, scalability, and robust scientific measurement,” said Simon Talling-Smith, Founding Partner at SkiesFifty.

“Carbon removals are a critical part of the decarbonization story, and Gigablue has one of the most effective, scalable and sustainable carbon capture solutions we have seen to date,” said Krishnan Narayanan, the COO of RAIN and a Founding Partner at ClearSky.