AirMiners Awarded $300,000 in Department of Energy DAC EPIC Prize

Your unfiltered news center. ®

The world you see depends upon the news you get. ®

HOME

ARTS

RSS

Today's Date: May 1, 2024

Woman-Owned Intellectual Property Firm Begins Second Decade with Rebrand to SGIP • A NEW REPORT REVEALS THAT MOST WOMEN CONSIDER MENTAL HEALTH AT WORK HIGHLY IMPORTANT BUT DON'T USE WORKPLACE PROGRAMS • Children's Hope India Honors Three Female Entrepreneurs At Its Annual Spring Luncheon • Student Housing Operator Provides Exceptional On-Campus Living Experience • Government of Canada helps Calgary church protect itself against hate-motivated crimes • Pvolve Debuts Limited Edition Workout Experience Curated By Jennifer Aniston • Chazz Palminteri Joins Forces with JobSnap, Championing Working Men and Women Across the Country • Cookerly PR Adds DS Smith to Growing Client Roster • Pool Scouts Launches 2024 Hope Floats Campaign During National Water Safety Month • Macy's Honors Historically Black-Founded Fraternities of The Divine Nine® With Exclusive New Collection • Mazda Reports April Sales Results • PROPEL Announces a Series of Executive, Senior Leaders to Advance Efforts to Empower Historically Black Colleges and Universitie • Texas de Brazil partners with The Honor Foundation during the month of May to benefit Special Operations Forces • ASIAN HALL OF FAME ANNOUNCES 2024 INDUCTEES • Boys Hope Girls Hope of New York Surprised with $2 Million Gift from Mackenzie Scott • Marie Napoli Featured Among Top Super Lawyers® in 2024 New York Metro List • Jazwares Signs Sweet Co-Branding Deal With See’s Candies • Greenland Resources Provides Update • U. S. Steel Battery-Powered Locomotives Receive “Governor’s Award for Environmental Excellence” from the Penns • FOX News Media Names Diana Jachman and Nathaniel King as Recipients of Fifth Annual Dr. Charles Krauthammer Memorial Scholarship

AirMiners Awarded $300,000 in Department of Energy DAC EPIC Prize

SAN FRANCISCO , April 18 /Businesswire/ - The U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) has selected AirMiners as a finalist in the Direct Air Capture (DAC) Pre-Commercial Energy Program for Innovation Clusters (EPIC) Prize. AirMiners will receive a $300,000 cash prize for being selected as a Phase 2: “Move It” winner and will advance to Phase 3: “Prove It.” Earlier this month, AirMiners was awarded a $150,000 prize from the U.S. Department of Energy (DOE) Energy Program for Innovation Clusters (EPIC) Round 3.

The DAC EPIC Prize is a three-phase competition for incubators to propose new programming to support innovators working on equitable, hard-tech DAC solutions. The awards total up to $3.7 million in cash prizes to incubator teams that submit and implement creative and impactful plans to support entrepreneurs and innovators in the DAC space and create meaningful community engagement.

“Clean-tech incubators, like the DAC EPIC Prize finalists, are critical to development of the direct air capture (DAC) industry,” said Eli Cain, DAC Prizes Lead at the National Renewable Energy Laboratory. “We are thrilled with the programming developed by the DAC EPIC Prize finalists and look forward to what they will accomplish in the next phase.”

“We applaud the DOE for recognizing how crucial it is to solve for gigaton-scale carbon removal. In only the first two years of our program, our 150 startup graduates secured $110 million of venture capital and grants. This includes three teams who won XPRIZE milestone awards,” said Tito Jankowski, AirMiners CEO. “These startups are removing carbon. They’ve also made carbon removal credit sales to big names like Frontier, Shopify, and Milkywire Climate Transformation Fund.”

About AirMiners

AirMiners is on a mission to remove a billion tons of carbon dioxide cumulatively by 2030. Startup founders are invited to apply to the AirMiners Launchpad carbon removal accelerator. To learn more visit http://airminers.com, or follow on X/Twitter @airminers or LinkedIn.