Avnos
Avnos is a company pioneering advanced Direct Air Capture (DAC) technology with a pilot plant in Bakersfield, California, and plans for further expansion.
Company Overview
Avnos is a company focused on Direct Air Capture (DAC) technology, with a pilot plant in operation in Bakersfield, California. The company specializes in commercializing advanced DAC solutions, specifically their proprietary Hybrid Direct Air Capture (HDAC) technology. Avnos employs a unique approach to invert the water paradigm in DAC, which enables the production of water, elimination of heat consumption, and reduction of costs. The company leverages air, electricity, and solid sorbents to capture both CO2 and water from ambient air.
HDAC Technology
Avnos’s proprietary Hybrid Direct Air Capture (HDAC) technology stands out in the field of Direct Air Capture (DAC). This HDAC solution has been designed to eliminate the significant heat consumption associated with traditional DAC processes through the use of a moisture swing adsorbent. Instead of requiring thermal adsorbents, Avnos's system uses only air, electricity, and solid sorbents. This approach minimizes costs and makes the system suitable for operation in water-scarce environments. The technology is projected to offer the most scalable and adaptable solution in the DAC market, aiming for the lowest Levelized Cost of Capture.
Pilot Plants and Demonstration Units
Avnos is operating one pilot plant in Bakersfield, California, with a second pilot plant under construction, supported by the U.S. Department of Energy and the U.S. Office of Naval Research. In addition, the company is developing its largest commercial demonstration unit, funded in collaboration with major sequestration partners. These initiatives are crucial for validating and scaling their HDAC technology.
Funding and Investments
Avnos has successfully secured significant funding to support its technological advancements and expansion. The company closed a $36 million Series A funding round led by NextEra Energy Resources. Further financial support has been garnered through strategic partnerships, raising an additional $80 million from notable investors including ConocoPhillips, JetBlue Ventures, and Shell Ventures.
Commercial Launch
In November 2023, Avnos launched the first commercial pilot of its HDAC technology. This milestone represents the company's commitment to advancing Direct Air Capture solutions and demonstrates the practical application of their proprietary HDAC system. The launch is expected to pave the way for broader adoption and commercial viability of Avnos’s DAC technology.