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Spiritus

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uuid0000hjb

Namestring
Spiritus
Legal namestring
Spiritus Technologies, PBC
Websiteurl
spiritus.com
Company typeenum
Private
Founded yearint
2023
Descriptiontext

Spiritus Technologies, PBC is a US-based climate tech company developing third-generation direct air capture (DAC) technology spun out of Los Alamos National Laboratory. Its core platform, SpiritusDAC, centers on a proprietary solid sorbent (the artificial 'fruit') deployed in passive air-contacting arrays ('trees') within modular Carbon Orchard sites, paired with a low-temperature (<212°F) non-TVSA desorption process that releases CO2 using waste heat or electricity. The company targets <$100/ton levelized carbon removal versus an industry benchmark of $600-$1,000/ton, <1 MWh per ton energy intensity, and <$500/t/y CAPEX.

The business model is built around two monetization streams: (i) sale of permanent, geologically sequestered carbon dioxide removal (CDR) credits via pre-purchase agreements and offtake contracts to enterprise buyers (Frontier coalition members including Stripe, Shopify, Alphabet, Meta, JP Morgan, plus marketplace partners Watershed, Cloverly, and Terraset), supplemented by Section 45Q tax credits of $180/ton; and (ii) Orchard Power, a newer product line that integrates Spiritus' DAC with natural gas generation to deliver firm, dispatchable, life-cycle net-zero electricity for power-intensive customers such as AI hyperscale data centers. Pricing for early credits has been ~$700/ton (Frontier development grant pricing on 713 tons), with a target sub-$100/ton at commercial scale.

Operational footprint includes the Nambé Pueblo pilot facility in New Mexico (~1,000 tpy, coming online in 2025), Garden One sorbent manufacturing in Lee's Summit, Missouri (37,500 sq ft, 30 projected jobs), and Orchard One in Casper, Wyoming (designed for >1 Mtpa, Class VI permit filed). Spiritus has raised approximately $41M in disclosed funding across a 2023 seed (Khosla Ventures-led, $11M) and a March 2025 Series A (Aramco Ventures-led, $30M), with additional backing from Mitsubishi Heavy Industries America, TDK Ventures, and Page One Ventures; an Aramco MoU (May 2024) frames Saudi Arabia expansion, and a Prometheus Hyperscale partnership (October 2025) anchors Orchard Power demand for a 1.5 GW Wyoming AI data center campus.

Short descriptiontext

Spiritus is a climate tech company that develops third-generation direct air capture technology using a proprietary solid sorbent and low-temperature desorption, selling permanent CDR credits to enterprise buyers and carbon-negative electricity (Orchard Power) to AI data center operators.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAlbuquerque, United States
HQ citystring
Albuquerque
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
direct air capture, carbon dioxide removal, carbon capture technology, modular carbon orchard, carbon-negative electricity
Industry3 codes
1Direct Air Capture (DAC) Systems & Plants
CodeEUABAFAAPrimaryYes
2Direct Air Capture (DAC) Project Development
CodeEUABABAJPrimaryNo
3Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs)
CodeEUABAFALPrimaryNo
NAICS code3 codes
  • Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing333413
  • Industrial Gas Manufacturing32512
  • Steam and Air-Conditioning Supply22133
SIC code2 codes
  • Industrial & Commercial Fans & Blowers & Air Purifing Equip3564
  • Steam & Air-Conditioning Supply4961
Product category
Direct Air Capture / Carbon Dioxide Removal
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Carbon Dioxide Removal (CDR) Credits
TypeSubscription Recurring
Description

Spiritus sells permanent carbon dioxide removal credits (tonnes of CO₂ geologically sequestered) to corporate buyers through pre-purchase agreements and offtake contracts. The company sells directly and through founding partners Watershed, Cloverly, and Terraset. Customers pre-purchase credits years in advance, providing capital to support technology development and facility construction. Pricing is sub-$100/ton at scale, with Frontier having paid ~$500,000 for 713 removal credits (~$700/ton) as an early development grant. Section 45Q tax credits of $180/ton for DAC add further government revenue support.

spiritus.com
2Orchard Power — Integrated Energy with Carbon Management
TypeSubscription Recurring
Description

Through the Orchard Power platform, Spiritus delivers firm, dispatchable electricity generated by high-efficiency natural gas paired with integrated carbon capture (both point-source and direct air capture), providing power-intensive customers (e.g., AI data centers) with carbon-negative electricity as a service.

spiritus.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales
Pricing details1 tier
1Early-stage carbon removal credits at ~$700/ton (development grant pricing)
ModelOutcome Based/ PerformanceBilling cadenceOne time/ perpetual license
Notes

Frontier paid ~$500,000 for 713 removal credits (~$700/ton) — described as a development grant rather than indicative of commercial pricing. This pre-purchase was structured to support technology validation.

spiritus.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Spiritus develops and operates third-generation direct air capture (DAC) technology that removes CO2 from ambient air using a proprietary solid sorbent ("Fruit" balls) deployed in passive air-contacting arrays ("trees") within modular "Carbon Orchard" facilities, paired with a low-temperature (<212°F) non-TVSA desorption process and permanent on-site geological sequestration. The company sells verified carbon dioxide removal (CDR) credits to enterprise buyers and, through its Orchard Power platform, delivers firm carbon-negative electricity to AI data centers and industrial customers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Spiritus is a climate tech company offering a direct air capture (DAC) technology platform built around its proprietary sorbent material and Carbon Orchard system. The core product portfolio includes: the SpiritusDAC/Carbon Orchard System (the foundational DAC technology using passive sorbent air contacting), the Spiritus Sorbent 'Fruit' (spherical sorbent units manufactured at Garden One), Carbon Dioxide Removal services (verified CDR below $100/ton), and Orchard Power (integrated power generation combining DAC with natural gas). Major deployments include Orchard One in Wyoming (flagship project targeting 1+ million tons/year), the Pueblo of Nambé Pilot Facility in New Mexico (1,000 tons/year prototype), and Garden One in Missouri (sorbent manufacturing). The company operates a modular, scalable approach enabling megaton-capacity carbon removal with geological sequestration.

Product and service2 records
1Carbon Dioxide Removal (CDR) Credits
CategoryCarbon Dioxide Removal Service
Description

Verified, permanent carbon dioxide removal credits (tonnes of CO2 geologically sequestered) sold to enterprise buyers through pre-purchase agreements and offtake contracts. Designed for corporations with science-based net-zero and ESG targets that need durable, high-quality CDR at sub-$100/ton economics at scale, with current pre-purchasers including Stripe, Shopify, Alphabet, Meta, JP Morgan and other Frontier coalition members.

2Orchard Power
CategoryCarbon-Negative Power Service
Description

Integrated carbon-negative electricity platform that pairs Spiritus' low-cost, low-temperature DAC with high-efficiency natural gas generation to deliver firm, dispatchable, life-cycle net-zero power without intermittency and with faster time-to-market than SMRs or nuclear. Targeted at AI hyperscale data centers and power-intensive industrial customers such as the 1.5 GW Prometheus Hyperscale Wyoming campus.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-20
Description

The core technology was developed and spun out of Los Alamos National Laboratory. Co-founder and CTO Matt Lee worked at the lab. Spiritus' partnership with Pueblo of Nambé brings together Spiritus, NPDC, and Los Alamos National Laboratory to accelerate breakthrough solutions in carbon removal.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-07
Description

Strategic partnership to build a carbon-negative digital infrastructure campus in Wyoming. Prometheus will build 1.5 GW AI-ready data center; Spiritus will deploy its Orchard Power platform to deliver firm, carbon-negative electricity. Project is a minimum $500M investment. First firm power expected by 2026. Captured CO₂ permanently stored in Casper Carbon Capture's sequestration wells.

3Casper Carbon Capture
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-07
Description

Strategic partner managing CO₂ sequestration wells for the Prometheus hyperscale partnership and for Spiritus' Orchard One project in Wyoming. They provide the geological storage infrastructure — deep underground rock formations — for permanent CO₂ sequestration.

spiritus.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-12-01
Description

Provided the pilot facility site on Nambé Pueblo tribal land in New Mexico. Leased ~10,300 sq ft warehouse on 1 acre at $850,000 over six years. NPDC navigated Spiritus through building a network of trusted vendors and provided crucial infrastructure enhancements. Partnership highlights Spiritus' model for working with tribal nations to build social license for CDR operations.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-08-08
Description

Advance market commitment backed by Stripe, Alphabet, Shopify, Meta, and McKinsey. Facilitated $500,000 pre-purchase of 713 removal credits from Spiritus. Frontier acts as a buyer/aggregator, enabling Spiritus credits to reach the coalition's members. Spiritus is selected as a supplier in Frontier's carbon removal marketplace.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-03-19
Description

Selected as a supplier in Watershed's carbon removal marketplace. Founding partner selling Spiritus credits to enterprise customers. One of the first carbon pre-purchase customers for Orchard One.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-03-19
Description

Climate platform enabling individual citizens and companies to purchase carbon removal credits. Founding partner selling Spiritus credits alongside Watershed and Cloverly.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-03-19
Description

Carbon offset/removal platform listed as a founding partner alongside Watershed and Terraset for selling Spiritus carbon removal credits.

Strategic tierMinorTypeOthersAnnounced on2024-03-19
Description

Project partner for Orchard One in Wyoming, listed among the project's partner organizations alongside SALOF, Wood, Puro.earth, Tetra-Tech, and Orrick.

Strategic tierMinorTypeOthersAnnounced on2024-03-19
Description

Project partner for Orchard One in Wyoming, providing engineering and technical services for the project.

Strategic tierMinorTypeOthersAnnounced on2024-03-19
Description

Project partner for Orchard One in Wyoming, providing technical consulting services.

Strategic tierMinorTypeOthersAnnounced on2024-03-19
Description

Project partner for Orchard One, providing CO₂ removal verification and certification services.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Swiss-headquartered pioneer in commercial DAC using solid sorbent technology. Direct competitor in selling permanent CDR credits to enterprise buyers; Climeworks' Mammoth plant is the closest analog to Spiritus' Orchard One in scale and ambition.

TypeDirect peer
Description

California-based DAC company using limestone-based sorbents. Direct competitor in the voluntary CDR market with similar enterprise customer base and Frontier coalition participation.

TypeDirect peer
Description

Operates STRATOS, the world's largest announced DAC facility in Texas. Direct competitor in scaling megaton-capacity DAC, backed by an integrated oil & gas parent (Occidental) — analogous to Spiritus' Aramco relationship.

TypeDirect peer
Description

US-based DAC company developing megaton-scale facilities. Competes directly in the same DAC project development, financing, and offtake space as Spiritus.

TypeDirect peer
Description

Earlier-stage DAC competitor pursuing solid sorbent capture at commercial scale. Direct technology and market peer selling CDR credits to enterprise customers.

TypeEmerging player
Description

DAC company using electrochemical seawater processing to capture CO2 while producing hydrogen. Adjacent competitor in the durable CDR market with a differentiated process.

7RepAir Technology
TypeEmerging player
Description

Israel-based DAC startup using electro-swing adsorption. Competes in the same low-cost, energy-efficient DAC niche as Spiritus, though at earlier stage.

TypeEmerging player
Description

California-based DAC startup developing hybrid sorbent systems with water co-capture. Emerging competitor in the next-generation DAC space targeting cost reductions similar to Spiritus' <$100/ton goal.

TypeBroad incumbent
Description

Carbon capture and recycling company converting waste gases to fuels and chemicals. Broader carbon capture incumbent that Spiritus hired from (Mayur Sathe) and that operates in adjacent parts of the decarbonization value chain.

TypeOthers
Description

Enterprise carbon management platform and Spiritus' channel partner. Not a DAC operator but the dominant corporate carbon accounting and CDR marketplace, making it the most consequential ecosystem player for Spiritus' go-to-market.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Spiritus

Direct Air Capture / Carbon Dioxide Removalspiritus.com

Spiritus is a climate tech company that develops third-generation direct air capture technology using a proprietary solid sorbent and low-temperature desorption, selling permanent CDR credits to enterprise buyers and carbon-negative electricity (Orchard Power) to AI data center operators.

What Spiritus does

Spiritus Technologies, PBC is a US-based climate tech company developing third-generation direct air capture (DAC) technology spun out of Los Alamos National Laboratory. Its core platform, SpiritusDAC, centers on a proprietary solid sorbent (the artificial 'fruit') deployed in passive air-contacting arrays ('trees') within modular Carbon Orchard sites, paired with a low-temperature (<212°F) non-TVSA desorption process that releases CO2 using waste heat or electricity. The company targets <$100/ton levelized carbon removal versus an industry benchmark of $600-$1,000/ton, <1 MWh per ton energy intensity, and <$500/t/y CAPEX.

The business model is built around two monetization streams: (i) sale of permanent, geologically sequestered carbon dioxide removal (CDR) credits via pre-purchase agreements and offtake contracts to enterprise buyers (Frontier coalition members including Stripe, Shopify, Alphabet, Meta, JP Morgan, plus marketplace partners Watershed, Cloverly, and Terraset), supplemented by Section 45Q tax credits of $180/ton; and (ii) Orchard Power, a newer product line that integrates Spiritus' DAC with natural gas generation to deliver firm, dispatchable, life-cycle net-zero electricity for power-intensive customers such as AI hyperscale data centers. Pricing for early credits has been ~$700/ton (Frontier development grant pricing on 713 tons), with a target sub-$100/ton at commercial scale.

Operational footprint includes the Nambé Pueblo pilot facility in New Mexico (~1,000 tpy, coming online in 2025), Garden One sorbent manufacturing in Lee's Summit, Missouri (37,500 sq ft, 30 projected jobs), and Orchard One in Casper, Wyoming (designed for >1 Mtpa, Class VI permit filed). Spiritus has raised approximately $41M in disclosed funding across a 2023 seed (Khosla Ventures-led, $11M) and a March 2025 Series A (Aramco Ventures-led, $30M), with additional backing from Mitsubishi Heavy Industries America, TDK Ventures, and Page One Ventures; an Aramco MoU (May 2024) frames Saudi Arabia expansion, and a Prometheus Hyperscale partnership (October 2025) anchors Orchard Power demand for a 1.5 GW Wyoming AI data center campus.

Spiritus firmographics

Firmographics
Name
Spiritus
Legal name
Spiritus Technologies, PBC
Website
https://spiritus.com
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
11–50 employees
Short description
Spiritus is a climate tech company that develops third-generation direct air capture technology using a proprietary solid sorbent and low-temperature desorption, selling permanent CDR credits to enterprise buyers and carbon-negative electricity (Orchard Power) to AI data center operators.
Ownership category
akta.pro rank

Spiritus industry classification

Industry
Product category
Direct Air Capture / Carbon Dioxide Removal
NAICS
Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Industrial Gas Manufacturing (32512), Steam and Air-Conditioning Supply (22133)
SIC
Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Steam & Air-Conditioning Supply (4961)
akta.pro primary industry
Direct Air Capture (DAC) Systems & Plants (EUABAFAA)
akta.pro secondary industries
Direct Air Capture (DAC) Project Development (EUABABAJ), Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL)

Keywords

  • Direct air capture
  • Carbon dioxide removal
  • Carbon capture technology
  • Modular carbon orchard
  • Carbon-negative electricity

Where Spiritus is headquartered

Location

Headquarters

HQ city
Albuquerque
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Spiritus business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Technology or R&D, Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

  1. Carbon Dioxide Removal (CDR) Credits: Spiritus sells permanent carbon dioxide removal credits (tonnes of CO₂ geologically sequestered) to corporate buyers through pre-purchase agreements and offtake contracts. The company sells directly and through founding partners Watershed, Cloverly, and Terraset. Customers pre-purchase credits years in advance, providing capital to support technology development and facility construction. Pricing is sub-$100/ton at scale, with Frontier having paid ~$500,000 for 713 removal credits (~$700/ton) as an early development grant. Section 45Q tax credits of $180/ton for DAC add further government revenue support.
  2. Orchard Power — Integrated Energy with Carbon Management: Through the Orchard Power platform, Spiritus delivers firm, dispatchable electricity generated by high-efficiency natural gas paired with integrated carbon capture (both point-source and direct air capture), providing power-intensive customers (e.g., AI data centers) with carbon-negative electricity as a service.

Pricing tiers

ModelBillingPrice
Outcome Based/ PerformanceOne time/ perpetual licenseEarly-stage carbon removal credits at ~$700/ton (development grant pricing)

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Spiritus product offering

Product offering

Core offering

Spiritus develops and operates third-generation direct air capture (DAC) technology that removes CO2 from ambient air using a proprietary solid sorbent ("Fruit" balls) deployed in passive air-contacting arrays ("trees") within modular "Carbon Orchard" facilities, paired with a low-temperature (<212°F) non-TVSA desorption process and permanent on-site geological sequestration. The company sells verified carbon dioxide removal (CDR) credits to enterprise buyers and, through its Orchard Power platform, delivers firm carbon-negative electricity to AI data centers and industrial customers.

Product overview

Spiritus is a climate tech company offering a direct air capture (DAC) technology platform built around its proprietary sorbent material and Carbon Orchard system. The core product portfolio includes: the SpiritusDAC/Carbon Orchard System (the foundational DAC technology using passive sorbent air contacting), the Spiritus Sorbent 'Fruit' (spherical sorbent units manufactured at Garden One), Carbon Dioxide Removal services (verified CDR below $100/ton), and Orchard Power (integrated power generation combining DAC with natural gas). Major deployments include Orchard One in Wyoming (flagship project targeting 1+ million tons/year), the Pueblo of Nambé Pilot Facility in New Mexico (1,000 tons/year prototype), and Garden One in Missouri (sorbent manufacturing). The company operates a modular, scalable approach enabling megaton-capacity carbon removal with geological sequestration.

Differentiator

Problem solved

Functional benefit

Products and services

  • Carbon Dioxide Removal (CDR) Credits Verified, permanent carbon dioxide removal credits (tonnes of CO2 geologically sequestered) sold to enterprise buyers through pre-purchase agreements and offtake contracts. Designed for corporations with science-based net-zero and ESG targets that need durable, high-quality CDR at sub-$100/ton economics at scale, with current pre-purchasers including Stripe, Shopify, Alphabet, Meta, JP Morgan and other Frontier coalition members.
  • Orchard Power Integrated carbon-negative electricity platform that pairs Spiritus' low-cost, low-temperature DAC with high-efficiency natural gas generation to deliver firm, dispatchable, life-cycle net-zero power without intermittency and with faster time-to-market than SMRs or nuclear. Targeted at AI hyperscale data centers and power-intensive industrial customers such as the 1.5 GW Prometheus Hyperscale Wyoming campus.

Companies that use Spiritus

Customer profile

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Spiritus technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Spiritus partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core and minor.

  • Los Alamos National LaboratorycoreStrategic or Co-development Partner · 20 November 2025The core technology was developed and spun out of Los Alamos National Laboratory. Co-founder and CTO Matt Lee worked at the lab. Spiritus' partnership with Pueblo of Nambé brings together Spiritus, NPDC, and Los Alamos National Laboratory to accelerate breakthrough solutions in carbon removal.
  • Prometheus HyperscalecoreStrategic or Co-development Partner · 7 October 2025Strategic partnership to build a carbon-negative digital infrastructure campus in Wyoming. Prometheus will build 1.5 GW AI-ready data center; Spiritus will deploy its Orchard Power platform to deliver firm, carbon-negative electricity. Project is a minimum $500M investment. First firm power expected by 2026. Captured CO₂ permanently stored in Casper Carbon Capture's sequestration wells.
  • Casper Carbon CapturecoreStrategic or Co-development Partner · 7 October 2025Strategic partner managing CO₂ sequestration wells for the Prometheus hyperscale partnership and for Spiritus' Orchard One project in Wyoming. They provide the geological storage infrastructure — deep underground rock formations — for permanent CO₂ sequestration.
  • Nambé Pueblo Development Corporation (NPDC)coreStrategic or Co-development Partner · 1 December 2024Provided the pilot facility site on Nambé Pueblo tribal land in New Mexico. Leased ~10,300 sq ft warehouse on 1 acre at $850,000 over six years. NPDC navigated Spiritus through building a network of trusted vendors and provided crucial infrastructure enhancements. Partnership highlights Spiritus' model for working with tribal nations to build social license for CDR operations.
  • Frontier ClimatecoreChannel Partner/ Reseller/ Distributor · 8 August 2024Advance market commitment backed by Stripe, Alphabet, Shopify, Meta, and McKinsey. Facilitated $500,000 pre-purchase of 713 removal credits from Spiritus. Frontier acts as a buyer/aggregator, enabling Spiritus credits to reach the coalition's members. Spiritus is selected as a supplier in Frontier's carbon removal marketplace.
  • WatershedcoreChannel Partner/ Reseller/ Distributor · 19 March 2024Selected as a supplier in Watershed's carbon removal marketplace. Founding partner selling Spiritus credits to enterprise customers. One of the first carbon pre-purchase customers for Orchard One.
  • TerrasetminorChannel Partner/ Reseller/ Distributor · 19 March 2024Climate platform enabling individual citizens and companies to purchase carbon removal credits. Founding partner selling Spiritus credits alongside Watershed and Cloverly.
  • CloverlyminorChannel Partner/ Reseller/ Distributor · 19 March 2024Carbon offset/removal platform listed as a founding partner alongside Watershed and Terraset for selling Spiritus carbon removal credits.
  • Live-OakminorOthers · 19 March 2024Project partner for Orchard One in Wyoming, listed among the project's partner organizations alongside SALOF, Wood, Puro.earth, Tetra-Tech, and Orrick.
  • Wood GroupminorOthers · 19 March 2024Project partner for Orchard One in Wyoming, providing engineering and technical services for the project.
  • Tetra TechminorOthers · 19 March 2024Project partner for Orchard One in Wyoming, providing technical consulting services.
  • Puro.earthminorOthers · 19 March 2024Project partner for Orchard One, providing CO₂ removal verification and certification services.

Scale indicators10 records

Recent moves6 records

Expansion highlights7 records

Spiritus competitors and assessment

Company assessment

Direct peers

  • Climeworks: Swiss-headquartered pioneer in commercial DAC using solid sorbent technology. Direct competitor in selling permanent CDR credits to enterprise buyers; Climeworks' Mammoth plant is the closest analog to Spiritus' Orchard One in scale and ambition.
  • Heirloom Carbon: California-based DAC company using limestone-based sorbents. Direct competitor in the voluntary CDR market with similar enterprise customer base and Frontier coalition participation.
  • 1PointFive (Occidental subsidiary): Operates STRATOS, the world's largest announced DAC facility in Texas. Direct competitor in scaling megaton-capacity DAC, backed by an integrated oil & gas parent (Occidental) — analogous to Spiritus' Aramco relationship.
  • CarbonCapture Inc. US-based DAC company developing megaton-scale facilities. Competes directly in the same DAC project development, financing, and offtake space as Spiritus.
  • Global Thermostat: Earlier-stage DAC competitor pursuing solid sorbent capture at commercial scale. Direct technology and market peer selling CDR credits to enterprise customers.

Emerging players

  • Equatic: DAC company using electrochemical seawater processing to capture CO2 while producing hydrogen. Adjacent competitor in the durable CDR market with a differentiated process.
  • RepAir Technology: Israel-based DAC startup using electro-swing adsorption. Competes in the same low-cost, energy-efficient DAC niche as Spiritus, though at earlier stage.
  • Avnos: California-based DAC startup developing hybrid sorbent systems with water co-capture. Emerging competitor in the next-generation DAC space targeting cost reductions similar to Spiritus' <$100/ton goal.

Broad incumbents

  • LanzaTech: Carbon capture and recycling company converting waste gases to fuels and chemicals. Broader carbon capture incumbent that Spiritus hired from (Mayur Sathe) and that operates in adjacent parts of the decarbonization value chain.

Others

  • Watershed: Enterprise carbon management platform and Spiritus' channel partner. Not a DAC operator but the dominant corporate carbon accounting and CDR marketplace, making it the most consequential ecosystem player for Spiritus' go-to-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

Spiritus social profiles

Digital presence

Spiritus financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Spiritus leadership team

Management profile

Number of profiles

Profiles7 records

Spiritus funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Spiritus M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spiritus

What does Spiritus do?

Spiritus develops and operates third-generation direct air capture (DAC) technology that removes CO2 from ambient air using a proprietary solid sorbent ("Fruit" balls) deployed in passive air-contacting arrays ("trees") within modular "Carbon Orchard" facilities, paired with a low-temperature (<212°F) non-TVSA desorption process and permanent on-site geological sequestration. The company sells verified carbon dioxide removal (CDR) credits to enterprise buyers and, through its Orchard Power platform, delivers firm carbon-negative electricity to AI data centers and industrial customers.

Is Spiritus a public or private company?

Spiritus is a private company. It is classified as venture growth investor backed and is currently operating.

When was Spiritus founded?

Spiritus was founded in 2023. It employs 11 to 50 people.

Where is Spiritus based?

Spiritus is headquartered in Albuquerque, United States, in the North America region.

How does Spiritus make money?

Two revenue lines are on record. Carbon Dioxide Removal (CDR) Credits are the primary driver. The others are orchard Power — Integrated Energy with Carbon Management.

Who are Spiritus's main competitors?

Direct peers on record are Climeworks, Heirloom Carbon, 1PointFive (Occidental subsidiary), CarbonCapture Inc. and Global Thermostat. Emerging players are Equatic, RepAir Technology and Avnos. LanzaTech is listed as a broad incumbent. Watershed is listed as an others.

Does Spiritus have an API?

No public API is recorded for Spiritus.

What industry is Spiritus in?

Spiritus's product category is Direct Air Capture / Carbon Dioxide Removal. Its primary akta.pro industry code is EUABAFAA, Direct Air Capture (DAC) Systems & Plants, with a secondary code of EUABABAJ, Direct Air Capture (DAC) Project Development. Its NAICS code is 333413 and its SIC code is 3564.

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LarepublicaStartup que buscaba enterrar CO2 cambia de rumbo y ahora se lo vende a petrolerasSpiritus, a Los Alamos startup, shifted from burying CO2 to selling it to oil companies for enhanced oil recovery. It signed letters of intent with three U.S. producers for over 3 million tons annually, potentially supporting 70 million barrels. The company plans its first commercial plant in two years.Carbon HeraldSpiritus Insk First Three Letters Of Intent With US Oil And Gas Producers For On-Site EOR CO2 SupplySpiritus signed three letters of intent with US oil and gas producers to supply CO2 for enhanced oil recovery, covering over 3 million tonnes annually. The projects could recover more than 70 million incremental barrels of oil. The company is now in discussions with other operators.Hart EnergyClimate Startup Shifts Focus From Carbon Removal to Oil RecoverySpiritus, a direct air capture startup, is pivoting from burying CO2 underground to selling it for oil extraction. The shift follows U.S. federal funding cuts and a corporate climate retreat. The move reflects a recalibration in the clean-tech industry.OilPrice.comClimate Startup Signs CO2 Deals With Three U.S. Oil ProducersSpiritus signed preliminary agreements with three U.S. oil and gas producers to sell captured CO2 for enhanced oil recovery. The CEO said the injection could unlock an additional 70 million barrels from wells in Texas, the Rockies, and the Midwest. The company pivoted to EOR amid reduced federal incentives and a challenging carbon removal market.Business Wire BlogSpiritus Signs First Three Letters of Intent With U.S. Oil Producers for On-Site CO₂, Representing More Than 3 Million Tonnes of Annual DemandSpiritus signed three letters of intent with U.S. oil producers across the Rockies, Midwest, and Gulf Coast, representing over 3 million tonnes of annual CO₂ demand. The projects could support recovery of more than 70 million incremental barrels of oil. The company is in discussions with additional operators.BloombergClimate Startup Shifts Focus From Carbon Removal to Oil Recovery - BloombergSpiritus, a direct air capture startup, is pivoting from carbon removal to selling CO2 for enhanced oil recovery. It signed letters of intent with three US oil producers and plans to supply over 3 million tons annually, supporting more than 70 million additional barrels of oil.CarboncreditsSaudi Aramco and Spiritus Join Forces to Cut Direct Air Capture Costs and Scale Carbon RemovalU.S. climate tech firm Spiritus has partnered with Saudi Aramco to advance Spiritus' direct air capture (DAC) technology and explore commercial-scale deployment of its modular Carbon Orchard™ system. The partnership aims to reduce DAC costs below $100 per tonne of CO₂, significantly lower than current industry costs of $250–600 per tonne, by leveraging Spiritus' lower-energy sorbent materials and Aramco's engineering expertise and industrial project experience. The collaboration reflects Aramco's broader strategy to meet its net-zero Scope 1 and 2 emissions target by 2050, while supporting Saudi Arabia's goal of capturing and storing up to 44 million tonnes of CO₂ annually by 2035.Carbon HeraldSpiritus And Aramco To Advance Next-Scale DAC TechLos Alamos-based Spiritus has signed a Joint Development Agreement with Aramco's Research & Development Center to advance direct air capture (DAC) technology, targeting a 100-ton-per-year pilot deployment. The collaboration aims to lower the cost of DAC to $100 per ton by combining Spiritus's high-capacity sorbent technology with Aramco's process engineering and heat-integration capabilities. This agreement builds on a relationship dating back to 2023, when Aramco Ventures made an equity investment in Spiritus, and follows a 2024 Memorandum of Understanding for technical collaboration.OilcityLarge data center proposed near CasperPrometheus Hyperscale is proposing a 1.5-gigawatt liquid-cooled data center campus near Casper, Wyoming, on the Falls Ranch property straddling the Natrona-Converse county line, with an initial minimum investment of $500 million and targeted completion by 2028. The company is partnering with Spiritus and Casper Carbon Capture to build the digital infrastructure campus while navigating regulatory exemptions and Community Benefit Agreements with local municipalities, though environmental advocates have raised concerns about natural gas power consumption and water usage impacts. The project aims to capture a share of AI computing capacity projected to triple by 2030, with a small number of highly technical jobs paying between $75,000 and $150,000 annually.Business Wire BlogSpiritus Appoints Former Tesla Engineering Leader Dorian West and Brightmark Project Lead Kip Hensley to Support Commercial Scale-UpSpiritus appointed Kip Hensley as Head of Project Development and Dorian West to its Board of Directors to support the commercial scale-up of its Orchard Power carbon-negative energy system. The hires bring extensive experience from Brightmark and Tesla, respectively, aimed at advancing the company's first commercial-scale projects in Wyoming with potential capital expenditures up to $500 million. This strategic move positions Spiritus to meet rising demand for firm, clean power from AI data centers while neutralizing emissions through direct air capture.