Ionada
Ionada is a private climate technology company that develops patented Hollow Fiber Membrane Contactor (HFMC) modular carbon capture systems for marine, offshore oil & gas, and hard-to-abate industrial sectors including cement, steel, natural gas, and hydrogen.
- Company typePrivate
- Founded2016
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ionada does
Ionada is a private climate technology company developing and commercializing Hollow Fiber Membrane Contactor (HFMC) post-combustion carbon capture technology. The company's patented modular contactor system integrates CO2 absorption and amine regeneration/desorption into a single containerized unit, claimed to be roughly 50% smaller and 30% more efficient than conventional amine carbon capture systems and capable of removing up to 99% of CO2 from flue gas. Ionada's product portfolio centers on the HFMC Carbon Capture System, the iDeCarbon industrial capture brand, and the iDAC direct air capture brand, with related sub-brands for marine and offshore applications.
The company targets hard-to-abate sectors — marine and offshore oil & gas (FPSO operators, LNG carriers, container vessels, dredgers), natural gas processing, cement, steel, waste-to-energy, hydrogen, and e-fuels — selling modular capture units through a direct enterprise field sales motion, supplemented by feasibility studies, licensing/strategic partnerships (e.g., CO2 Lock Corp), and channel partnerships with classification societies (DNV, Bureau Veritas) and accelerators (Shell GameChanger, Halliburton Labs, NGIF, CRIN). Revenue is derived from project-based equipment sales, feasibility and engineering services, technology licensing, and non-dilutive grant funding.
Ionada operates under multiple legal entities (Ionada PLC in the UK, Ionada GmbH in Germany, Ionada Canada Corporation, Ionada AS in Norway) with offices in Houston (HQ), Markham, Hamburg, Oslo, Alberta, and London. The company has secured Approval in Principle (AiP) from Bureau Veritas for onboard marine carbon capture, completed a pilot system at Halliburton Labs, and unveiled the world's first production-scale HFMC system in August 2025. Customers and partners include MSC, Van Oord, COSCO Shipyard Group, Yinson Production (FPSO Agogo), Archrock, Shell GameChanger, and multiple unnamed oil majors. Headcount is in the 11-50 range; the company remains pre-commercial at scale with revenue not publicly disclosed.
Ionada firmographics
Firmographics- Name
- Ionada
- Legal name
- Ionada PLC
- Website
- https://ionada.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ionada is a private climate technology company that develops patented Hollow Fiber Membrane Contactor (HFMC) modular carbon capture systems for marine, offshore oil & gas, and hard-to-abate industrial sectors including cement, steel, natural gas, and hydrogen.
- Ownership category
- akta.pro rank
Ionada industry classification
Industry- Product category
- Carbon Capture Equipment
- SIC
- Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Oil & Gas Field Machinery & Equipment (3533), Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Post-combustion Capture Systems (Membranes & Hybrid Membrane Processes) (EUABAGAC)
- akta.pro secondary industries
- Solvent/Sorbent/Catalyst Materials & Capture Equipment Manufacturing (Absorbers, Strippers, Heat Exchangers) (EUAAALAJ), Separation & Filtration Equipment (Filters, Centrifuges, Membranes) (IMAHAEAB)
Keywords
Where Ionada is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices6 records
Markets served
Ionada business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales
Revenue model
- Carbon Capture System Sales (Equipment): Ionada manufactures and sells its HFMC carbon capture systems as modular, containerized units to industrial clients across marine, offshore, energy, waste-to-energy, and other sectors. The company designs, builds, and deploys systems ranging from small-scale 20 kTPA units to industrial-scale units, with sales cycles involving feasibility studies leading to full-scale project contracts.
- Carbon Capture Technology Licensing / Strategic Partnerships: Ionada partners with companies like CO2 Lock Corp for carbon capture and storage opportunities, providing its modular membrane contactor technology to enable full-value-chain CCS solutions. These partnerships involve letters of intent targeting 100,000 tonnes of CO2 capture per year with scalability to 1 million tonnes annually.
- Government Grants and Innovation Funding: Ionada receives grant funding from organizations such as NGIF Accelerator and CRIN (Clean Resource Innovation Network) to support technology development, pilot projects, and demonstration of industrial-scale units. This non-dilutive funding supports R&D and commercialization.
- Feasibility Studies and Engineering Services: Ionada conducts feasibility studies for carbon capture deployment on offshore platforms, LNG carriers, and marine vessels, which serve as entry points to full-scale commercial carbon capture projects. These studies bring together consortia of oil and gas industry players, classification societies, EPCs, and key vendors.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Ionada product offering
Product offeringCore offering
Ionada designs, manufactures, and sells modular Hollow Fiber Membrane Contactor (HFMC) post-combustion carbon capture systems that integrate absorption and desorption with amine regeneration in a single containerized unit. The systems target marine, offshore oil and gas, natural gas processing, hydrogen, cement, steel, and waste-to-energy sectors, and are delivered with associated feasibility study and engineering services. Compact and retrofittable, the technology is half the size and 30% more efficient than conventional amine carbon capture systems.
Product overview
Ionada provides a portfolio of carbon capture technologies centered on its patented Hollow Fiber Membrane Contactor (HFMC) technology. The company's main products include the HFMC Carbon Capture System, iDeCarbon (for industrial applications), and iDAC (for direct air capture). These modular, containerized systems integrate absorption and desorption processes within a single unit, offering 50% smaller footprint and 30% greater efficiency than conventional amine systems. Ionada serves marine, offshore oil & gas, thermal power generation, waste-to-energy, hydrogen, steel, cement, and e-fuels industries with post-combustion carbon capture solutions.
Differentiator
Problem solved
Functional benefit
Brands
- iDeCarbon: Carbon capture technology brand for emissions reduction
- iDAC
- Hollow Fiber Membrane Contactor (HFMC)
Products and services
- Hollow Fiber Membrane Contactor (HFMC) Carbon Capture System Ionada's flagship carbon capture system using patented hollow fiber membrane contactor technology that integrates absorption and desorption processes with amine regeneration in a single modular unit. The system is 50% smaller and 30% more efficient than traditional amine carbon capture technologies, capable of removing up to 99% of carbon dioxide from flue gas. Sold to industrial emitters across marine, offshore, natural gas, hydrogen, steel, cement, and waste-to-energy sectors.
- iDeCarbon Ionada's carbon capture technology brand for industrial applications, offering modular membrane-based carbon capture solutions for various emission sources including marine, offshore, and land-based industrial facilities.
- iDAC Direct Air Capture Ionada's direct air capture technology brand, enabling carbon dioxide removal directly from ambient air using membrane contactor technology. Sold to industrial emitters and organizations seeking atmospheric CO2 removal solutions.
- Carbon Capture Feasibility Study Services Feasibility study service for implementing carbon capture systems on offshore platforms, LNG carriers, and marine vessels. The studies bring together consortia that include oil and gas industry players, classification societies, EPCs, and key vendors, and serve as entry points that trigger full-scale carbon capture project contracts for oil majors, shipowners, and offshore operators.
Quantifiable outcome
- Up to 99% carbon dioxide removal efficiency from flue gas
- +4 more outcomes
Companies that use Ionada
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles5 records
Ionada technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ionada partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- CO2 Lock Corp.coreCO2 Lock Corp and Ionada Carbon Solutions LLC have a strategic partnership for carbon capture and storage. CO2 Lock submitted a CCS Exploratory Reservoir Licence for its Sam project near Prince George, British Columbia, targeting 100,000 tonnes of CO2 capture per year with scalability goals of 1 million tonnes annually. Ionada's modular HFMC carbon capture technology will be integrated into CO2 Lock's carbon mineralization and storage operations, leveraging British Columbia's low-emissions power grid.
- Carbon CircleminorIonada and Carbon Circle signed an MOU to collaborate on carbon capture technology projects and advance global sustainability efforts. The partnership leverages Ionada's carbon capture technology and Carbon Circle's project development expertise.
- Shell GameChangercoreIonada hosted a successful pilot tour with the Shell GameChanger team at its Halliburton Labs facility in April 2023. Shell GameChanger works with start-ups on unproven early-stage ideas, providing support, expertise, and seed funding while startups maintain independence. The program validated Ionada's carbon capture technology.
- Green Shipping Programme (GSP)coreIonada joined the Green Shipping Programme, a Norwegian public-private partnership dedicated to reducing emissions and promoting environmentally friendly shipping. Ionada participates in the onboard CCS pilot project within GSP. The program aims to achieve at least 40% emissions reduction by 2030 and 50% by 2050 per IMO mandates.
- COSCO Shipyard Group Co. Ltd.minorJiangsu Ionada Environmental Protection Technology Co. Ltd. (an entity associated with Ionada) signed a Strategic Cooperation Agreement with COSCO Shipyard Group Co. Ltd. to manufacture and sell Membrane Scrubber systems in China.
- Halliburton LabscoreIonada completed its carbon capture pilot system at Halliburton Labs in Houston, Texas. The project was supported by NGIF Industry Grants and the Halliburton Labs clean energy accelerator program. Halliburton Labs provides Ionada access to world-class facilities, operational expertise, practical mentorship, and financing opportunities. Ionada participated in Halliburton Labs Investor Day.
- DNVcoreDNV, the world's leading classification society and maritime industry advisor, has partnered with Ionada to support and develop carbon capture technology for ship applications. DNV visited Ionada's carbon capture pilot installation at Halliburton Labs, and Ionada participates in DNV-hosted panel discussions at Nor-Shipping and DNV Technology Week. DNV's expertise supports Ionada's technology validation for maritime decarbonization.
- Bureau VeritascoreBureau Veritas granted Approval in Principle (AiP) to Ionada for onboard carbon capture for marine industry applications, specifically for a German shipowner's short-sea shipping projects. Bureau Veritas is a world leader in Testing, Inspection and Certification founded in 1828.
- Cielo Carbon SolutionsminorCielo Carbon Solutions is listed alongside Carbon Quest and Ionada as a partner in CO2 Lock Corp's commercial agreements targeting 100,000 tonnes of CO2 capture per year. The relationship is through CO2 Lock Corp's multi-partner commercial framework.
Scale indicators6 records
Recent moves9 records
Expansion highlights14 records
Ionada competitors and assessment
Company assessmentDirect peers
- Aker Carbon Capture: Aker Carbon Capture provides amine-based post-combustion carbon capture systems for industrial emitters, with a strong focus on cement, waste-to-energy and offshore/marine applications. It is the closest direct competitor to Ionada's HFMC technology in target verticals and business model.
- Carbon Clean: Carbon Clean develops modular post-combustion carbon capture technology (CycloneCC) using a compact, rotating packed-bed design. It targets similar hard-to-abate industrial and oil & gas segments with a comparable modular, smaller-footprint value proposition.
Emerging players
- Climeworks: Climeworks is a leading direct air capture (DAC) player. Its DAC focus overlaps with Ionada's iDAC roadmap and shares the broader carbon removal market, although Ionada's primary commercial focus is post-combustion point-source capture.
- Cielo Carbon Solutions: Cielo Carbon Solutions is an emerging carbon capture project developer listed alongside Ionada as a CO2 Lock Corp commercial partner. It represents an early-stage peer pursuing modular capture solutions and project integration.
Broad incumbents
- 1PointFive (Occidental / Carbon Engineering): 1PointFive is building large-scale DAC infrastructure based on Carbon Engineering's liquid-solvent technology, backed by Occidental. It is a well-capitalized incumbent in the carbon removal space and a benchmark for Ionada's iDAC ambitions.
- Wärtsilä: Wärtsilä is a major marine technology and engine provider with carbon capture solutions for ships and an extensive shipowner customer base. It competes with Ionada for marine onboard CCS retrofit projects.
- Alfa Laval: Alfa Laval supplies marine exhaust gas cleaning systems (scrubbers) and increasingly carbon capture and emissions reduction solutions. It overlaps with Ionada's legacy membrane scrubber line and emerging marine CCS offerings.
- Saipem: Saipem is a large EPC contractor with a growing portfolio of CCS and CO2 capture projects for industrial and energy customers. It can compete with Ionada as both an EPC and as a turnkey capture technology provider.
- Honeywell UOP: Honeywell UOP offers solvent-based carbon capture processes (e.g., advanced amine and Adsorbents) for industrial and refining customers. It is a broad incumbent supplying competing capture technologies to similar emitter customers.
Regional players
- C-Quest Capital: C-Quest Capital is a carbon project developer focused on nature-based and engineered removal credits. While not a direct capture technology competitor, it competes in the same CCS/carbon project economics conversation with CO2 Lock and similar partners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Ionada social profiles
Digital presenceIonada financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ionada leadership team
Management profileNumber of profiles
Profiles21 records
Ionada funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ionada M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ionada
What does Ionada do?
Ionada designs, manufactures, and sells modular Hollow Fiber Membrane Contactor (HFMC) post-combustion carbon capture systems that integrate absorption and desorption with amine regeneration in a single containerized unit. The systems target marine, offshore oil and gas, natural gas processing, hydrogen, cement, steel, and waste-to-energy sectors, and are delivered with associated feasibility study and engineering services. Compact and retrofittable, the technology is half the size and 30% more efficient than conventional amine carbon capture systems.
Is Ionada a public or private company?
Ionada is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ionada founded?
Ionada was founded in 2016. It employs 11 to 50 people.
Where is Ionada based?
Ionada is headquartered in Calgary, Canada, in the North America region.
How does Ionada make money?
Four revenue lines are on record. Carbon Capture System Sales (Equipment) is the primary driver. The others are carbon Capture Technology Licensing / Strategic Partnerships, government Grants and Innovation Funding and feasibility Studies and Engineering Services.
Who are Ionada's main competitors?
Direct peers on record are Aker Carbon Capture and Carbon Clean. Emerging players are Climeworks and Cielo Carbon Solutions. Broad incumbents are 1PointFive (Occidental / Carbon Engineering), Wärtsilä, Alfa Laval, Saipem and Honeywell UOP. C-Quest Capital is listed as a regional player.
Does Ionada have an API?
No public API is recorded for Ionada.
What industry is Ionada in?
Ionada's product category is Carbon Capture Equipment. Its primary akta.pro industry code is EUABAGAC, Post-combustion Capture Systems (Membranes & Hybrid Membrane Processes), with a secondary code of EUAAALAJ, Solvent/Sorbent/Catalyst Materials & Capture Equipment Manufacturing (Absorbers, Strippers, Heat Exchangers). Its SIC code is 3564.