AspiraDAC

What AspiraDAC does

AspiraDAC Pty Ltd is a Sydney-based, privately held Direct Air Capture (DAC) company and wholly-owned subsidiary of Corporate Carbon. Founded in 2022, the company develops and deploys modular, tent-sized DAC units that extract carbon dioxide directly from ambient air using Metal-Organic Framework (MOF) solid sorbents developed in collaboration with University of Sydney researchers. Captured CO2 is released via temperature vacuum swing adsorption using low-grade heat below 120°C and is intended for permanent geological sequestration. The units are designed to be solar-powered, deployable in remote locations near sequestration sites, and manufactured at scale to follow a cost-reduction trajectory similar to solar PV, using less than 90% of the land required by reforestation-based carbon capture.

AspiraDAC generates revenue through long-term carbon removal offtake agreements with enterprise customers (initially Stripe via Frontier's Advanced Market Commitment backed by Alphabet, Shopify, Meta, and McKinsey) and through a marketplace channel partnership with Pledge, which distributes credits to SMB and mid-market buyers. A Kenya-based project with Great Carbon Valley, targeting 5,000 tonnes of CO2 per year, is in MoU stage. The company operates with a small team of 1–10 employees led by CEO Julian Turecek, CFO Jai Anderson, and CTO Dr Mahesh Venkataraman, and is supported by a $4 million AUD grant from the Australian Government's CCUS Development Fund awarded to parent Corporate Carbon in June 2021.

The company is at pilot scale with an operational capacity of 310 tonnes per annum (1 tonne per day) in Australia and remains pre-commercial, with pricing for carbon removal credits undisclosed. Its go-to-market combines direct enterprise field sales, the Pledge marketplace channel, and event-driven industry engagement to secure offtake customers, capital, and deployment partners.

Name

AspiraDAC

Legal name

AspiraDAC Pty Ltd

Website

https://aspiradac.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

AspiraDAC builds modular, solar-powered Direct Air Capture (DAC) modules using Metal-Organic Framework sorbents to capture atmospheric CO2 for permanent geological storage, serving enterprise offtake customers and carbon marketplaces from its Sydney headquarters.

Ownership category

akta.pro rank

Product category

Direct Air Capture Technology

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), Offsets & Carbon Removal Procurement (credits, DAC, nature-based removals) (THABANAE), Carbon Removal Credits Trading (DAC, BECCS, Biochar, Mineralization) (EUAGAIAL)

Keywords

• Direct air capture
• Carbon removal credits
• Carbon capture storage
• Atmospheric CO2 removal
• Carbon dioxide sequestration

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Carbon Removal Credits/Offtake Agreements: Revenue from long-term offtake agreements for carbon removal credits with enterprise customers. Customers purchase CO2 removal credits to offset their emissions and achieve carbon negativity. First customers include Stripe via Frontier's Advanced Market Commitment.
2. DAC Technology Licensing and Deployment: Revenue from deploying modular DAC units and associated technology. Working with partners like Southern Green Gas under exclusive collaboration to produce and deploy solar-powered modules.
3. Marketplace Carbon Credit Sales: Through partnership with Pledge, carbon removal credits are offered to customers of all sizes via the Pledge marketplace platform.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

AspiraDAC designs, deploys, and operates modular, solar-powered Direct Air Capture (DAC) units that extract carbon dioxide from ambient air using Metal-Organic Framework (MOF) solid sorbents and temperature vacuum swing adsorption. The company sells carbon removal credits through long-term offtake agreements with enterprise customers (via Frontier/Stripe) and via the Pledge marketplace, with captured CO2 sequestered in permanent geological reservoirs. Hardware manufacturing is conducted in partnership with Southern Green Gas.

Product overview

AspiraDAC offers a single unified product: modular, scalable, solar-powered Direct Air Capture (DAC) modules. These hardware units use Metal Organic Framework (MOF) solid sorbent technology to capture CO2 directly from ambient air. Heat applied under vacuum releases the captured CO2, which is then injected deep underground for geological sequestration. The modular architecture enables manufacturing at scale and creates a pathway to cost reductions mirroring renewable energy development. The company operates as a wholly-owned subsidiary of Corporate Carbon, working in partnership with Southern Green Gas under an exclusive collaboration agreement.

Differentiator

Problem solved

Functional benefit

Products and services

• AspiraDAC Direct Air Capture Modules Modular, scalable, solar-powered Direct Air Capture (DAC) hardware units that remove CO2 directly from ambient air using Metal-Organic Framework (MOF) solid sorbents and temperature vacuum swing adsorption with low-grade heat below 120°C. Captured CO2 is released and injected into permanent geological reservoirs. Designed for enterprise offtake customers and frontier carbon removal credit buyers, deployed in remote sites close to geological sequestration with a footprint using less than 90% of the land of equivalent reforestation projects.

Quantifiable outcome

• Uses less than 90% of land compared to equivalent reforestation carbon capture projects
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Great Carbon ValleycoreStrategic or Co-development Partner · 1 May 2025MoU signed May 2025 with Kenya-based carbon and green industry project developer. Joint project aims to capture and store 5,000 tonnes of CO2 per year, with potential for significantly larger deployments. AspiraDAC handles technology, installation, and commissioning; Great Carbon Valley provides sites and government/local community engagement.
• PledgecoreChannel Partner/ Reseller/ Distributor · 1 June 2022Partnership announced October 2022 to offer AspiraDAC's carbon removal solutions through Pledge's marketplace. Pledge removes barriers to access by allowing customers of all sizes to help scale this technology.
• Southern Green GascoreStrategic or Co-development Partner · 1 March 2022Exclusive collaboration agreement signed March 2022 with Southern Green Gas to produce and deploy solar-powered DAC modules. Southern Green Gas pioneered the MOF-based DAC technology, and the partnership aims to deploy the world's first solar-powered DAC project of 1 tonne per day (310 tpa).
• University of SydneycoreTechnology or IntegrationResearch partnership with University of Sydney's School of Chemistry for development of Metal Organic Frameworks (MOFs) for CO2 extraction. Professor Deanna D'Alessandro leads research team. MOF technology is at the heart of AspiraDAC's DAC modules.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Heirloom Carbon: California-based DAC company using limestone-based sorbent DAC technology with backing from Microsoft and other Frontier members. Directly comparable as a Frontier portfolio DAC peer targeting permanent geological storage of atmospheric CO2 via offtake credit sales.
• CarbonCapture Inc. US-based DAC company developing solid-sorbent DAC systems with commercial offtake partnerships, including with major tech buyers. Comparable to AspiraDAC in technology class (solid sorbents) and enterprise-customer focus; presented alongside AspiraDAC at the Patch Project Showcase.
• Global Thermostat: US-based DAC company using solid sorbent contactor technology to capture CO2 from ambient air for industrial use and sequestration. Direct competitor in the solid-sorbent DAC category selling carbon removal credits and CO2 for industrial applications.
• Climeworks: Swiss commercial-scale DAC company operating grid/thermal-powered DAC plants (most notably Orca and Mammoth in Iceland). Direct competitor offering solid-sorbent DAC modules selling carbon removal credits to enterprise customers, though without the solar-power and modular-tent-form-factor specialisation that defines AspiraDAC.

Broad incumbents

• Carbon Engineering (Occidental): Pioneering Canadian DAC company (acquired by Occidental) that built large-scale liquid-solvent DAC plants. Operates as part of Occidental's broader low-carbon strategy and is a much larger, established player in the same DAC category as AspiraDAC.
• 1PointFive: Occidental Petroleum's DAC subsidiary operating the STRATOS plant and developing large-scale DAC projects. While pursuing the same core use case (permanent geological CO2 removal), 1PointFive is backed by a major industrial incumbent with substantially greater capital and infrastructure than AspiraDAC.

Emerging players

• Mission Zero Technologies: UK-based DAC startup developing modular electrochemical DAC systems with a focus on distributed deployment and cost reduction. Comparable as an early-stage DAC peer pursuing modular architectures and enterprise offtake pathways, though using a different capture modality than AspiraDAC.
• RepAir Technology: Israel/Canada-based DAC company developing electrochemical membrane-based DAC modules targeting distributed deployment. Comparable as a small, venture-backed DAC peer focused on modular technology and enterprise carbon removal sales, though differentiated by electrochemical versus MOF-based capture.
• CarbonOrO: Canadian DAC startup developing small modular DAC units targeting distributed, low-cost carbon removal. Comparable as an early-stage DAC peer pursuing modularity and cost-down pathways similar to AspiraDAC's stated solar-PV-like cost curve ambition.
• Jupiter Ionics: Australian clean-tech startup developing electrolysis-based green hydrogen technology. Comparable as a fellow Australian-headquartered climate-tech startup pursuing novel chemistry-driven decarbonisation, though in a different decarbonisation pathway (hydrogen) rather than carbon removal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@AspiraDAC
• LinkedInlinkedin.com/company/aspiradac

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AspiraDAC