Ionada secures Strategic Investment from Halliburton

AB, CALGARY (July 1, 2021)

Ionada Carbon Solutions LLC (“Ionada”) was one of four companies selected in a highly competitive process, by the prestigious Halliburton Labs clean energy accelerator program. Ionada has joined the Halliburton Labs industrial scaling program to expedite, and enhance the development of their carbon capture technology.

Ionada currently offers a patented membrane contactor carbon management system for small, to mid-sized industrial emitters of up to 200,000 tons per year. Its modular carbon capture system provides a compact, and cost-effective solution for the energy, marine, and e-fuels markets.

“We are receiving tremendous interest from industrial emitters around the world for modular carbon capture systems,” says Ionada CEO Edoardo Panziera. “Halliburton Labs’ engineering, supply chain expertise, and global network provide the ideal launching platform for us to scale our business to meet demand.”

Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and industrial labs assemble to push for cleaner, affordable energy. “We are excited to support and collaborate, with this group of fledgling clean energy companies, as they continue their commercialization journey,” said Dale Winger, managing director of Halliburton Labs. “Each one has demonstrated a commitment to accelerating their technology, and we are eager to help them innovate, develop, and cultivate each company.”

The program offers Ionada access to a broad range of industrial capabilities, technical expertise, and mentorship. In short, it will accelerate the commercialization of Ionada’s carbon capture technology, to help secure new projects and investment.

About Halliburton Labs

Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and industrial labs join to advance cleaner, affordable energy. Located at Halliburton company headquarters in Houston, Texas — Halliburton Labs provides access to world-class facilities, operational expertise, practical mentorship, and financing opportunities. All set up in a single location, to help participants scale their business. Visit the company’s website at Connect with Halliburton Labs on Twitter, LinkedIn, and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company (NYSE: HAL).

About Ionada

Ionada is a global climate technology company that develops, manufactures, and markets post combustion carbon capture systems to reduce greenhouse gas emissions. Our sustainable solutions help keep our air and water clean for future generations. Ionada’s team includes scientists, engineers and technicians that have developed breakthroughs in technology to reduce carbon emissions. Ionada is the technology leader in delivering innovative sustainable solutions, to reduce carbon emissions from the oil & gas, thermal power generation, waste to energy, hydrogen, steel, cement and marine industries. Ionada’s mission is disruptive sustainability – providing emission abatement technology that not only reduces emissions, but also provides a financial benefit to our clients.

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Source: Ionada 

Michael Owen Lombos 

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