Key Takeaways
- Innovative Leasing Options: Skytree has launched a leasing program for its Cumulus Direct Air Capture (DAC) CO2 units, tailored for the controlled agricultural environment (CEA) sector.
- Flexible Terms: The leasing program offers 4 or 6-year terms with an option to purchase at the end of the lease.
- Comprehensive Support: The lease includes weekly CO2 performance reports and maintenance services through the Skytree Uptime Assurance program.
- Financial Benefits: This program eliminates the initial capital cost, providing CEA businesses with a more accessible DAC CO2 solution.
- Proven Demand: Since its launch, the Skytree Cumulus unit has attracted interest from various CEA businesses, including vertical farmers and greenhouse growers.
Skytree, a leading provider in Direct Air Capture technology, is now offering Controlled Environment Agriculture (CEA) businesses globally an easier and more cost-effective pathway to integrate on-site generated CO2 into their operations with the Skytree Cumulus Leasing Program.
Skytree Cumulus: A Game Changer for CEA
Launched last September, the Skytree Cumulus unit is capable of producing 20kg of CO2 per day and is designed to meet the carbon dioxide needs of various CEA operations, such as vertical farming, greenhouse cultivation, algae production, and cannabis growing. The positive reception and growing demand for this technology underscore its effectiveness and the critical role of CO2 in enhancing plant growth and productivity.
Details of the Leasing Program
Skytree’s innovative leasing program is structured to provide flexibility and support to CEA businesses. Customers can choose from leasing terms of either 4 or 6 years, with the opportunity to purchase the system at lease-end. This approach not only facilitates easier budget management but also aligns with the long-term growth plans of these businesses.
Support and Maintenance
Included in the leasing agreement is the Skytree Uptime Assurance program, which ensures that the Cumulus units are always operating at peak efficiency. This program includes weekly CO2 performance reports and both corrective and preventative maintenance services, allowing businesses to focus on their core operations without the worry of equipment reliability.
Economic and Environmental Impact
By removing the barrier of upfront capital investment and offering flexible payment options, Skytree is making it feasible for more CEA businesses to adopt sustainable practices. The availability of a reliable, on-site source of CO2 can significantly reduce dependency on traditional, often unsustainable, CO2 sources.
Skytree Latest News
Skytree Introduces Stratus (2024/03/12)
Skytree has launched its latest innovation, the Skytree Stratus, a decentralized Direct Air Capture unit designed for onsite carbon capture and utilization. It generates up to 2750 lbs. of CO2 per day, making it ideal for large-scale agricultural operations. Skytree Stratus is fully modular, highly energy-efficient, and comes with an Uptime Assurance Guarantee program for operational reliability.
Partnership With Wageningen University & Research (2024/02/22)
Wageningen University & Research is evaluating the feasibility and effectiveness of Direct Air Capture (DAC) technologies, focusing on the Skytree Cumulus system. The goal is to find sustainable alternatives for CO2 supply in the horticulture sector. This research initiative contributes to the ongoing dialogue on sustainable agricultural practices and could offer valuable insights into the practicality and environmental impact of DAC technology.
Joins Division Q (2024/01/25)
Skytree has been inducted into the Startup Hall of Fame by Division Q, a climate innovation arm of Koppert Cress. The event took place in the Westland area, a central hub for agriculture in the Netherlands. Skytree has partnered with Division Q to advance their mutual goal of increasing sustainability within the horticulture sector.
Secures €2.5 Million Grant (2023/11/07)
Skytree, a leader in climate tech, has secured a €2.5 million non-dilutive grant from the European Innovation Council (EIC) Accelerator. This brings the total funds raised by the company in 2023 to €13 million. The company’s innovative DAC units, Skytree Cumulus, will be accelerated with the funds, enabling on-site CO2 generation for controlled environment agriculture. This will reduce businesses’ reliance on fossil fuels and greenhouse gas emissions, aligning with global efforts to combat climate change.
Read more on the grant here.
Revolutionizing CO2 Capture (2023/09/18)
Skytree is set to ship its first Cumulus units in early 2024. The device captures carbon dioxide from the air and stores it in pressurized tanks for businesses to use. The Cumulus aims to reduce the environmental cost and logistical challenges associated with fossil fuel-derived CO2. Skytree is also offering its Pioneer Program to early adopters at discounted rates. The company plans to release a larger DAC unit in late 2024, delivering up to 400 kg of CO2 daily. Established in 2014 in Amsterdam, Skytree is ready to redefine CO2 usage across various industries.
Amsterdam-Based Climate Tech Raises $6M in Funding (2023/06/16)
Amsterdam-based climate tech company Skytree has raised $6 million in seed funding to develop and deploy its Direct Air Capture (DAC) technology. The funds will help combat climate change and expand the company’s reach. Skytree’s technology can eliminate the need for transportation of CO2, making it a more efficient solution for industries, including indoor farming and greenhouses. The company’s innovative technology can lead to agricultural yields that are 20-30% higher than traditional farming methods.
Launches On-site Carbon Capture Unit at Growy Farms (2022/07/20)
Skytree has developed a fully automated, modular unit that removes CO2 from the outside air and redistributes it to indoor farms. The unit provides a continuous enriched stream of CO2 that can be maintained in the growth chamber for over 72 hours, helping to grow crops by the dosing plan. The technology has been developed in Skytree’s lab in Amsterdam, and the first series of carbon capture units are now available for pilot projects across Europe and North America. Skytree for indoor farming is the first carbon capture product that Skytree is introducing.
Image provided by Skytree
