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2024 KCP Application
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AIR COMPANY
Org Type
For Profit
Year Founded
2017
Winner or Finalist
Winner
Project
Company
Financials
Customers & Partnerships
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Project Summary / Description:
Aviation represents 2-3% of global CO2 emissions, and according to the U.S. National Blueprint for Transportation Decarbonization (2023), 11% of total transportation emissions in the U.S. It‚ deemed one of the hardest to decarbonize industries. To mitigate this, in September 2022, AIR COMPANY announced a Sustainable Aviation Fuel (SAF) made from captured biogenic CO2. Distributed as AIRMADE‚Ñ¢ SAF, we have made offtake term sheet commitments with global aviation partners including JetBlue, Virgin Atlantic, and Boom Supersonic to supply over one billion gallons of AIRMADE‚Ñ¢ SAF. The United States Air Force began their AIRMADE‚Ñ¢ SAF partnership with the completion of a first-of-its-kind unmanned flight using AIR COMPANY‚ 100% unblended CO2-derived jet fuel. AIRMADE‚Ñ¢ SAF shows the potential to offer a significant carbon reduction by using biogenic CO2 and renewable energy as feedstocks, creating a more sustainable carbon life cycle (life cycle assessment evaluations for future facilities output currently ongoing).
How Project Affects Greenhouse Gas (GHG) Emissions:
Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses), Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption)
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
At AIR COMPANY, we recognize that communities of color face the burdens of climate change in an unjust and unequal way. As such, we prioritize and are committed to addressing climate change while providing communities with fair access to clean air and clean water. Because our carbon conversion reactor system is modularly designed, it can be deployed anywhere clean electricity and CO2 can be accessed. This modular deployment allows for siting production facilities locally which minimizes carbon emissions from transport, and simultaneously can help enable historically under-resourced communities to generate fuel from CO2 and water and establish energy dependence, increasing energy security. Internally, we focus on centering DEI in all of our corporate and social initiatives. By engaging with diverse groups and partnering with communities & organizations to diversity our talent, we‚ re prioritizing creating a culture that is representative of diverse identities and experiences. Additionally, climate education remains a core pillar of our work, synthesizing climate technology and climate change in a way that is accessible for all people. This is critical because it allows underrepresented communities to be empowered with the knowledge and tools to approach and enact change in ways that they have historically been prevented from.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Website:
https://www.aircompany.com/
Mission Statement:
Since 2017, we have introduced a number of products across both consumer and industrial sectors. In 2023, we are leaning heavily into our industrial products for world scale applications and maximum GHG reductions, and do this work in different facilities throughout New York City. Our headquarters which consists of our internal operations, marketing, design, policy, sales and finance teams is located in Soho. Our AIR Innovation Center is located in Brooklyn and it houses our first piece of technology, our pilot and testing reactor system, which allows us to continue fostering our R&D efforts. In 2022 we deployed a new system, 10x the scale of our pilot at AIR Factory 01, which is also located in Brooklyn. Finally, our AIR Lab has moved from Princeton, NJ to NYU Brooklyn and is where our chemistry team focuses on R&D for our proprietary catalyst and materials.
Link: Facebook:
https://www.facebook.com/AirCompanyNYC/
Link: Twitter:
https://twitter.com/AirCoNYC/
Link: Instagram:
https://www.instagram.com/aircompany/
Link: LinkedIn:
https://www.linkedin.com/company/theaircompany/