Via Separations

“The 10 X step, though, easier engineering was going to take just as long as getting to a hundred X because our lead time was defined by system components. When you purchase an electrical box or purchase a pump or purchase a component that has a long lead time,…”

“When we were negotiating that contract, it was very Explicit to all of us that this was a first commercial system, that this was the first, that, that we'd never done this before, that we'd never delivered a project before. And some might look at that and say,…”

“Which at the industrial scale is 90% lower energy, fully electrifiable, and more modular and therefore demand responsive.”

“We didn't have a firm fixed price contract. So we were working on a time and materials basis with a number of different partners, all who contributed very important things to the project, which also left us as the sort of general contractor exposed to cost ove…”

“So about 70% of the cost of producing a raw material or chemical is the separation step, and largely because of the energy that it consumes.”

“What I learned was that the project finance that I had hypothesized was out there for first of a kind systems was not.”

“Well, we decided to be our own general contractor so that we could stay very close to the engineering, the EPC, the engineering procurement and construction phases of the project.”

“The grant was roughly ten-ish percent and then it was roughly a fifty-fifty split after that.”

“There are very few climate tech companies who can say they're operating at commercial scale and that the customer is accepting the product.”