Novastus utilizes patented, non-thermal drying technology to convert solid waste into a carbon-negative fuel source. This process offers a lower-cost alternative to existing technologies for producing clean power, cement, or sustainable fuels. The company focuses on transforming waste into valuable resources to support a more sustainable energy infrastructure.
Funding
$5.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Over 70% of global waste ends up in landfills, which are a major source of methane emissions, a greenhouse gas 80 times more potent than CO2. Traditional waste management methods struggle to efficiently process the moisture content of solid waste, hindering its potential as a valuable resource. Existing waste-to-energy technologies often face challenges related to high production costs, inconsistent fuel quality, and significant energy consumption during the drying process.
Solution
Novastus offers a patented non-thermal drying system, NovaDry, that transforms solid waste into a carbon-negative fuel source at a lower cost than conventional technologies. The system uses a natural process called nucleation, integrating an industrial shredder with ambient air injection to remove over 60% of moisture from waste without heat or pressure. This process results in a high-quality, dry solid fuel, NovaFuel, that can be used for clean power generation, cement production, or the creation of sustainable fuels. Novastus also offers TotalMRF solutions, which combine NovaDry with material recovery equipment to divert up to 90% of waste from landfills by capturing high-value recyclables and converting the remaining waste into NovaFuel.
Target Audience
The primary target audience includes municipalities seeking to reduce landfill waste and create circular economies, material recovery facilities aiming to improve material recovery rates, and industries such as pulp & paper, cement, and power plants looking for sustainable fuel alternatives.
Features
- Patented NovaDry system utilizing non-thermal drying technology to remove moisture from solid waste
- NovaFuel, a carbon-negative fuel derived from solid waste, suitable for power generation, cement production, and sustainable fuel creation
- TotalMRF solutions integrating NovaDry with material recovery equipment to maximize waste diversion from landfills
- Up to 85% less energy consumption compared to conventional thermal drying methods
- Modular and scalable system design with a small footprint
- Ability to process diverse waste feedstocks with proven industrial equipment
- Production of NovaFuel with less moisture and chlorine compared to refuse-derived fuel (RDF)
- NovaFuel can be compacted, baled, and wrapped for easy, low-cost transport and storage