OXCCU develops a patented one-step catalytic process that converts carbon dioxide and hydrogen from renewable sources into low carbon intensity fuels, chemicals, and biodegradable plastics. This technology addresses the need for sustainable hydrocarbons in aviation and consumer products, significantly reducing capital and operational costs compared to traditional methods.
Funding
$25.6M 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.
RFounders
Product
Problem
The aviation and chemical industries rely heavily on hydrocarbons, traditionally sourced from fossil fuels, contributing significantly to carbon emissions. Scaling biofuel production faces limitations due to feedstock availability, necessitating alternative sustainable hydrocarbon sources.
Solution
OXCCU has developed a one-step catalytic process that converts carbon dioxide (CO2) and hydrogen (H2) from renewable sources into low carbon intensity fuels, chemicals, and biodegradable plastics. This technology offers a sustainable pathway for producing hydrocarbons, specifically targeting sustainable aviation fuel (SAF). OXCCU's approach consolidates the traditional two-step e-hydrocarbons production process—Reverse Water Gas Shift (RWGS) and Fischer Tropsch (F-T) reaction—into a single catalytic conversion, reducing both capital and operational expenditures. The process uses a novel catalyst to directly convert CO2 and H2 into jet fuel range hydrocarbons with minimal oxygenated byproducts.
Target Audience
OXCCU's primary customers include the aviation industry seeking sustainable aviation fuel, the chemical industry requiring sustainable feedstocks, and project developers focused on green hydrogen and biogenic CO2 utilization.
Features
- Patented one-step catalytic conversion of CO2 and H2 into hydrocarbons
- Direct production of jet fuel range hydrocarbons, suitable for SAF
- Simplified, modular flowsheet eliminating the need for dedicated RWGS or expensive hydrocracker reactors
- Higher E-SAF yields compared to competitive processes
- Flexibility to produce more E-naphtha
- Iron-based catalysts composed of commonly found materials
- OX1 demonstration plant producing 1kg (~1.2 litres) of liquid fuel per day