Additional $2.6M Received from NRCan to Accelerate Deployment of Next-Gen CO₂ Capture Pilot Plant
Raising total Government funding for the once-through steam generator (OTSG) CO₂-capture pilot demonstration program to $12.3M, including support from SDTC, ERA, WINN, and IRAP VANCOUVER, British Columbia — Friday, December 15, 2017 — Svante Inc. (formerly Inventys Thermal Technologies), the developer of the VeloxoTherm™ Process, a carbon dioxide (CO₂) capture system, is receiving $2.6M from Natural Resources […]
Svante Appoints Daryl Musselman as New VP Manufacturing Operations
VANCOUVER, British Columbia —August 31, 2017 — Svante (formerly Inventys Thermal Technologies) announced that Daryl D. Musselman, PhD, P.Eng. was recently appointed Vice President, Manufacturing Operations, filing a strategic position as the carbon capture technology company builds the world’s first pilot-scale plant using structured adsorbents to capture CO2 for Husky Energy. “Daryl has unique experience in […]
Former Airbus CTO Joins Board of Svante a Canadian Carbon Capture Company
VANCOUVER, British Columbia —August 31, 2017 — Former Airbus CTO Jean Botti recently joined the Board of Directors of Svante (formerly Inventys) a clean energy technology company that has developed a transformational method for capturing CO2 from industrial, natural gas and coal power plants. “I’m very pleased to join the board of Svante at such a pivotal […]
Government of Canada Supports Innovative CO₂ Capture Technology
BURNABY, BC, July 13, 2016 /CNW/ – Cleantech innovator Svante (formerly Inventys Thermal Technologies) is receiving up to $275,000 from the Government of Canada to deliver a cutting-edge CO2 capture technology. The announcement was made today by Terry Beech, Parliamentary Secretary for Science, on behalf of the Honorable Kirsty Duncan, Minister of Science. “Investing in the […]
Svante Closes CAD$10M Equity Investment with Husky Energy as Lead Investor
Financing supports the deployment of a next-gen carbon capture pilot plant at Husky’s Pikes Peak South Lloyd thermal project VANCOUVER, British Columbia — Tuesday, July 11, 2017 — Svante (formerly Inventys Thermal Technologies), the developer of the VeloxoTherm™ System, a carbon dioxide (CO2) capture process, today announced that it has closed an equity financing with Husky […]
Svante Announces Strategic Changes to its Leadership Team
Wayne G. Thomson leads company as Executive Chairman. VeloxoTherm™ co-inventor Soheil Khiavi named as CTO. New direction focuses on open collaboration. VANCOUVER, British Columbia — May 24, 2016 — Svante Inc. (formerly Inventys Thermal Technologies) today announced several leadership changes to support the company’s ongoing strategy to transform the carbon capture industry with its VeloxoTherm™ process. […]
New Board Members Expand Expertise in CO2-EOR Commercialization and Double Number of Independent Directors
Appointments include New Chairman: Wayne G. Thomson, Director of Cenovus Energy; and, Tracy Evans, former Denbury Resources COO VANCOUVER, British Columbia — December 22, 2015 — Svante Inc. (formerly Inventys), the developer of the VeloxoTherm™ carbon dioxide (CO2) capture process, today announced the appointment of new board members including new chairman Wayne G. Thomson, Director […]
Svante Moves to Larger Facilities
CO₂ capture company triples the size of its headquarters Nothing scatters friends quicker than saying you’re moving. Fortunately, when Svante (formerly Inventys) recently relocated to a larger space we had a dedicated group of employees and some robust professionals to help with the heavy lifting, which included moving all the testing and demonstration units. Our new location, […]
Svante Closes Financing from Chevron Technology Ventures, Mitsui, Roda Group, & Chrysalix
Funding to advance Company’s breakthrough carbon capture technology which enables economical EOR and CCS VANCOUVER, British Columbia, (Marketwired)—July 30, 2014—Svante Inc. (Inventys Thermal Technologies), a proven team of gas separation pioneers commercializing the lowest cost, most energy-efficient technology for capturing post-combustion carbon dioxide (CO₂ ) from industrial flue gas streams, today announced it has closed […]
Former US Energy Secretary Steven Chu Joins Board
VANCOUVER, British Columbia, (CNW)—Dec. 18, 2013—Nobel Laureate and former US Secretary of Energy, Dr.Steven Chu has joined the Board of Directors of Svante Inc. (Formerly Inventys Thermal Technologies), a company that has developed a breakthrough method for capturing CO2 from coal and natural gas power plants. It is significantly less costly to build and operate than competing […]
