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Planetary Sells $31M Worth of Ocean-Powered Carbon Sequestration to Frontier

August 27, 2025 by Knowlton Thomas

In April, Nova Scotia’s Planetary Technologies won the XPRIZE Carbon Removal XFACTOR Award, receiving $1 million for pioneering work in seawater restoration to combat climate change. The recognition followed a Series A raise of capital in 2024. Planetary’s approach aims to restore the ocean’s natural ability to absorb carbon dioxide attempting to rebalance seawater chemistry. […]

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