MOVA Technologies Awarded Grant from the U.S. Department of Energy for Groundbreaking Carbon Capture Technology
Pulaski, VA, July 10, 2023 – MOVA Technologies is pleased to announce that it has been awarded a grant from the U.S. Department of Energy (USDOE) in recognition of its pioneering work in the field of carbon capture. The grant, awarded on July 10, 2023, is part of a $72 million funding initiative dedicated to supporting small businesses engaged in scientific, clean energy, and climate research, development, and demonstration projects.
This significant milestone highlights MOVA Technologies' innovative approach to carbon capture, specifically through its groundbreaking Selective Air Capture Technology. MOVA Technologies' dedication to developing cutting-edge solutions aligns perfectly with the Biden-Harris Administration's commitment to advancing climate solutions and reinforcing America's leadership in global scientific endeavors. These efforts are pivotal in reaching the President's ambitious targets of achieving a carbon-free grid by 2035 and net-zero emissions by 2050.
MOVA Technologies CEO, John Schott, expressed his excitement about the grant award, stating, "We are thrilled that the U.S. Department of Energy recognizes the value of our technology and our innovative market strategy. At MOVA, we are acutely aware of the urgent need to combat climate change, and we firmly believe that removing CO2 from the atmosphere is a crucial step toward achieving this goal."
MOVA Technologies is at the forefront of developing novel technology designed to make carbon dioxide capture a ubiquitous practice across various industries. This revolutionary approach enables captured CO2 to be readily available and utilized at its source of capture. MOVA's technology represents a significant leap forward in the productivity and cost-efficiency of Direct Air Capture (DAC), allowing for the establishment of geographically dispersed, modular-scale CO2 capture systems.
In the pursuit of this groundbreaking initiative, MOVA Technologies has partnered with the Town and County of Pulaski, Virginia, a community committed to climate neutrality. Pulaski County stands as a public sector model and leader for other localities in embracing climate-friendly development. The collaborative project promises to bring economic and workforce development benefits to the region, contributing to rural revitalization around climate-smart technology, and addressing economic challenges while attracting new green-tech businesses and industries.
MOVA Technologies remains dedicated to pushing the boundaries of innovation in the fight against climate change, and this grant from the U.S. Department of Energy is a significant step forward in achieving a sustainable and carbon-neutral future.
For media inquiries or further information, please contact:
Luke Allison, Director of Advancement and Communications
MOVA Technologies Inc.
Phone: (540) 808-9452
Email: lallison@movatechnologies.com
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About MOVA Technologies
MOVA Technologies is a forward-thinking company dedicated to developing cutting-edge solutions for carbon capture and climate change mitigation across multiple sectors. With its novel Selective Air Capture Technology, MOVA is revolutionizing the way pollutants are captured, making it more efficient and accessible for industries and communities. MOVA is committed to driving innovation in the climate tech sector and accelerating the transition to a sustainable, carbon-neutral future. Learn more at www.movatechnologies.com.