BluSky Carbon Inc., a company specialising in carbon dioxide removal (CDR) clean technology, has announced a new partnership with Cula Technologies GmbH, a German firm known for its advanced Monitoring, Reporting, and Verification (MRV) platform. This collaboration aims to enhance the transparency and accuracy of BluSky’s carbon removal processes by integrating Cula’s technology directly into their operations.
Cula Technologies’ state-of-the-art MRV platform captures and verifies data across entire supply chains in real time, ensuring that every step of BluSky’s production process—from feedstock inputs to output quality and shipment verifications—is accurately tracked. This integration is critical for ensuring that carbon removal credits are precisely measured, supporting BluSky’s commitment to transparency in the carbon credit certification process.
Mo Spranger, CEO of Cula said, “For Carbon Removal to work at scale, two things are vital: high transparency of data and quality project developers that can rapidly scale. The Cula and BluSky partnership perfectly represent each side of the coin, respectively.”
Will Hessert, CEO of BluSky added, “Biochar MRVs have typically existed as a manual input tracker to calculate carbon removed based on how much biochar you made by weight. Cula’s technology integrates directly via sensors located within the biochar machinery to confirm in real time the temperature of the reaction as a measurement of quality. The ability to track multiple machines, feedstock inputs, output quality, and shipped product verifications bridges the gap between real-world processes and carbon credits – ensuring that one ton of carbon removal equals one ton of carbon. Cula’s approach offers full visibility into the carbon removal process with transparent, real-time data. This ensures every step, from methodology to impact, is visible and accountable to both our customers and the CDR science community.”
In addition to the partnership with Cula, BluSky also announced that its common shares are now listed on the US-based OTCQB Market under the trading symbol “BSKCF.” This listing is expected to enhance the company’s visibility and accessibility to US investors.
BluSky’s shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “BSKY” and on the Frankfurt Stock Exchange (FWB) under the symbol “QE4.” BluSky has also applied for electronic clearing and settlement through the Depository Trust Company (DTC), with approval anticipated by Q3 2024. The company also announced the termination of its previously disclosed letter of intent with Carbon Alliance Group Inc., indicating that it will no longer pursue the acquisition of Carbon Alliance.
