BluSky, an innovative player in the carbon removal and clean technology sector, has signed a Joint Venture Agreement with Texas-based Red Mountain Biochar.
The Joint Venture aims to capitalise on various biochar offtake and project financing opportunities, with a strong focus on the Southern United States. Key areas of focus include biochar production and processing, the deployment of carbon removal technologies, and the exploration of related industries. The venture will also seek out additional commercial opportunities as they arise. Both BluSky and Red Mountain will equally fund joint activities, with no obligation for either party to pursue any specific projects.
Red Mountain CEO Bill Wyatt said, “BluSky Carbon is establishing itself as a global leader in biochar production. BluSky’s technology, the sophistication of their operations, and the professionalism of their team make it a no-brainer to partner. BluSky is the missing link for the many opportunities we have in our pipeline.”
Red Mountain was founded to turn forestry and agricultural waste into high-quality biochar, promoting sustainability and innovation in the concrete, steel, and agricultural sectors. With expertise in converting industrial-scale biomass waste into eco-friendly, revenue-generating alternatives through cost-efficient carbon removal technologies, Red Mountain complements BluSky’s strengths in technology, manufacturing, and carbon markets.
BluSky CEO Will Hessert said, “Red Mountain Biochar is led by a tremendous team that has extensive expertise in business development, manufacturing, and lumber industry practices. Additionally, Red Mountain has built a strong pipeline of opportunities for projects, sales agreements, and project financing opportunities. Married with our expertise in technology and carbon markets, we are excited to have this opportunity to join with them to pursue mutually advantageous projects as industry partners.”
Additionally, BluSky has engaged DSS-Digital Service Solution GmbH (DSS) to provide content creation, search engine optimization, and investor relations services. DSS, based in Vienna, Austria, will begin work immediately for a fee of $15,000. BluSky confirms that DSS and its principals have no direct or controlling interest in the company.