STAX Engineering gets funding boost, launches carbon capture trials with Seabound

U.S.-based maritime emissions capture and control company STAX Engineering has secured a $70 million funding boost, alongside launching new carbon capture trials with UK-based carbon capture technology company Seabound.

The investment is expected to fuel STAX’s growth, scaling the deployment of its emissions capture and control technology while advancing carbon capture initiatives — bringing the company closer to its goal of capturing 1% of global greenhouse gas (GHG)