Equatic, a cleantech startup derived from UCLA, is set to revolutionize carbon removal and green hydrogen production with a groundbreaking $100 million plant in Quebec, Canada. The company, in collaboration with Deep Sky, plans to commence operations by 2026, aiming to remove over 100,000 metric tons of CO2 annually while simultaneously generating 3,600 tons of green hydrogen for sale. By leveraging projected revenue from hydrogen sales and an innovative ocean-based electrochemical process, Equatic intends to drive down CO2 removal costs to below $100 per ton by 2030. This approach is not only cost-effective but also environmentally friendly, using an energy-efficient electrolyzer to extract CO2 from seawater, making it a vital player in the fight against climate change. Equatic has already initiated construction on a demonstration plant in Singapore and has raised $30 million in funding, with credits selling at $500 per ton. The company has also secured agreements with industry giants like Boeing, signaling a promising future for its innovative carbon capture technology. With a focus on developing commercial facilities to accelerate the global adoption of carbon-neutral practices, Equatic is poised to expand its operations, including plans for additional facilities in the U.S. Equatic's commitment to sustainable solutions has earned it recognition as a semifinalist in the Energy Department's carbon removal tech competition, highlighting its significant role in advancing environmental innovation and combating climate change.