Topic: geographic operations
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Tech Giants Back Terradot in Carbon Removal Acquisition
Terradot, a tech-backed startup, is acquiring competitor Eion, driven by investor preference for firms capable of executing large-scale carbon removal contracts. Both companies use enhanced rock weathering, a technique that removes CO₂ by applying crushed minerals to farmland, but its scalability...
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Zipline Secures $600M to Expand Drone Delivery Network
Zipline has secured $600 million in new funding to accelerate its U.S. expansion, planning to launch in Houston and Phoenix and reach at least four states by 2026. The company operates a proprietary drone ecosystem, delivering a wide range of goods globally and recently surpassing two million tot...
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