Deep Sky is experiencing another shift in leadership, as Phil De Luna, its chief science and commercial officer, has announced he is resigning from his position at the company.
The news, shared in a LinkedIn post by De Luna himself, comes just a couple of months after the company went through a switch of chief executive officers, when Damien Steel stepped down to an advisor role and Alex Petre took the lead.
This announcement follows Deep Sky’s milestone achievement of completing the construction of its direct air capture (DAC) innovation and commercialization center called Alpha, which is set to launch carbon removal operations this summer in Alberta, Canada.
Talking about the motivation behind the decision to resign at Deep Sky, Phil De Luna stated in his LinkedIn publication, “I’ve reached a point where I’m ready to take on a new challenge. I’ve outgrown my current role, and it’s time to stretch again—to build something new I own from the ground up.”
De Luna leaves Deep Sky at a moment when the company’s landmark Alpha facility is about to kick off operations, with the first carbon removal credits expected to be generated by the end of 2025.
Deep Sky Alpha will serve to test up to 10 different DAC technologies under the same conditions, looking for opportunities to optimize their performance and unlock pathways for reducing the expenses typically associated with DAC, looking to deliver next-gen, cost-effective DAC solutions.
ClimeFi has provided rating coverage for Deep Sky Alpha, and Isometric has been selected as the registry to issue the carbon credits from this facility.
Relevant: Alex Petre Named As New Deep Sky CEO As Damien Steel Steps Down From His Post
So far, the project has received $130 million in funding from leading global investors, as well as millions of dollars secured in offtakes with key buyers, including Microsoft, Royal Bank of Canada, Rubicon Carbon, and Wild Assets.
Recently, the facility also garnered backing from the government of Alberta, which allocated $3.6M in support for this project that is expected to introduce economic and sustainable energy benefits for the Canadian province.
Read more: Deep Sky Announces Its Landmark Alpha Cross Tech CDR Center Is Now Fully Built
