Vaulted Deep Secures Major Offtake Agreement with Microsoft

Vaulted Deep, a waste management company pioneering the removal of excess organic material from the environment, has announced a groundbreaking offtake agreement with Microsoft. The 12-year deal will see Vaulted deliver up to 4.9 million tonnes of durable carbon dioxide removal through its waste management infrastructure. This strategic partnership will enable Vaulted to rapidly expand its operations across the US, leveraging its proven approach to manage organic waste, including biosolids, manure, paper sludge, and food and agricultural residues.

The company's innovative approach involves storing organic waste in stable geologic formations, sealed by impermeable rock layers thousands of feet underground. This method not only removes carbon from the atmosphere but also reduces methane emissions and helps keep trace contaminants out of local environments. To date, Vaulted has removed nearly 18,000 tonnes of CO2 and diverted over 69,000 tonnes of organic waste from surface application, landfilling, and incineration.

Key Takeaways:

• Vaulted Deep has secured a 12-year offtake agreement with Microsoft, committing to deliver up to 4.9 million tonnes of durable carbon dioxide removal.
• The agreement will enable Vaulted to rapidly expand its operations across the US, leveraging its proven approach to manage organic waste.
• The company's methodology is certified by the carbon registry, ensuring over 1,000-years of durability and scientifically validated tonnes of permanent carbon removal.
• To date, Vaulted has removed nearly 18,000 tonnes of CO2 and diverted over 69,000 tonnes of organic waste from surface application, landfilling, and incineration.
• The partnership reflects a broader shift in how carbon removal is being deployed, moving beyond pilots and prototypes to large-scale existing infrastructure with novel applications.
• Vaulted Deep's technology has been safely operating since 2008 and is permitted in multiple states,with its first application in organic waste being in Los Angeles.

Statistics:

• 4.9 million tonnes of durable carbon dioxide removal over 12 years
• 18,000 tonnes of CO2 removed to date
• 69,000 tonnes of organic waste diverted from surface application, landfilling, and incineration
• 1,000-years of durability certification by the carbon registry
• $5 million in local economic investment generated in the first 18 months of operations
• 18 full-time jobs created in the Great Plains region in the first 18 months of operations
• 20% of Los Angeles' biosolids handled by Vaulted
• 75% of the City of Derby's biosolids managed by Vaulted in Kansas

Sources:

• PRNewswire, "Vaulted Deep, a waste management company turning excess organic material into permanent carbon removal, today announced a new offtake agreement with Microsoft."
• Vaulted Deep, "About Vaulted Deep"
• Microsoft, "Microsoft and Vaulted Deep partner to accelerate durable, high-integrity carbon removal"