Search company, investor...
ION Engineering company logo

ION Engineering

ion-engineering.com

Founded Year

2008

Stage

Unattributed | Alive

Total Raised

$650K

Last Raised

$650K | 4 yrs ago

Revenue

$0000 

About ION Engineering

ION offers a host of services and technologies to help businesses determine a possible path to reduce emissions. ION performs costing studies, technical economic analyses, and facilities evaluations for potential customers to gauge all of the necessary steps for effective CO2 capture.

Headquarters Location

3052 Sterling Circle Suite 200

Boulder, Colorado, 80301,

United States

303-997-7097

Missing: ION Engineering's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: ION Engineering's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

ION Engineering Patents

ION Engineering has filed 3 patents.

The 3 most popular patent topics include:

  • Carbon dioxide
  • Chemical processes
  • Gas technologies
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/18/2018

11/9/2021

Gas technologies, Chemical processes, Industrial gases, Carbon dioxide, Fluid dynamics

Grant

Application Date

1/18/2018

Grant Date

11/9/2021

Title

Related Topics

Gas technologies, Chemical processes, Industrial gases, Carbon dioxide, Fluid dynamics

Status

Grant

Latest ION Engineering News

ION Engineering completes carbon capture demonstration in Norway

Jun 8, 2017

Thursday June 8, 2017 0 comments Tags: Boulder , ION Engineering , Erik Mueleman , Buz Brown , Advanced Liquid Absorbent System BOULDER -- ION Engineering , a leading carbon capture technology company based in Boulder, today announced it has successfully completed a six-month demonstration of its carbon capture system at the CO2 Technology Center Mongstad (TCM) in Norway. During the TCM campaign, ION said it conducted more than 150 individual experiments, testing its system on residue fluid catalytic cracker (RFCC) gas from Statoil's refinery, which closely resembles the CO2 concentration of the flue gas produced in coal-fired power plants. It also tested on flue gas from TCM's combined heat and power (CHP) plant, which is fueled by natural gas. To date, ION is the only U.S. company to have successfully tested its capture technology on RFCC gas at TCM. ION said its proprietary Advanced Liquid Absorbent System (ALAS) is comprised of a liquid absorbent, process technology, and the company's newest analytical technology -- a Multicomponent Liquid Analyzer (MLA) capable of near-real-time compositional analysis of the liquid absorbent. ION said its ALAS campaign successfully captured more than 90% of the CO2 during steady-state testing from both the refinery and natural gas-fired flue gases with CO2 product purity of greater than 99%. ION said ALAS consistently exceeded expectations from its predictive modeling. On the CHP flue gas, the ALAS required significantly less energy when compared with the industry-standard 30% MEA solvent previously tested at TCM with minimal solvent loss and emissions. ION said it also conducted the first successful field tests of two of its MLA devices and validated their performance when compared to traditional wet laboratory analyses. By the end of the campaign, ION said it captured more than 14,000 tons of CO2, the equivalent of removing nearly 3,000 vehicles from the road. ION said its successful technology demonstration puts the company in a leading position for broad scale deployment of carbon capture technologies on a global basis. "The TCM campaign has proven that ION's Advanced Liquid Absorption System is capable of successfully capturing over 90% of CO2 from refinery flue gas and natural gas, with low emissions and energy requirements," said Dr. Erik Meuleman, ION’s CTO. "Our technical team installed, tested and verified the operation of our breakthrough MLAs. The analyzers are a total game changer, providing near real-time composition analysis of the liquid absorbent, which streamlines the operation of the entire plant and reduces operating costs." ION said the International Energy Agency (IEA) has conclusively determined there are no other practical alternatives to the use of carbon capture technology to achieve deep decarbonization and the requisite CO2 reductions under the international Paris Agreement. "TCM has proven to be an excellent facility operated by very experienced engineers, providing an endless pool of invaluable data,” said Dr. Buz Brown, ION’s CEO. “The collaboration was simply fantastic. We now feel extremely comfortable designing and building commercial CO2 capture plants utilizing our Advanced Liquid Absorption System." Funding for ION's multi-phase project -- more than $25 million -- was provided by the Department of Energy's NETL, with significant in-kind contributions from TCM. The first phase of the project was conducted at the National Carbon Capture Center in Wilsonville, Ala., where ION successfully demonstrated its capture system on coal-fired flue gas.

ION Engineering Frequently Asked Questions (FAQ)

  • When was ION Engineering founded?

    ION Engineering was founded in 2008.

  • Where is ION Engineering's headquarters?

    ION Engineering's headquarters is located at 3052 Sterling Circle, Boulder.

  • What is ION Engineering's latest funding round?

    ION Engineering's latest funding round is Unattributed.

  • How much did ION Engineering raise?

    ION Engineering raised a total of $650K.

  • Who are the investors of ION Engineering?

    Investors of ION Engineering include U.S. Department of Energy.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.