Daphne Technology expands into the USA
22 November 2023 08:08
The western Swiss startup Daphne Technology is expanding into the USA. According to a statement, it is establishing a branch in Houston, Texas. It will be managed by Jamie Brick, who reportedly brings some 15 years of experience in the gas industry. His background includes work at McKinsey & Company, where he advised companies in the sector.
Daphne Technology sees great potential in the USA for its technologies that reduce toxic pollutants from industrial sources. One example is SlipPure, a technology for reducing methane emissions in the exhaust gases of natural gas-powered engines that can be used in industries such as shipping.
Another technology, SulPure, offers a post-combustion solution that not only reduces toxic emissions but also produces valuable fertilizer. With its PureMetrics system, the start-up enables the direct measurement and real-time reporting of greenhouse gas emissions.
“The market is vast, with approximately 30,000 potential gas compressors,” commented Brick of Daphne Technology’s potential in North America. He also referred to environmental regulations becoming more stringent in the USA.
Daphne Technology is a spin-off from the Swiss Federal Institute of Technology Lausanne (EPFL) and is headquartered in Saint-Sulpice. The startup's backers include major oil and gas companies such as Shell and Saudi Aramco.
Daphne Technology will be exhibiting in the SWISS Pavilion at the UN Climate Change Conference (COP 28) in Dubai from 30 November to 12 December. ce/ssp