CO2Tech’s mission to shape emissions reduction worldwide reached a new milestone this week, as the company’s name lit up the world-famous Nasdaq MarketSite in Times Square, New York.
The dazzling display celebrated CO2Tech’s selection as a finalist in The Liveability Challenge 2025—Asia’s premier sustainability competition, presented by Temasek Foundation and organised by Eco-Business.
Selected from more than 1,200 submissions spanning 100 countries, CO2Tech’s innovative HyCaps (Hybrid Capture Solution) technology is among the top eight entries set to compete for the grand prize in Singapore on 7 May.
The moment in Times Square served as both international recognition of the team’s hard work and a powerful symbol of the growing global movement for climate solutions.
“Seeing CO2Tech’s name shining in the heart of New York City, on one of the world’s most iconic stages, is a reminder of just how far innovation can travel—and how urgent our mission is,” said Kwong Soon (KS) Chan, Chief Commercialisation Officer at CO2Tech. “This spotlight motivates our entire team and our partners as we work to make industrial decarbonisation a global reality. We are humbled by this recognition.”
Dr Matthias Raab, CEO of CO2CRC and MD of CO2Tech, emphasises: “Rigorous research, commercially relevant trials, and meticulous due diligence underpin our approach to innovation. Reaching this stage among the final eight from 1,200 global participants underscores the robustness of our methodologies and the credibility of our technologies. Collaboration and investment with CO2CRC and CO2Tech consistently translate into tangible, credible advancements capable of significantly reducing industrial emissions worldwide.”
HyCaps combines solvent absorption and membrane separation to create an energy-efficient, modular solution for capturing CO₂—ready to retrofit into existing industrial plants.
For The Liveability Challenge, CO2Tech is working with partners in Singapore to capture biogenic CO₂ and convert it into valuable, low-carbon products, enabling a circular and carbon-negative economy.
The Liveability Challenge grand finale takes place during Ecosperity Week in Singapore, where the winner will be announced on 7 May.
Regardless of the outcome, having CO2Tech’s name up in lights in Times Square is a testament to the global reach HyCaps offers as a scalable solution for climate innovation.
To learn more about HyCaps and CO2Tech’s vision for a carbon-negative future, click here, or contact KS Chan.