Ionada Secures Grant to Accelerate Global Carbon Capture Innovation

Ionada Secures Grant to Accelerate Global Carbon Capture Innovation

Ontario, Canada – August 20, 2025 – Ionada, a global climate technology company, has received grant funding from the NGIF Accelerator to advance its cutting-edge modular carbon capture system. This funding will support the construction and demonstration of an industrial-scale unit, marking a significant step toward commercial deployment.

This initiative builds on Ionada’s previous success with NGIF and the new project will deliver critical operational data to inform future investment decisions and scale-up strategies.

Ionada’s patented Hollow Fiber Membrane Contactor (HFMC), combined with amine CO₂ solvents, offers a compact, containerized solution that is:

  • 50% smaller
  • 30% more cost-efficient than traditional carbon capture systems.

Designed for rapid installation and scalability, Ionada’s system is ideal for small to mid-sized emitters across industries such as natural gas, hydrogen, steel, cement, marine, and thermal power generation.

The project is supported by a coalition of Canadian energy companies, the Petroleum Technology Alliance Canada (PTAC), and NGIF Accelerator.

“Ionada’s modular carbon capture system aligns with our mission to accelerate practical, scalable, and economically viable emissions-reducing technologies,” said John Adams, President and CEO of NGIF Accelerator.

“We’re proud to receive this grant from NGIF Accelerator. Our systems are not only environmentally friendly but also deliver measurable efficiency and cost benefits. This support enables us to push forward with our next-generation decarbonization technology,” said Edoardo Panziera, CEO of Ionada.

“NGIF was founded to unite the natural gas value chain in support of cleantech innovation. Ionada’s project is a powerful example of that vision in action,” said Timothy M. Egan, President and CEO of the Canadian Gas Association.

About the NGIF Accelerator

NGIF Accelerator is the not-for-profit arm of NGIF Capital and operates all technology and innovation programs. The NGIF Accelerator mandate is to de-risk and accelerate technology development by supporting startups through their pilot projects, field trials, and industry validation. It will coordinate with federal and provincial governments to co-fund projects to advance market commercialization. NGIF Accelerator currently operates the Industry Grants program and administers the NGIF Emissions Testing Centre program.

About Canadian Gas Association

The Canadian Gas Association (CGA) is the voice of Canada’s gas energy delivery industry, including natural gas, renewable natural gas (RNG), and hydrogen. Its members are distribution and transmission companies, equipment manufacturers and suppliers and other service providers. Today, natural gas meets almost 40 per cent of the country’s energy needs.

About Ionada

Ionada is a global leader in post-combustion carbon capture technologies. Its mission is disruptive sustainability—delivering solutions that reduce emissions while creating financial value for clients. Learn more at https://www.ionada.com.

Media Contact:
Zana Milhajlovic
Media Manager
suzana.mihajlovic@ionada.com

 

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Jonathan has built his career around turning complex technologies into commercial businesses. He co-founded Sustainable Energy Technologies, now Eguana Technologies, and held business development roles at Hydrogenics, now part of Cummins, before helping climate and deep-tech companies navigate commercialization through MaRS Discovery District. At Ionada, he leads business development and strategic partnerships—connecting carbon capture technology with the customers, projects, and opportunities needed to accelerate commercial deployment.

Alan Sasnowski

Program Manager

Alan has spent more than 30 years taking promising engineering programs from concept to launch. Across Magna, BionX, and Elby, his work has spanned product development, prototyping, supplier coordination, testing, and production readiness. At Ionada, he brings those moving pieces together, driving multidisciplinary programs that turn carbon capture technology into systems ready to build, deploy, and scale.

Edoardo Panziera

Founder & Chief Executive Officer

Edoardo has built his career at the intersection of technology, product development, and commercialization. He has led advanced environmental technologies from concept and laboratory testing through pilots and commercial implementation across multiple industries.

Driven by the belief that breakthrough technologies only create impact when they are successfully deployed in the real world, Edoardo has guided Ionada from an early-stage concept into a globally recognized carbon capture technology company.

Dave Pascoe

Chief Operating Officer

Dave has spent almost 40 years turning advanced engineering into products that can actually be built and delivered. As a former CTO at IAC and engineering executive at Magna International, he led global technology, product development, manufacturing, and operational initiatives at scale. At Ionada, he brings that operating discipline to carbon capture—building the processes and capabilities needed for reliable, repeatable commercial deployment.

Michael Willetts

Chief Financial Officer

Michael brings 30 years of financial leadership spanning global industry and emerging green technology, from Ford Motor Company to Forward Water Technologies. His career has focused on financial strategy, corporate governance, and investment management across businesses at very different stages of growth. At Ionada, he leads financial strategy, risk management, and capital allocation—building the financial foundation needed to commercialize and scale.

Dr. Nader Mosavat

Vice President, Research & Development

Nader has spent more than 15 years working on the question at the heart of carbon capture: how to take promising science and make it work at industrial scale. A PhD engineer, his career spans CCUS research, process development, field validation, and technology scale-up across academic and industrial settings. At Ionada, he leads the technical roadmap, validation, and performance advancement, moving the technology toward commercial-scale deployment.