Svante Honored with “Ambition” Award at BC Tech’s 2025 Technology Impact Awards

BURNABY, British Columbia--(BUSINESS WIRE)--Oct 24, 2025--

Svante Technologies Inc. (Svante), a global leader in solid sorbent-based carbon capture and removal solutions, is proud to announce that it has received the “Ambition” Award in the Company of the Year category at the BC Tech Association’s 2025 Technology Impact Awards (TIAs).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251024685583/en/

The Ambition Award celebrates companies that demonstrate bold vision and relentless drive to scale their impact globally. Svante was recognized for its pioneering work in carbon capture and removal technology and its commitment to accelerating the commercial deployment of engineered solutions for carbon management worldwide.

Other finalists in this category included Building Bloc, PBC Solutions, and SenseNet.

“Winning the Ambition Award underscores our determination to lead the world in tackling emissions from the biogenic, industrial, and energy sectors,” said Claude Letourneau, President & CEO of Svante. “Our team is focused on scaling breakthrough carbon capture and removal solutions – and we made a bold bet to do just that by commissioning our 141,000 sq ft filter manufacturing facility, which is now able to make enough filters to capture and remove 10 million tonnes of CO2 annually. By bringing the supply to the market, we’re enabling industries to meet their decarbonization targets while also creating sustainable economic growth both in Canada and abroad.”

This award follows on several large milestones that Svante has reached this year, including the company’s grand opening event (GO25), which celebrated the commissioning of its Centre of Excellence for Carbon Capture & Removal, a facility that manufactures Svante’s solid sorbent-based filters. Further, the company was inducted into the Global Cleantech Group’s Cleantech 100 Hall of Fame and was named on TIME & Statista’s Top 100 Greentech Companies list. Mid-year, Svante announced new carbon capture and removal projects, and rolled out new business units, and welcomed new investments.

About Svante

Svante is a purpose-driven, leading carbon capture and removal solutions provider. The company makes nanoengineered filters and modular rotating contactor machines that capture and remove CO 2 in an environmentally responsible way from industrial emissions and the air. Svante is on the 2025 Global Cleantech 100 and TIME & Statista’s list of Top Greentech Companies of 2025. For more information, visit www.svanteinc.com.

Svante named "Company of the Year: Ambition" at the 2025 BC Tech Technology Impact Awards in Vancouver, BC, Canada.

WASHINGTON (AP) — U.S. forces in the Caribbean Sea have seized another sanctioned oil tanker the Trump administration says has ties to Venezuela, coming as part of a broader U.S. effort to take control of the South American country’s oil.

Homeland Security Secretary Kristi Noem wrote Thursday on social media, “Motor Tanker Veronica had previously passed through Venezuelan waters, and was operating in defiance of President Trump’s established quarantine of sanctioned vessels in the Caribbean.”

A social media post from U.S. Southern Command on the capture said that Marines and sailors launched from the aircraft carrier USS Gerald R. Ford to make the capture while Noem’s post noted that, like in previous raids, a U.S. Coast Guard tactical team conducted the boarding and seizure.

Noem posted a brief video that appeared to show part of the ship’s capture. The black-and-white footage showed helicopters hovering over the deck of a merchant vessel while armed troops dropped down on the deck by rope.

The Veronica is the sixth tanker that has been seized by U.S. forces as part of the effort by President Donald Trump’s administration to control the production, refining and global distribution of Venezuela’s oil products, and the fourth since the U.S. ouster of Venezuela President Nicolás Maduro in a surprise nighttime raid almost two weeks ago.

Noem, in her social media post, said that the raid was carried out with “close coordination with our colleagues” in the military as well as the State and Justice departments.

“Our heroic Coast Guard men and women once again ensured a flawlessly executed operation, in accordance with international law,” Noem added.

This story has been corrected to show the Veronica is the fourth, not the third, tanker seized by U.S. forces since Maduro's capture.

U.S. Homeland Security Secretary Kristi Noem speaks during a press conference, Thursday, Jan. 8, 2026, in New York. (AP Photo/Yuki Iwamura)

U.S. Homeland Security Secretary Kristi Noem speaks at a news conference at Harry Reid International Airport, Nov. 22, 2025, in Las Vegas. (AP Photo/Ronda Churchill, File)