Deep Sky has delivered its first batch of certified direct air capture carbon credits and secured a strategic investment from Sumitomo Mitsui Banking Corporation (SMBC). The credits come from Deep Sky's pilot DAC facility in Canada and have been verified under a recognized carbon standard. This marks one of the early instances of certified DAC credits reaching the market, a milestone for the carbon removal sector. The SMBC investment adds financial backing from a major global bank, signaling growing institutional interest in engineered carbon removal. For anyone tracking the carbon credit market, this is a concrete data point: certified DAC credits are now being delivered and bought, not just announced. The deal also shows that banks are starting to put capital behind removal technologies, not just avoidance offsets.
