Deep Sky has secured a decade long carbon removal agreement with TD Bank, marking one of the longer term offtake deals in the direct air capture space. The deal gives TD access to carbon credits generated by Deep Sky's planned removal projects, which aim to pull CO2 from the atmosphere and store it permanently. The length of the contract signals growing corporate demand for durable carbon removal, not just offsets from forestry or avoided emissions. Beyond the TD deal, Deep Sky is positioning itself as a broader climate tech platform, not just a single project developer. The company is building out infrastructure and partnerships to support multiple removal methods, including direct air capture and enhanced rock weathering. The move reflects a trend where carbon removal firms try to become ecosystem hubs rather than standalone operators, though the actual delivery timelines and per ton costs remain the key questions for the sector.
