Iceland · Pre-revenue R&D

Converting CO₂
into fuels and
chemicals

NEXSURF develops advanced catalyst systems for the electrochemical conversion of CO₂ and CO, targeting CO and formate as initial products — expanding toward methane, ethanol, and other fuels and chemicals as the platform matures — using renewable electricity, materials science, and computational discovery.

3
Catalyst Families
Discovery
DFTDensity Functional Theory — quantum-mechanical simulation that predicts how CO₂ behaves on a material's surface before anything is made in the lab.Get a simple explanation → · MLMachine learning — models trained on our simulation data to predict promising catalysts we haven't computed yet.Get a simple explanation → · Experiment
2026–2028
Validation & Licensing Focus

Our role starts
after capture

NEXSURF does not develop carbon-capture technology. We develop catalyst technologies for the next stage: converting a supplied CO₂ or CO stream into useful fuels and chemicals.

European direction
−55%

Minimum net greenhouse-gas reduction by 2030 compared with 1990.

2050

The European Union's legally binding climate-neutrality target.

1.2%

Required share of synthetic aviation fuels at EU airports from 2030.

These policies create demand for technologies that can use renewable energy and supplied CO₂ as inputs for lower-carbon fuels and chemicals.

NEXSURF target

Build a licensing-ready catalyst platform for CO₂ conversion.

NEXSURF develops, validates, and protects catalyst IP that can help industrial partners convert supplied CO₂ and CO into fuels and chemicals using renewable electricity.

  • Reduce reliance on fossil carbon feedstocks where lifecycle performance supports it.
  • Improve the selectivity, stability, and practical performance of electrochemical conversion.
  • Scale through licensing, joint development, and technology transfer—not a near-term factory build-out.

CO₂ capture is scaling.
Carbon utilization still needs better catalysts.

CO₂ is the main driver of climate change — and emissions are still setting records. Capture is finally scaling, but capturing carbon is only half the equation. Converting it into useful fuels and chemicals at scale remains a critical bottleneck — held back by energy demand, product selectivity, and catalyst stability.

38.1 GtCO₂
Projected fossil CO₂ emissions in 2025 — a record high
Source: UC Davis / Global Carbon Budget ↗
422.8 ppm
Global annual atmospheric CO₂ in 2024
Source: NOAA ↗
+1.47 °C
2024 warming above the pre-industrial average
Source: NASA ↗

Data: UC Davis / Global Carbon Budget 2025 · NOAA · NASA

High Energy Demand

CO₂ is thermodynamically stable and fully oxidized, so converting it into reduced products requires energy. Catalysts can reduce kinetic losses and improve selectivity, while overall economics also depend on electricity, reactor performance, separation, and scale.

Source: U.S. Department of Energy →
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Selectivity Challenge

Catalysts must steer CO₂ toward one target product — say ethanol, or formic acid — rather than wasting energy on a mixture of side products.

⚖️
Stability Barrier

Many catalysts restructure, deactivate, or lose selectivity during operation. Long-duration testing is therefore essential before an industrial process can rely on them.

After capture, CO₂ has two destinations:
store it or convert it.

Capture separates CO₂ from an emission source or from air, but capture alone does not determine what happens next. The captured CO₂ can be stored for long-term carbon management or converted into fuels, chemicals, and materials.

1 · Capturing and storing

Capture is only the first step

🌋
Storage & mineralization

Pioneered in Iceland, captured CO₂ can be injected into reactive basalt, where mineral reactions convert it into stable carbonate rock for durable geological storage.

U.S. DOE/NETL background →
  • What it achieves: durable carbon storage rather than release back into the atmosphere.
  • What it requires: energy and infrastructure for capture, compression, transport, drilling, injection, and monitoring.
  • What it does not create: a fuel or chemical product that can be sold into an existing commodity market.
  • How projects can earn revenue: storage fees, carbon-removal purchases, tax incentives, or policy support—not sale of a converted carbon product.
2 · Converting

Turn captured carbon into useful products

Three major development routes are thermochemical, electrochemical, and biological conversion. Each supplies the energy and reaction environment in a different way.

🔥
Thermochemical conversion

Heat, pressure, and usually hydrogen convert CO₂ into products such as methanol or synthetic fuels.

Climate performance and cost depend heavily on low-carbon hydrogen, process heat, pressure, and capital equipment.
U.S. DOE pathway →
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Electrochemical conversion

Electricity drives CO₂ reduction at a catalyst-coated electrode, potentially linking conversion directly to renewable power.

Efficiency, product selectivity, catalyst lifetime, and full-cell performance must improve together.
U.S. DOE pathway →
🦠
Biological conversion

Algae or non-photosynthetic microorganisms use CO₂ as a carbon source to produce biomass, fuels, or chemicals.

Productivity, reactor scale, organism stability, separation, and feed-gas compatibility remain important constraints.
U.S. DOE pathway →
Electrocatalysis focus

The catalyst determines which products are practical

🥇
Gold & silver benchmarks

Gold and silver are established reference catalysts for selectively converting CO₂ to carbon monoxide.

Gold is expensive, and both routes still depend on full-cell efficiency, durability, and separation costs.
ACS perspective →
🪙
Copper for multi-carbon products

Copper is the best-established elemental catalyst for products with two or more carbon atoms, including ethylene and ethanol.

Broad product mixtures and operating-condition-dependent surfaces complicate selectivity and stability.
ACS review →
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Emerging non-precious families

Carbides, phosphides, nitrides, and doped materials broaden the search beyond precious metals and conventional copper.

Computational promise must be confirmed by independent product analysis, full-cell testing, and long-duration stability data.
DOE National Laboratories →
The NEXSURF difference
  • Non-precious material families are being developed for renewable-electricity-driven conversion.
  • DFT and machine learning narrow the search before experimental validation.
  • Selectivity, stability, and energy efficiency are screened together.
  • A licensing-first model lets partners validate and integrate the catalyst know-how.

Develop catalyst IP for
industrial CO₂ conversion

01
Catalyst families

Develop proprietary catalyst families for electrochemical conversion using renewable electricity.

02
Target products

Prioritize CO and formate as initial targets; expand toward methane, ethanol, and other higher-value fuels and chemicals as validation and partner needs progress.

03
Validation packages

Build partner-ready evidence around selectivity, stability, product formation, and application-relevant performance.

04
Licensing & joint development

Transfer validated catalyst IP and know-how to industrial partners rather than building production infrastructure in-house.

Platform at a Glance
3
Proprietary catalyst families in development
500+
Candidate surfaces screened in internal computational studies
30+
Candidates shortlisted in internal in-silico studies
Development Priorities
Lower
Energy input, to be benchmarked quantitatively
Higher
Product selectivity, to be benchmarked quantitatively
Longer
Operating stability, to be benchmarked quantitatively

Screening counts are internal project metrics. Predicted performance remains to be confirmed through application-relevant experiments.

Computational discovery →
targeted validation → transfer

Our three-stage pipeline moves from atomic-scale simulation to planned electrochemical testing and, when performance is verified, toward transfer-ready catalyst know-how for industrial partners.

01
🔍
Screen
Achieved

DFT calculations, machine learning, and materials expertise identify promising surfaces and narrow the candidate space before experimental validation.

02
⚗️
Validate
Ongoing

Priority candidates move into targeted validation, including electrochemical benchmarking, stability screening, and product selectivity analysis where experimental capacity is available.

03
🤝
Transfer
Upcoming

Validated catalyst know-how, IP strategy, and performance data can be packaged for industrial collaboration, licensing, or joint development with partners.

Evidence first.
Asset-light by design.

NEXSURF is built to de-risk carbon utilization through compute-first screening, relevant external evidence, and a patent-pending, licensing-first business model.

🧠
Compute-first discovery

DFT and machine learning screen hundreds of candidate surfaces before lab validation, so experiments can focus on shortlisted materials. Predicted performance is treated as a hypothesis until it is tested experimentally.

🛡️
Patent-pending & asset-light

Three priority applications were filed in 2024; the corresponding international (PCT) applications were published in 2026, with national-phase decisions ahead. The applications are pending; publication is not a patent grant.

View the official technology-transfer record →
Technical snapshot
Development track Target CO₂ products Evidence Status
Computational screening track CO, formate Multi-facet DFT datasets; machine-learning screening Internal count: 500+ surfaces screened; candidates shortlisted for electrochemical testing
Mechanism mapping track Methane, CO Carbide CO₂-to-CO and methane pathways; carbonitride CO₂-to-methane pathways DFT pathways published; screening ongoing; experimental validation pending

Published studies and DOIs are public. Unpublished compositions, non-public datasets, and partner-specific validation details are shared under NDA.

Milestones already behind us

NEXSURF has moved from catalyst screening to patent-pending IP, public international applications, and preparation for experimental validation.

  • 2016 – 2023
    Scientific foundation

    Years of peer-reviewed DFT research on advanced electrocatalyst materials at the University of Iceland.

  • Jul – Aug 2024
    Three priority applications filed

    Initial applications filed for three catalyst-family inventions; all remain patent pending.

  • 2024 – 2025
    DFT reaction pathways published

    Peer-reviewed DFT studies map reduction pathways on carbide, phosphide, and carbonitride catalyst families.

  • Jul – Aug 2025
    International PCT applications

    International applications filed for the three catalyst families through the PCT route.

  • Jan – Feb 2026
    PCT applications published

    Three international applications became public, expanding the company's public IP footprint.

  • 2026
    Partner & investor outreach underway

    Active discussions with industrial partners and deep-tech investors ahead of national-phase entries in 2027.

Where our materials stand
Experimental validation gate
Next evidence step

Application-relevant electrochemical benchmarking is planned. No proprietary-candidate performance is claimed before those measurements are complete.

Full status of the computational screening and mechanism-mapping tracks is in the evidence section above.

From discovery to
commercial deployment

2026 – 2028
Early Validation

Core experimental validation and benchmarking. Proof-of-concept system design. IP protection through strategic patent filings. Outreach to research and industrial partners.

2028 – 2031
Application Validation

Demonstrate performance under application-relevant conditions — proof of concept. Expand external testing and strengthen strategic partnerships. Outreach to deep tech investors.

2032 – 2035
Pilot Readiness

Transition from laboratory validation toward pilot-scale readiness. Secure funding and industrial support for pilot-scale activities.

2035+
Commercial Deployment

Scale deployment through strategic pilot partnerships and licensing models. Support industrial integration and joint development initiatives across target markets.

Icelandic deep-tech,
university-rooted.

NEXSURF ehf. is an Icelandic pre-revenue R&D company developing proprietary catalyst technologies for electrochemical carbon conversion. The company combines computational screening, targeted validation, and IP development in one partner-focused platform.

Our initial commercial path is through catalyst IP generation, validation, and technology transfer to industrial partners who are building infrastructure for potentially lower-carbon fuel and chemical production.

🇮🇸 Iceland Pre-revenue R&D Research-led platform DFT · ML · Experiment CO₂ → Fuels & Chemicals
YA
Dr. Younes Abghoui
Founder & Scientific Lead

Leads scientific strategy, catalyst design, validation priorities, and IP development.

NA
Naveed Ashraf
PhD Researcher · Computational Catalysis

Leads computational screening of catalyst surfaces and selection of candidates for experimental validation.

🎓
University of Iceland
Mohammadreza Khaniha
PhD Researcher · Machine Learning & Data

Develops the machine-learning screening pipeline, candidate ranking, and data workflow for catalyst discovery.

Muhammad Awais
PhD Researcher · Computational Catalysis

Models CO₂ activation on the platform's catalyst surfaces and extends the development pipeline toward new target products.

Trusted scientific references

General claims on this page use U.S. government science and U.S.-based scientific institutions. NEXSURF-specific claims retain their original primary records.

NEXSURF-specific publications and public patent records are linked where their claims appear. Confidentiality applies only to unpublished material and non-public development data.

What we're looking for

NEXSURF is entering its validation phase. We are looking for the capital, infrastructure, and industrial partners to carry shortlisted candidates from the lab toward licensing.

💶
Investment

Deep-tech pre-seed / seed funding to finance experimental validation, proof-of-concept system design, national-phase entries from 2027, and non-dilutive innovation grants.

Talk to us about investing →
🏭
Industry collaboration

CO₂ suppliers, capture operators, e-fuel companies, and chemical producers for joint development: testing our catalysts under application conditions and shaping early licensing agreements around real industrial needs.

Become a development partner →
🔬
Research resources

Electrochemical testing capacity, characterization infrastructure, and academic collaborations to accelerate benchmarking of shortlisted catalyst candidates.

Collaborate on validation →
Go-To-Market
License the catalyst, not the factory
  • Validate shortlisted catalysts and package the know-how, IP, and performance data into transfer-ready packages.
  • License to industrial partners who supply CO₂ streams and build conversion infrastructure — they integrate, we enable.
  • Revenue through licensing fees, development milestones, and royalties — asset-light, with no in-house chemical production.
Growth Strategy
More products, more markets, deeper IP
  • Extend from initial target products (CO, formate) toward more complex multi-carbon fuels and chemicals across three catalyst families.
  • Broaden the patent portfolio: national-phase entries from 2027 and new filings as each family matures.
  • Deepen partnerships from joint development (2028–2031) to pilot deployment and multi-market licensing (2035+).

Partner with us

We welcome conversations with industrial partners, investors, research collaborators, and institutions interested in carbon utilization technology.

📍
Location
Iceland
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