Launched four years ago and based in Calgary, Carbon Upcycling Technologies is turning CO2 into a product to prevent erosion in infrastructure. Its competitive advantage derives from making infrastructure more efficient. In 2017, CUT saw positive revenues from its corrosion protection product, and this year it launched an additive for the plastics market. CUT, an X-Prize finalist, has found clients such as Costco, McDonald’s, Dunkin’ Donuts, Red Lobster, and Starbucks franchises. Contractors in Miami-Dade, Florida and Portland, Oregon have also used the company’s technology.