We are building our first large-scale plant. It's going to be in Texas, for a variety of good reasons. It will be the largest direct air capture facility in the world. It will do the work of about 40 million trees. That will go operational in 2023, and that will become a cash-positive plant. Then as we roll out more of those plants, as we make synthetic fuel out of CO2 from the atmosphere to help decarbonize the transportation sector, we expect to build more and more plants. Each plant generates a royalty stream back to Carbon Engineering. It's our very strong intent to remain a Canadian company, and we will then invest back into R and D and build that business.
We will start to have plants that are profitable starting in 2023-24, and that's relevant because we started the business almost 15 years ago. The timeline for investment is 15 years and it's very, very challenging in the private sector to raise money that way.