In Illinois, LanzaJet announced a strategic investment from Airbus, which will enable the company to continue to build its capability and capacity to scale its proprietary ethanol to sustainable aviation fuel process technology.
“LanzaJet intentionally developed a diverse portfolio of strategic investors comprised of leading, global companies to ensure we have the ecosystem to scale the SAF industry,” said Jimmy Samartzis, Chief Executive Officer of LanzaJet. “This important investment from Airbus supports the growth of our company, enabling LanzaJet to scale the production and deployment of SAF to continue working towards meeting aviation’s decarbonization goals and developing a more sustainable industry.”
LanzaJet is currently starting up what it claims to be the world’s first commercial-scale production of ethanol-to-SAF at LanzaJet Freedom Pines Fuels.
In addition to Airbus, LanzaJet’s portfolio of investors and funders now includes All Nippon Airways (ANA), Breakthrough Energy, British Airways, Groupe ADP, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., MUFG, Shell, Southwest Airlines, and Suncor Energy.
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Tags: Airbus, Illinois, LanzaJet, SAF
Category: Fuels
