LanzaJet Announces Strategic Investment from Airbus


   
    

    

   OAKHURST, N.J. (DTN) --- LanzaJet today announced a strategic investment 
from Airbus, enabling LanzaJet to continue to build its capability and capacity 
to scale its proprietary ethanol to sustainable aviation fuel process 
technology.

   Airbus' investment is part of LanzaJet's recent growth equity funding round, 
with support from leading companies across industries and around the world. In 
the last few months, LanzaJet has announced investments from leaders across the 
SAF value chain, including Southwest Airlines, Microsoft, Groupe ADP, MUFG, and 
now Airbus.

   "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, CEO 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."

   Julie Kitcher, chief sustainability officer at Airbus, said, "Sustainable 
aviation fuels are one of the most important levers available to decarbonise 
aviation, but their production is still limited. Our partnership with LanzaJet 
demonstrates Airbus' commitment to work with leading energy technology 
suppliers to explore innovative production pathways and scale SAF. This 
important partnership with LanzaJet underlines the importance of new 
technologies and cross-sector collaboration to achieve net-zero CO2 emissions 
by 2050."

   In addition to Airbus, LanzaJet's portfolio of investors and funders now 
includes All Nippon Airways, Breakthrough Energy, British Airways, Groupe ADP, 
LanzaTech, Microsoft's Climate Innovation Fund, Mitsui & Co., MUFG, Shell, 
Southwest Airlines, and Suncor Energy. 

   At the forefront of next generation sustainable fuel technology, LanzaJet is 
currently starting up the world's first commercial-scale production of 
ethanol-to-SAF at LanzaJet Freedom Pines Fuels. Located in the United States, 
the historic plant will be producing SAF and renewable diesel from low-carbon 
and sustainable ethanol and serves as a blueprint to scale SAF production and 
combat the worsening climate crisis. With projects spanning 25 countries and 5 
continents, LanzaJet is working to scale ethanol-to-jet globally, and 
partnering with key players across the SAF value chain is critical to that 
mission.

    




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