Image: LanzaJet
LanzaJet, a sustainable fuels technology company, has received a strategic investment from Airbus to help expand LanzaJet’s ethanol-to-sustainable aviation fuel (SAF) technology. “LanzaJet intentionally developed a diverse portfolio of strategic investors comprised of leading, global companies to ensure we have...
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LanzaJet, a sustainable fuels technology company, has received a strategic investment from Airbus to help expand LanzaJet’s ethanol-to-sustainable aviation fuel (SAF) 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.”
The investment from Airbus is part of LanzaJet’s recent funding round, which has also included support from Southwest Airlines, Microsoft, Groupe ADP, and MUFG.
“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,” said Julie Kitcher, Chief Sustainability Officer at Airbus. “This important partnership with LanzaJet underlines the importance of new technologies and cross-sector collaboration to achieve net-zero CO2 emissions by 2050.”
LanzaJet’s investors also include All Nippon Airways (ANA), Breakthrough Energy, British Airways, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., Shell, and Suncor Energy.
LanzaJet is starting up the world’s first commercial-scale production of ethanol-to-SAF at its Freedom Pines Fuels facility in the United States. This plant will produce SAF and renewable diesel from low-carbon ethanol. With projects in 25 countries, the company aims to expand ethanol-to-jet technology globally, partnering with key players in the SAF value chain.
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