LanzaJet, a leader in sustainable fuels technology and production, has announced a significant strategic investment from Airbus. This funding will bolster LanzaJet’s efforts to scale its proprietary ethanol-to-sustainable aviation fuel (SAF) technology.
The investment from Airbus is a key component of LanzaJet’s latest growth equity funding round, which has also garnered support from major industry players globally. Recent contributions to LanzaJet’s funding round have come from notable entities across the SAF value chain, including Southwest Airlines, Microsoft, Groupe ADP, MUFG, and now Airbus.
Expanding Investor Base
In addition to Airbus, LanzaJet’s expanding roster of investors 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. This diverse group underscores the broad support for LanzaJet’s innovative approach to sustainable fuels.
Pioneering SAF Production
LanzaJet is in the process of launching the world’s first commercial-scale production facility for ethanol-to-SAF at its LanzaJet Freedom Pines Fuels plant in the U.S. This plant will manufacture SAF and renewable diesel from low-carbon, sustainable ethanol and is set to serve as a model for scaling SAF production worldwide.
With projects extending across 25 countries and five continents, LanzaJet’s global mission to scale ethanol-to-jet technology is supported by strategic partnerships throughout the SAF value chain. This network of key players is crucial to advancing the company’s goal of widespread SAF adoption and production.
Industry Impact
LanzaJet’s advancements in SAF technology represent a significant step towards reducing the aviation industry’s carbon footprint. The company’s commitment to scaling sustainable fuels is aligned with broader efforts to address climate change and foster innovation in renewable energy solutions.