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LanzaJet Announces Strategic Investment from Airbus
LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, announced a strategic investment from Airbus, a worldwide leader at the forefront of the aviation industry. The investment enables LanzaJet to continue to build its capability and capacity to scale its proprietary ethanol to sustainable aviation fuel (SAF) 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 from across the SAF value chain, including Southwest Airlines, Microsoft, Groupe ADP, MUFG, and now Airbus. 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.
LanzaJet Announces Strategic Investment from MUFG
LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, announced an investment from MUFG, one of the world’s leading financial groups with total assets of approximately $2.9 trillion. The investment enables LanzaJet to continue building its capability and capacity to deploy its proprietary ethanol to sustainable aviation fuel (SAF) process technology.
MUFG’s investment is part of LanzaJet’s current $100 million 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 Southwest Airlines, Microsoft, Groupe ADP, and now MUFG. While SAF production continues to scale, LanzaJet maintains its role in developing the industry by continuing its work building the ecosystem required to decarbonize aviation through SAF. LanzaJet continues to be at the forefront by commercializing its next generation ethanol-to-SAF technology and opening its fully-funded LanzaJet Freedom Pines Fuels biorefinery – the world’s first commercial-scale ethanol-to-SAF plant. Located in the United States, the historic plant will produce SAF and renewable diesel from low-carbon and sustainable ethanol and achieve International Sustainability and Carbon Certification (ISCC).