Airbus invests in LanzaJet

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Sustainable fuel technology company LanzaJet announced a strategic investment from aerospace manufacturer Airbus.

Sustainable fuel technology company LanzaJet announced a strategic investment from aerospace manufacturer Airbus.

The investment will allow LanzaJet to continue to build its capability and capacity to scale its proprietary ethanol to sustainable aviation fuel (SAF) 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, CEO, 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 decarbonisation goals and developing a more sustainable industry.

The investment is part of LanzaJet’s recent growth equity funding round, with support from leading companies including Southwest Airlines, Microsoft, Groupe ADP, MUFG, and now Airbus.

“SAFs 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, Airbus. “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.

LanzaJet is working to scale ethanol-to-jet globally with projects spanning across 25 countries.

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