LanzaJet
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
* | $50.0m | Late VC | |
* | $50.0m | Grant | |
* | $30.0m Valuation: $250m | Growth Equity VC | |
* | $70.0m Valuation: $250m | Growth Equity VC | |
Total Funding | €195m |
Recent News about LanzaJet
EditLanzaJet is a pioneering company in the sustainable aviation fuel (SAF) sector, focusing on reducing carbon emissions in the aviation industry. The company operates in the renewable energy market, specifically targeting airlines and aviation fuel suppliers. LanzaJet's core business model revolves around producing SAF using its proprietary Alcohol to Jet (ATJ) technology, which converts low carbon ethanol into jet fuel. This technology is highly scalable and compatible with existing aircraft and infrastructure, making it a viable solution for immediate and long-term carbon reduction in aviation.
LanzaJet generates revenue by producing and selling SAF and renewable diesel to airlines and fuel distributors. The company also collaborates with various stakeholders, including governments and environmental organizations, to promote the adoption of sustainable fuels. By addressing the urgent need for decarbonization in aviation, LanzaJet is positioned as a leader in the transition to net-zero emissions.
Keywords: Sustainable Aviation Fuel, ATJ technology, low carbon ethanol, renewable diesel, aviation decarbonization, scalable solution, net-zero transition, aviation industry, fuel suppliers, carbon emissions.