Image Credits: Thomas Jackson / Getty Images The energy giant Shell has joined a slew of strategic investors — including All Nippon Airways, Suncor Energy, Mitsui and British Airways — in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel. A spin-off from LanzaTech , one of the last surviving climate tech startups from the first cleantech boom that’s still privately held, LanzaJet is taking a phased investment approach with its corporate backers, enabling them to invest additional capital as the company scales to larger production facilities. Terms of the initial investment, or LanzaJet’s valuation after the commitment, were not disclosed. LanzaJet claims that it can help the aviation industry reach net-zero emissions, something that would go a long way toward helping the world meet the emissions reductions targets set in the Paris Agreement . “LanzaJet’s technology opens up a new and exciting pathway to produce SAF using an AtJ process and will he
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