LanzaJet reveals strategic investment from Airbus
LanzaJet has announced a strategic investment from Airbus, which enables it 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, chief executive officer of 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.”
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.
“Sustainable aviation fuels 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 at 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 (ANA), Breakthrough Energy, British Airways, Groupe ADP, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., MUFG, Shell, Southwest Airlines and Suncor Energy.
At the forefront of next generation sustainable fuel technology, LanzaJet is currently starting up the world’s first commercial-scale production of ethanol-to-SAF at LanzaJet Freedom Pines Fuels.
Located in the United States, the historic plant will be producing SAF and renewable diesel from low-carbon and sustainable ethanol and serves as a blueprint to scale SAF production and combat the worsening climate crisis.
Green King’s Bentleys to run on biofuel as part of sustainability drive
24 July – biodiesel
King Charles III’s two state Bentleys will be converted to run on biofuel within the next year as part of a sustainability drive by the UK’s royal palace.
Longer term, the plan is to switch to a fleet of official electric cars.
According to the BBC, the annual accounts for the Royal Household have revealed a string of new, more environmentally friendly measures.
The King has been campaigning on climate issues for decades but the latest accounts - for the first full financial year of the King's reign - indicate he is determined to do things differently.
Windsor Castle will be fitted with solar panels for the first time while the gas lanterns at Buckingham Palace are being repurposed with specially designed electrical fittings to improve their energy efficiency while keeping their historic look and glow.
Sir Michael Stevens, Keeper of the Privy Purse, said the environmental initiatives were "driven by a determination to place sustainability at the heart of our operations and inspired by His Majesty’s leadership in this sphere".
Charles has previously said that people thought he was "completely dotty" when he started talking about environmental issues in the 1970s.
“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, chief executive officer of 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.”
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.
“Sustainable aviation fuels 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 at 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 (ANA), Breakthrough Energy, British Airways, Groupe ADP, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., MUFG, Shell, Southwest Airlines and Suncor Energy.
At the forefront of next generation sustainable fuel technology, LanzaJet is currently starting up the world’s first commercial-scale production of ethanol-to-SAF at LanzaJet Freedom Pines Fuels.
Located in the United States, the historic plant will be producing SAF and renewable diesel from low-carbon and sustainable ethanol and serves as a blueprint to scale SAF production and combat the worsening climate crisis.
Green King’s Bentleys to run on biofuel as part of sustainability drive
24 July – biodiesel
King Charles III’s two state Bentleys will be converted to run on biofuel within the next year as part of a sustainability drive by the UK’s royal palace.
Longer term, the plan is to switch to a fleet of official electric cars.
According to the BBC, the annual accounts for the Royal Household have revealed a string of new, more environmentally friendly measures.
The King has been campaigning on climate issues for decades but the latest accounts - for the first full financial year of the King's reign - indicate he is determined to do things differently.
Windsor Castle will be fitted with solar panels for the first time while the gas lanterns at Buckingham Palace are being repurposed with specially designed electrical fittings to improve their energy efficiency while keeping their historic look and glow.
Sir Michael Stevens, Keeper of the Privy Purse, said the environmental initiatives were "driven by a determination to place sustainability at the heart of our operations and inspired by His Majesty’s leadership in this sphere".
Charles has previously said that people thought he was "completely dotty" when he started talking about environmental issues in the 1970s.
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