Core Insights - LanzaTech Global, Inc has announced a £600 million investment in the DRAGON II project to produce sustainable aviation fuel (SAF) and renewable diesel at Saltend Chemicals Park in Humberside, aiming to deliver approximately 80,000 tonnes of SAF and 8,000 tonnes of renewable diesel annually [1][2][3] Group 1: Project Overview - The DRAGON II project is expected to support around 300 skilled jobs during construction and 150 jobs in operation [1] - The facility is scheduled to begin construction in the second half of 2027 and become operational by 2030, contributing to the UK's net-zero ambitions and energy security [3] - The project will utilize LanzaTech's gas fermentation technology to convert waste carbon dioxide and green hydrogen into ethanol, which will then be processed into SAF [2][3] Group 2: Government Support and Funding - LanzaTech received a £6.4 million grant from the UK Department for Transport's Advanced Fuels Fund to accelerate the DRAGON projects [2] - The DRAGON initiative includes two projects: DRAGON I in Port Talbot, South Wales, and DRAGON II in Humberside, both utilizing the LanzaJet® Alcohol-to-Jet process [2] Group 3: Strategic Partnerships and Infrastructure - Saltend Chemicals Park, owned by px Group, was selected for its world-class infrastructure and utilities, which are crucial for SAF production [1][4] - LanzaTech is exploring collaborations with local partners to leverage the region's supply chains and emerging CO2 pipeline infrastructure [3] - px Group emphasizes its capability to support innovative projects through its plug-and-play model and technical expertise [4][10]

Core Insights - LanzaTech Global, Inc has announced a £600 million investment in the DRAGON II project to produce sustainable aviation fuel (SAF) and renewable diesel at Saltend Chemicals Park in Humberside, aiming to deliver approximately 80,000 tonnes of SAF and 8,000 tonnes of renewable diesel annually [1][2] - The project is expected to create around 300 skilled jobs during construction and 150 jobs during operation, contributing significantly to the UK's net-zero ambitions and energy security [1][3] Company Overview - LanzaTech is a leader in carbon management, utilizing a proprietary gas-fermentation platform to convert waste carbon into valuable products, including SAF and chemicals [5] - The company has established global partnerships, including collaborations with ArcelorMittal and IndianOil Company, to enhance industrial resilience and unlock economic value from carbon [5] Project Details - The DRAGON II facility is scheduled to begin construction in the second half of 2027 and is expected to be operational by 2030, reinforcing Humberside's position in industrial decarbonization [3][4] - The project is part of a broader initiative, DRAGON, which includes DRAGON I in Port Talbot, South Wales, and aims to produce a total of 50,000 tonnes of ethanol from waste carbon dioxide and green hydrogen [2] Government Support - The UK government has provided strong support for the development of the DRAGON projects, including a £6.4 million grant from the Department for Transport's Advanced Fuels Fund to accelerate both DRAGON I and DRAGON II [2] Infrastructure and Collaboration - Saltend Chemicals Park, owned by px Group, was selected for its exceptional infrastructure and potential for hydrogen and CO2 pipelines, which aligns with LanzaTech's goals for sustainable production [4][10] - LanzaTech is exploring collaborations with local partners to leverage the region's supply chains and emerging CO2 pipeline infrastructure [3]

Core Insights - LanzaTech Global, Inc has secured a contract with Spray Engineering Devices Ltd to construct a next-generation ethanol facility in Uttar Pradesh, India, utilizing sugarcane bagasse for sustainable fuel and chemical production [1][2] Group 1: Project Overview - The facility is designed to process up to 300 tons per day of bagasse and is integral to the "SED Smart Village" initiative, which aims to maximize the economic value of renewable energy and carbon resources [2] - The project will produce nutrient-rich biochar (5-10%) to enhance soil fertility in local farming communities [2][4] - This facility will be one of the first private ethanol projects in India utilizing sugar industry by-products under the PM JI-VAN Yojana, a government program supporting advanced bioethanol production [5] Group 2: Technological and Economic Impact - LanzaTech's technology employs proprietary microbes to convert carbon-rich gases into ethanol, which serves as a key building block for sustainable aviation fuel and renewable diesel [3][6] - The project supports circular economies by diverting biomass waste from incineration and enabling local production of fuels and chemicals, thereby fostering resilience in sugarcane-growing communities [4][6] - The partnership aligns with India's renewable energy goals, leveraging the country's solar potential and agricultural resources to create a sustainable hydrocarbon ecosystem [3][6] Group 3: Strategic Importance - The collaboration with SED expands LanzaTech's presence in India and contributes to the "Make in India" initiative by promoting local manufacturing of essential goods [6] - LanzaTech's technology is already operational at Indian Oil Corporation's Panipat facility, marking its sixth commercial-scale deployment globally [6]

Closed $20M private placement Commercial operations and partnerships across Asia and Europe SKOKIE, Ill., Jan. 22, 2026 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a carbon recycling company, today announced the closing of the sale and issuance of shares of its common stock to a group of leading investors, including new investor, SiteGround, for gross proceeds of $20 million. "We're advancing high-value projects, with the potential to drive market transformation, ...

Achieved ethanol yields exceeding guaranteed performance for over 14 consecutive days at steady stateSuccessfully operated on complex syngas streams with CO + H₂ contents as low as 40%Demonstrated robust waste-to-ethanol process under varying feedstock conditions SKOKIE, Ill., Jan. 07, 2026 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA), a leader in industrial carbon recycling, has announced successful operational results at the municipal solid waste (MSW) to ethanol pilot plant in Kuji City, Iwa ...

Core Viewpoint - LanzaTech has increased its ownership stake in LanzaJet to 53% following the successful commissioning of sustainable fuels production at LanzaJet's facility in Georgia, marking a significant milestone in the production of jet fuel from ethanol [1] Group 1: Company Developments - LanzaTech announced an increase in its holdings of LanzaJet to 53% [1] - The increase in ownership follows the successful commissioning and production of ASTM-certified sustainable fuels, including Synthetic Paraffinic Kerosene and Renewable Diesel, at LanzaJet's Freedom Pines Fuels facility [1] - The Freedom Pines Fuels facility is noted as the world's first commercial-scale plant to produce jet fuel from ethanol [1] Group 2: Financial Transactions - On December 16, 2025, LanzaTech received its final tranches of LanzaJet common stock, bringing its ownership percentage and non-controlling interest in LanzaJet to 53% [1] - The issuance of common stock was made under the Second Amended & Restated LanzaJet Investment Agreement and represents the final equity tranches under that agreement [1] - The shares were issued according to pre-agreed terms and do not reflect any new capital investment by LanzaTech [1]

SKOKIE, Ill., Dec. 22, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a leader in carbon transformation technology, today announced an increase in its holdings of LanzaJet, Inc. (“LanzaJet”), a leading sustainable aviation fuel technology provider and fuels producer, to 53%. This announcement follows the successful commissioning and production of ASTM-certified sustainable fuels including Synthetic Paraffinic Kerosene (SPK) and Renewable Diesel (RD) at LanzaJe ...

Market Overview - U.S. stocks closed higher on Friday, with the Dow Jones index increasing by over 1% due to dovish comments from Federal Reserve officials, shifting market expectations towards a potential rate cut next month [1] - Despite the positive close on Friday, all three major indices experienced significant losses last week, with the S&P 500 and Dow each falling approximately 2% [1] Analyst Ratings and Stock Picks - Benzinga's Analyst Ratings API provides high-quality stock ratings through partnerships with major sell-side banks, offering insights that can serve as trading indicators for outperforming the stock market [3] - Benzinga readers can access the latest analyst ratings, which can be sorted by analyst accuracy [4] Notable Analyst Ratings - Roth Capital maintained a Neutral rating on Lanzatech Global Inc (NASDAQ:LNZA) and reduced the price target from $20 to $14, indicating about 1% upside potential [7] - Stifel maintained a Buy rating on NVIDIA Corp (NASDAQ:NVDA) and raised the price target from $212 to $250, suggesting around 39% upside [7] - Truist Securities maintained a Hold rating on TE Connectivity PLC (NYSE:TEL) and lowered the price target from $255 to $239, expecting a 9% increase [7] - Wedbush maintained an Outperform rating on NVIDIA Corp (NASDAQ:NVDA) and increased the price target from $210 to $230, anticipating a 28% gain [7] - JP Morgan maintained a Neutral rating on Netflix Inc (NASDAQ:NFLX) and reduced the price target from $127.5 to $124, expecting an 18% gain [9]

Revenue Performance - For the three months ended September 30, 2025, total revenue was $9.279 million, a decrease of 7% compared to $9.943 million in the same period of 2024[290]. - One-time revenue for the three months ended September 30, 2025, was $8.106 million, down 4% from $8.414 million in 2024[290]. - Recurring revenue decreased by 23% to $1.173 million for the three months ended September 30, 2025, compared to $1.529 million in 2024[290]. - Total revenue for the nine months ended September 30, 2025, decreased by $9.7 million, or 25.9%, compared to the same period in 2024, primarily due to a $7.1 million reduction in licensing revenue[305]. - Total revenue for the three months ended September 30, 2025, decreased by $0.7 million, or 7%, compared to the same period in 2024[296]. Net Income and Loss - Net income for the three months ended September 30, 2025, was $2.861 million, a significant improvement of 105% from a net loss of $57.431 million in the same period of 2024[290]. - The company reported net losses after tax of $48.9 million and $110.7 million for the nine months ended September 30, 2025, and 2024, respectively[270]. - Net loss for the nine months ended September 30, 2025, improved to $48.9 million from a loss of $110.7 million in the prior year, representing a 55.9% reduction[304]. - The company reported a net loss of $48.9 million for the nine months ended September 30, 2025, with cash outflows from operations totaling $58.7 million[319]. Expenses - Cost of revenues (excluding depreciation) decreased by 15% to $6.916 million for the three months ended September 30, 2025, from $8.141 million in 2024[290]. - Selling, general, and administrative expenses were reduced by 41% to $6.740 million for the three months ended September 30, 2025, compared to $11.452 million in 2024[290]. - Research and development expenses decreased by $18.9 million, or 31.2%, in the nine months ended September 30, 2025, compared to the same period in 2024[308]. - Selling, general and administrative expenses increased by $7.4 million, or 21.5%, in the nine months ended September 30, 2025, compared to the same period in 2024[304]. - Selling, general and administrative (SG&A) expenses increased by $7.4 million, or 21.5%, for the nine months ended September 30, 2025, primarily due to a $13.5 million rise in professional fees related to restructuring efforts[309]. Cash Flow and Financing - Cash and cash equivalents decreased by $22.2 million, or 48.6%, from December 31, 2024, to $23.5 million as of September 30, 2025, primarily due to funding net losses and partial repayment of the Brookfield Loan[313]. - Net cash used in operating activities decreased by $10.7 million, or 15.4%, for the nine months ended September 30, 2025, compared to the same period in 2024[329]. - Net cash provided by investing activities was $11.4 million for the nine months ended September 30, 2025, down from $14.1 million in the prior year[330]. - Net cash from financing activities was $25.6 million for the nine months ended September 30, 2025, compared to $40.2 million in the same period in 2024, driven by the issuance of $40.0 million of Series A Preferred Stock[331]. - The company is actively pursuing financing options and has not yet secured committed capital for future projects[276]. Adjusted EBITDA - Adjusted EBITDA improved by 50%, resulting in a loss of $13.504 million for the three months ended September 30, 2025, compared to a loss of $27.081 million in 2024[290]. - Adjusted EBITDA for the nine months ended September 30, 2025, was $(73.7) million, compared to $(67.0) million in the same period of 2024, reflecting a 10% increase in losses[292]. - Adjusted EBITDA for the three months ended September 30, 2025, was $(13,504) thousand, compared to $(27,081) thousand for the same period in 2024[345]. - The company emphasizes that Adjusted EBITDA is a key measure for evaluating operating performance and establishing budgets[342]. - Adjusted EBITDA is not prepared in accordance with GAAP and has limitations compared to net loss, which is the most directly comparable financial measure[343]. Other Income and Fair Value Changes - Other income, net increased by $38.1 million in the three months ended September 30, 2025, primarily due to changes in the fair value of financial instruments[302]. - Other income, net increased by $62.5 million for the nine months ended September 30, 2025, mainly driven by a $65.3 million change in the fair value of the Convertible Note[311]. - The change in fair value of the Convertible Note was $(42,980) thousand for the nine months ended September 30, 2025, compared to a gain of $21,572 thousand in 2024[345]. - Loss from equity method investees, net, was $10,019 thousand for the nine months ended September 30, 2025, compared to $7,935 thousand in 2024[345]. - The company reported a loss on Brookfield SAFE extinguishment of $6,216 thousand for the nine months ended September 30, 2025[345]. Going Concern and Future Outlook - The company anticipates that existing cash and short-term debt securities will not be sufficient to fund operations for the next twelve months, raising substantial doubt about its ability to continue as a going concern[321]. - The company is focusing on cost reduction and evaluating liquidity-enhancing initiatives, including capital raising and strategic partnerships[322]. - The company had an accumulated deficit of $1.0185 billion, up from $969.6 million as of December 31, 2024[270].

Financial Performance - Total revenue for Q3 2025 was $9.3 million, a decrease of 6.1% from $9.9 million in Q3 2024[7] - Net income for Q3 2025 was $2.9 million, a significant improvement from a net loss of $57.4 million in Q3 2024, driven by a $38.1 million non-cash gain on financial instruments[10] - Adjusted EBITDA loss was $13.5 million in Q3 2025, an improvement from a loss of $27.1 million in the same period last year[11] - The net loss for the nine months ended September 30, 2025, was $48,867,000, an improvement from a net loss of $110,738,000 for the same period in 2024[30] - Adjusted EBITDA for the nine months ended September 30, 2025, was $(73.707) million, compared to $(66.981) million for the same period in 2024[34] Revenue Breakdown - Engineering and other services revenue was $4.0 million in Q3 2025, down from $4.9 million in Q3 2024, due to project completions[7] - CarbonSmart revenue increased to $3.0 million in Q3 2025 from $2.2 million in Q3 2024, attributed to higher sales volume[14] - The company generated $2,972,000 in CarbonSmart product sales for the three months ended September 30, 2025, an increase of 34.6% from $2,209,000 in the same period of 2024[26] Expenses and Costs - Cost of revenue decreased by $1.2 million, or 15%, in Q3 2025 compared to Q3 2024, primarily due to reduced engineering and service costs[8] - Operating expenses were $18.0 million in Q3 2025, down from $34.8 million in Q3 2024, reflecting a $3.0 million decrease in personnel and contractor expenses[9] - Research and development expenses for the nine months ended September 30, 2025, totaled $41,684,000, compared to $60,548,000 for the same period in 2024, reflecting a decrease of 31.2%[26] - Stock-based compensation expense decreased to $1.104 million in Q3 2025 from $3.221 million in Q3 2024[34] - Depreciation expense for the nine months ended September 30, 2025, was $2.860 million, down from $4.289 million in the same period of 2024[34] Cash and Investments - As of September 30, 2025, total cash and investments were $23.5 million, down from $39.6 million as of June 30, 2025, reflecting cash usage for operations[12] - Cash and cash equivalents decreased to $23,502,000 as of September 30, 2025, down from $60,967,000 at the end of the same period in 2024, representing a decline of 61.5%[30] - Total current assets as of September 30, 2025, were $50,629,000, significantly lower than $99,334,000 as of December 31, 2024, indicating a decrease of 48.9%[23] Liabilities - The total liabilities decreased to $91,098,000 as of September 30, 2025, from $161,236,000 as of December 31, 2024, a reduction of 43.4%[23] Operational Losses - The company reported a loss from operations of $15,657,000 for the three months ended September 30, 2025, compared to a loss of $32,957,000 for the same period in 2024[26] - Loss from equity method investees decreased to $152 thousand in Q3 2025 from $5.535 million in Q3 2024[34] Future Outlook - The company is focusing on improving its financial metrics and reducing losses in future quarters[34] - LanzaJet's ethanol-to-jet plant began full operations in November 2025, marking a significant milestone in sustainable aviation fuel production[6] - LanzaTech was awarded a €40 million grant from the EU Innovation Fund for a CCUS facility in Norway, expected to produce 23.5 kt of ethanol annually[6]