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LanzaTech Reaffirms Importance of LanzaJet through Amended and Restated LanzaJet Agreements that Enable the Acceleration of Sustainable Aviation Fuel Commercialization
Globenewswire· 2025-10-23 20:30
SKOKIE, Ill., Oct. 23, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”) a leader in carbon transformation technology, today announced that the investors in its affiliate LanzaJet, Inc. have entered into Second Amended and Restated Investment and Stockholders’ Agreements on the long-term collaboration and the commercial rollout of sustainable aviation fuel (“SAF”).The amended agreement introduces changes in investment dynamics and share distributions. Subject to m ...
LanzaTech Awarded Significant Grant by UK Government to Propel Sustainable Aviation Fuel Production
Globenewswire· 2025-07-22 14:14
Core Insights - LanzaTech Global, Inc. has received a £6.4 million grant from the UK government's Advanced Fuels Fund to advance its DRAGON 1 & 2 projects, which are essential for producing sustainable aviation fuel (SAF) in the UK [1][2][8] Group 1: Project Details - The DRAGON 1 project will convert recycled carbon fuel ethanol into Advanced SAF in Port Talbot, South Wales, utilizing the LanzaJet® Alcohol-to-Jet (AtJ) process [3] - The DRAGON 2 project will be a Power-to-Liquid (PtL) facility that converts waste carbon dioxide and green hydrogen into ethanol for subsequent conversion into PtL SAF [4] - The integration of LanzaTech's gas fermentation process with LanzaJet's AtJ technology provides a competitive advantage by transforming regional waste resources into valuable SAF [5] Group 2: Government Support and Funding - The UK government's investment in these projects highlights its confidence in LanzaTech's technology and its potential to significantly enhance the UK's SAF production [6] - The total government contributions through the Advanced Fuels Fund have now reached £198 million, aimed at expanding cleaner aviation technologies [8] - The funding supports a variety of pathways and feedstocks for SAF production, reflecting the UK government's inclusive approach to achieving net-zero aviation [8] Group 3: Strategic Partnerships and Future Outlook - LanzaTech holds a 36% ownership stake in Project Speedbird, which also received £10 million in funding from the Advanced Fuels Fund, further demonstrating government trust in LanzaTech's technology portfolio [7] - The partnership between LanzaTech and LanzaJet aims to create CirculAir™, which transforms various forms of waste carbon into SAF, providing a global solution for the aviation industry [7] - LanzaTech is committed to collaborating with the UK government and industry partners to scale solutions that convert waste carbon into sustainable growth opportunities [9]