Sustainable aviation fuel (SAF) technology and production company LanzaJet today announced an investment from Microsoft's Climate Innovation Fund. According to the company, this new investment will enable LanzaJet to continue building its capabilities and capacity to deploy sustainable fuel process technology around the world.
Founded in 2020 by carbon recycling technology company LanzaTech, Illinois-based LanzaJet can produce SAF and renewable diesel from waste-based sustainable ethanol sources, including low-carbon sugarcane, energy and other feedstocks. Developed the “Alcohol to Jet” technology. Crops, forest residues, agricultural waste, organic waste.
Jimmy Samartzis, CEO of LanzaJet, said:
“Microsoft is playing a key role in enabling SAF production in the U.S. through LanzaJet’s first ethanol support to LanzaJet Freedom Pines Fuels, a SAF biorefinery, and this investment is an important contribution to the company’s efforts to decarbonize the planet. This is a difficult sector to reduce.”
The companies say the new investment will enable Microsoft to leverage sustainable fuels SAF and renewable diesel, as well as SAF Certificates (SAFc) from future LanzaJet projects, by 2030. It can help you get on the path to becoming carbon negative. In 2022, Microsoft's Climate Innovation Fund invested his $50 million to support the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia, opening in January 2024. The plant is scheduled to begin producing 10 million gallons of SAF and renewable diesel per year in the second quarter of 2024. 2024.
LanzaJet and Microsoft will also explore how Microsoft can provide its data and artificial intelligence (AI) capabilities to advance LanzaJet's corporate capabilities and ethanol to sustainable aviation fuel (SAF) process technology. intend to do something.
Brandon Middaugh, senior director of Microsoft's Climate Innovation Fund, said:
“Microsoft is proud to help LanzaJet invest in growing its sustainable fuels technology business. We invest in partners who are building markets for critical solutions.”
