Southwest Airlines Fuels Growth of LanzaJet
February 29, 2024, 4:02 pm
Location: United States, Illinois, Chicago
Employees: 11-50
Founded date: 2020
Total raised: $130M
Southwest Airlines invests $30 million in LanzaJet to accelerate sustainable aviation fuel production in the U.S.
Chicago-based LanzaJet, a sustainable fuels technology company, has secured a $30 million investment from Southwest Airlines to propel the growth of sustainable aviation fuel (SAF) production in the United States. This partnership aims to develop a SAF production facility and collaborate on advancing ethanol production from agricultural residue through SAFFiRE Renewables.
LanzaJet's innovative technology, coupled with Southwest's commitment to sustainability, positions them as key players in decarbonizing the aviation industry. By leveraging widely available and sustainable feedstock, LanzaJet plans to scale up SAF production to meet the industry's decarbonization goals.
Southwest Airlines' investment in LanzaJet marks a significant step in their sustainability journey, aligning with their goal of achieving net zero emissions by 2050. The collaboration between the two companies not only supports the growth of SAF production but also paves the way for the commercialization of SAFFiRE's technology for ethanol production.
The U.S. facility to be developed by LanzaJet will play a crucial role in converting SAFFiRE's cellulosic ethanol into SAF, further enhancing the sustainability of aviation fuel. This strategic partnership underscores the importance of collaboration in driving innovation and sustainability in the aviation industry.
With Southwest Airlines joining LanzaJet's esteemed portfolio of investors, including British Airways, LanzaTech, Mitsui & Co., Shell, and Suncor Energy, the future of sustainable aviation fuel production looks promising. Together, these companies are poised to revolutionize the aviation industry and pave the way for a more sustainable future.
As LanzaJet continues to lead the charge in sustainable fuels technology, their partnership with Southwest Airlines marks a significant milestone in advancing the clean energy transition. By harnessing the power of innovation and collaboration, these companies are driving positive change and shaping the future of aviation.
Chicago-based LanzaJet, a sustainable fuels technology company, has secured a $30 million investment from Southwest Airlines to propel the growth of sustainable aviation fuel (SAF) production in the United States. This partnership aims to develop a SAF production facility and collaborate on advancing ethanol production from agricultural residue through SAFFiRE Renewables.
LanzaJet's innovative technology, coupled with Southwest's commitment to sustainability, positions them as key players in decarbonizing the aviation industry. By leveraging widely available and sustainable feedstock, LanzaJet plans to scale up SAF production to meet the industry's decarbonization goals.
Southwest Airlines' investment in LanzaJet marks a significant step in their sustainability journey, aligning with their goal of achieving net zero emissions by 2050. The collaboration between the two companies not only supports the growth of SAF production but also paves the way for the commercialization of SAFFiRE's technology for ethanol production.
The U.S. facility to be developed by LanzaJet will play a crucial role in converting SAFFiRE's cellulosic ethanol into SAF, further enhancing the sustainability of aviation fuel. This strategic partnership underscores the importance of collaboration in driving innovation and sustainability in the aviation industry.
With Southwest Airlines joining LanzaJet's esteemed portfolio of investors, including British Airways, LanzaTech, Mitsui & Co., Shell, and Suncor Energy, the future of sustainable aviation fuel production looks promising. Together, these companies are poised to revolutionize the aviation industry and pave the way for a more sustainable future.
As LanzaJet continues to lead the charge in sustainable fuels technology, their partnership with Southwest Airlines marks a significant milestone in advancing the clean energy transition. By harnessing the power of innovation and collaboration, these companies are driving positive change and shaping the future of aviation.