Shell invests in LanzaJet to speed up deliveries of its synthetic aviation fuel
https://techcrunch.com/2021/04/06/shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel/
The energy giant Shell has joined a slew of strategic investors including All Nippon Airways, Suncor Energy, Mitsui, and British Airways in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel.
A spin-off from LanzaTech, one of the last surviving climate tech startups from the first cleantech boom that’s still privately held, LanzaJet is taking a phased investment approach with its corporate backers, enabling them to invest additional capital as the company scales to larger production facilities.
Shell invests in LanzaJet to speed up deliveries of its synthetic aviation fuel
Apr 6, 2021, 12:41pm UTC
https://techcrunch.com/2021/04/06/shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel/
> The energy giant Shell has joined a slew of strategic investors including All Nippon Airways, Suncor Energy, Mitsui, and British Airways in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel.
> A spin-off from LanzaTech, one of the last surviving climate tech startups from the first cleantech boom that’s still privately held, LanzaJet is taking a phased investment approach with its corporate backers, enabling them to invest additional capital as the company scales to larger production facilities.