Year of Establishiment 2020
Privately Traded
Aeadquarters: USA
LanzaJet was established with a primary focus on advancing SAF through the commercialization of cutting-edge, proprietary ATJ technology.
Key Facts
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SAF Production Capacity:10 million gallons annually
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SAF Production Target-:1 billion gallons by 2030
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Revenue:
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EBITDA:
Current and Planned SAF Investments
In February 2024, Southwest Airlines announced an investment in LanzaJet for the development of a SAF production facility in the US.
In 2022, LanzaJet received a $50 million financing for its ATJ SAF production plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund.
In 2022, LanzaJet secured a $50 million grant from Breakthrough Energy in the Freedom Pines ATJ production facility.
In 2020, Suncor and Mitsui invested $15 million and $10 million, respectively, in LanzaJet. Suncor secured a significant portion of the SAF and renewable diesel produced at the facility, offering sustainable energy choices to its jet fuel and distillate customers
Tie-Ups
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Airbus
June 2023: The MOU between Airbus and LanzaJet initiated a collaboration to propel the development of SAF facilities utilizing LanzaJet’s established and proprietary ATJ technology.
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Technip EnergiesSeptember 2023: Technip Energies strengthened the collaboration to deploy LanzaJet’s ATJ Process technology globally, integrating Technip Energies’ Hummingbird Technology for ethanol-to-ethylene conversion in SAF production.
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Jet Zero AustraliaFebruary 2024: Jet Zero Australia Pvt. Ltd collaborated to propel Project Ulysses, a North Queensland SAF endeavor utilizing LanzaJet’s ATJ technology in Australia.
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British Airways and Nova Pangaea Tech.November 2022: LanzaJet, British Airways, and Nova Pangaea Technologies entered into a collaboration to accelerate Project Speed Bird, aimed at developing cost-effective SAF for commercial use in the UK.
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Indian Oil Corporation (IOC)February 2023: IOC partnered with LanzaJet to investigate the potential for SAF production in India.
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Marquis SAFMarquis SAF partnered to construct a 120 million gallons per year sustainable fuels plant in the US, using low-carbon feedstocks for SAF and renewable diesel production via LanzaJet™ AtJprocess.
Financiers / Investors
Other Information
LanzaJet became a member of ATAG in 2023, a worldwide organization advocating for the aviation industry’s pledge to achieve net-zero carbon emissions by 2050.
Air New Zealand and the New Zealand Government chose LanzaJet and LanzaTech to conduct a study on domestic SAF production in New Zealand. The study aligns with Air New Zealand’s overarching goals to decarbonize and reach net zero emissions by 2050.