LanzaJet Company Research Report
Company Overview
- Name: LanzaJet
- Mission: LanzaJet is dedicated to accelerating the transition to sustainable aviation by developing Sustainable Aviation Fuel (SAF) and other clean technologies essential to transforming the aviation fuel market.
- Founded: 2020 by LanzaTech, Suncor, and Mitsui, with investment from the U.S. Department of Energy and All Nippon Airways.
- Key People:
- Jimmy Samartzis: Chief Executive Officer & Board Director
- Doreen Pryor: Chief Financial Officer
- Steven Gimre: Vice President, Engineering & Technology Development
- Anne Sidio: Vice President, People
- Headquarters: Illinois, USA
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: LanzaJet is recognized for its proprietary Alcohol-to-Jet (ATJ) technology for producing sustainable aviation fuel from ethanol.
Products
Sustainable Aviation Fuel (SAF)
- Description: LanzaJet's SAF is produced using its patented Alcohol-to-Jet (ATJ) technology, which transforms low-carbon ethanol into a drop-in fuel compatible with current aircraft and infrastructure.
- Key Features:
- Versatile Production: Utilizes low-carbon ethanol sources, including energy crops, municipal waste, and industrial emissions.
- Flexible Platform: Can produce SAF from diverse ethanol sources.
- Drop-in Solution: Compatible with existing airline infrastructure and meets ASTM D7566 standards.
- Cleaner Air: Reduces emissions and contrails by up to 95%.
Renewable Diesel
- Description: LanzaJet offers a high-quality Synthetic Paraffinic Diesel (SPD) compatible with existing diesel engines.
- Key Features:
- High Quality: Performs well in various climatic conditions and has a stable shelf life.
- Flexible: Compatible with existing infrastructure and engine technologies at any blend level.
- Clean Burning: Free from aromatics and sulfur, significantly reducing greenhouse gas emissions.
Recent Developments
- New Products:
- Launched the world's first commercial-scale ethanol-to-SAF production facility in Georgia, producing 1 million gallons of renewable diesel and 9 million gallons of SAF annually.
- New Features: No specific new features added mentioned.
- Partnerships:
- Airbus Investment: Airbus has invested in LanzaJet, supporting the development and scaling of its SAF production.
- Collaboration with British Airways: For Project Speedbird in the UK, focused on production of over 90,000 tonnes of SAF annually.
- Joint Projects: Collaborations with companies like British Airways, Southwest Airlines, Shell, Microsoft, and others.
- Other Developments:
- Selected Teesside's Wilton International in the UK for its next SAF production facility, Project Speedbird.
- Named Rising Star Company of the Year at the Platts Global Energy Awards.
- Won the Climate Champion at the Chicago Innovation Awards for their SAF technology.
Conclusion
LanzaJet is at the forefront of sustainable aviation fuel technology, leveraging its innovative ATJ technology to meet the growing demand for cleaner aviation solutions. With strategic investments and partnerships, LanzaJet is poised to significantly impact global aviation decarbonization efforts.