LANZAJET WINS REUTERS GLOBAL ENERGY TRANSITION AWARD FOR ACCELERATING DECARBONIZATION
CHICAGO, June 25, 2025 /PRNewswire/ -- LanzaJet, Inc., a leading next-gen fuels technology company and producer of sustainable fuels, today announced that it has been named the winner of the Accelerating Decarbonization award in the Technologies of Change category at the Reuters Global Energy Transition Awards 2025. The award was presented during the Global Energy Transition Summit in New York.
This prestigious honor recognizes LanzaJet's pioneering Alcohol-to-Jet (ATJ) Sustainable Aviation Fuel (SAF) technology, which converts low-carbon ethanol into drop-in, certified SAF. The technology is globally scalable and commercially viable, offering an immediate and tangible solution to decarbonize aviation, one of the most difficult sectors to abate.
"We're honored to receive this recognition from Reuters, which highlights the role innovation must play in solving the toughest climate challenges," said Jimmy Samartzis, Chief Executive Officer of LanzaJet. "Aviation needs real, scalable solutions today, not decades from now, and our ATJ technology was designed to meet that moment. This award reflects the extraordinary work of our team and partners around the world who are committed to accelerating SAF as a cornerstone of the global energy transition."
LanzaJet® ATJ technology plays a critical role in supporting the global aviation industry's goal to reach net-zero emissions by 2050. The technology has already been implemented at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia, the world's first commercial demonstration ethanol-to-SAF plant, and is being deployed globally with partners across the Americas, Europe, Asia, and Australia.
The Reuters Global Energy Transition Awards were created to recognize and celebrate those driving bold, scalable solutions that are accelerating the world's shift to a low-carbon energy system. The Accelerating Decarbonization award specifically honors technologies that demonstrate measurable impact on CO₂ emissions reduction and offer commercial scalability.
ABOUT LANZAJET
LanzaJet is a leading alternative fuels technology provider with patented ethanol-based alcohol-to-jet (ATJ) technology. LanzaJet is creating an opportunity for future generations by accelerating the production and deployment of Sustainable Aviation Fuel (SAF) and other alternative fuel technologies critical to transform the global economy. LanzaJet was recently named TIME100 Most Influential Companies for 2024 and a Rising Star Company of the Year by S&P Global. Further information is available at https://www.lanzajet .com/.
SOURCE LanzaJet, Inc.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Trading Day: Resisting renewed tariff tensions
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist World markets were, on the whole, pretty buoyant on Monday as investors shrugged off U.S. President Donald Trump's latest tariff threats over the weekend and braced for a deluge of top-tier economic data from the U.S. and China on Tuesday. While European and Mexican stocks did wobble on Trump's latest trade salvo, the hits were minor. Risk appetite held firm - world equity benchmarks inched up, the Nasdaq and bitcoin hit new highs, and silver reached a fresh 14-year peak. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today. 1. Don't panic: Europe Inc cautions calm as bloc tries toavert 30% U.S. tariffs 2. Currency FOMO may yet draw U.S. investors overseas: MikeDolan 3. Central bank independence needs a better defence 4. Why Trump's push for a 1% Fed policy rate could spelltrouble for U.S. economy 5. Wealth funds warm to active management - and China - toweather volatility, report shows Today's Key Market Moves * World stocks tread water, with Wall Street's rise offsetby general softness in Asia and Europe. European and Mexicanstocks fall on Trump's 30% tariff threat. * Canadian stocks, spared from the latest threat for now,rise 0.6% to a new high of 27142 points. * The dollar continues to recover, rising to a three-weekhigh on an index basis. A sixth straight gain marks its best runthis year. * Bitcoin leaps to record $123,236 before settling around$120,000. It's up more than 10% in the last week. * Silver slips on the day, but not before hitting a new14-year high above $39/oz. The $40/oz barrier is in sight. Resisting renewed tariff tensions Markets started a busy week on a solid footing on Monday, as investors withstood the latest escalation in Trump's tariff war with two of America's largest trading partners, and dug in ahead of key market-sensitive economic and corporate events in the coming days. After Trump on Saturday said he would impose a 30% tariff on most imports from the EU and Mexico from August 1, the EU on Sunday said it would extend its suspension of countermeasures until early August and continue to press for a negotiated settlement. The euro and European stocks fell - the single currency hitting a three-week low - but the declines were small. Investors still appear to be optimistic that talks will ultimately be fruitful and a palatable deal will be reached. Trade figures from China earlier in the day were certainly better than expected, although they were boosted by exporters rushing to beat a fragile tariff truce between Beijing and Washington ahead of a looming August deadline. Exports rose 5.8% year-on-year and imports rebounded 1.1%. The next couple of weeks will see bilateral U.S.-EU and U.S.-China trade talks intensify as the early August deadlines approach, and investors can expect a blizzard of headlines to hit their screens. If Monday is any guide, investors are well poised to weather the incoming storm. Trade may have been the main narrative for stock markets on Monday, but less so bonds, which also had the shadows of Federal Reserve independence, Chair Jerome Powell's future, and renewed weakness in Japanese government bonds hanging over them. The U.S. Treasury market was mostly stable although the 30-year yield did flirt with 5.00% and hit a one-month high. Government bond prices elsewhere came under heavier pressure, particularly at the long end of the German and Japanese curves. The 10-year Bund yield rose to its highest since early April and the 30-year Bund yield climbed to highs not seen in almost two years. Yields on Japanese government bonds surged back toward the historic highs from May, on concern that an upcoming election could pave the way for increased fiscal spending. Investors' attention on Tuesday will turn to the monthly economic 'data dump' from China, which also includes second quarter GDP figures. Economists polled by Reuters expect the annual growth rate to have slowed slightly to 5.1% from 5.4% in the January-March period. After that, U.S. CPI inflation figures for June will set the tone for the U.S. trading day. Economists expect inflation to rise moderately across all measures - core, headline, monthly and annual - with the annual core rate regaining a 3% handle. What could move markets tomorrow? * Australia consumer sentiment (July) * China house prices, industrial output, retail sales, urbaninvestment, unemployment (June) * China GDP (Q2) * Germany ZEW sentiment indices (July) * Euro zone industrial production (May) * Canada CPI (June) * U.S. CPI (June) * U.S. 'Empire State' manufacturing index (July) * U.S. Fed officials scheduled to give public remarks:Governor Michael Barr, Richmond Fed President Thomas Barkin,Boston Fed resident Susan Collins, Dallas Fed President LorieLogan Want to receive Trading Day in your inbox every weekday morning? Sign up for my newsletter here. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. (By Jamie McGeever) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Cuban economy continues five-year decline, economy minister says
By Marc Frank and Nelson Acosta HAVANA (Reuters) -Cash-strapped Cuba's grueling crisis shows no signs of improvement, Cuban Economy Minister Joaquin Alonso said on Monday, announcing growth fell 1.1% last year on top of a 10% decline since 2019, official media reported. Alonso was speaking to the Cuban parliament's economic commission where he also indicated there was little hope for improvement this year, given toughening U.S. sanctions and a complicated international situation. The import-dependent Caribbean island nation has seen foreign currency revenues fall by around 30% in recent years, causing shortages of food, fuel, medicine and inputs for agriculture and manufacturing. A lack of fuel and equipment has crippled the energy grid, leading to daily blackouts in the Communist-run country of as much as 16 hours or more. Agriculture, livestock farming, and mining have fallen 53.4% over the last five years, and manufacturing 23%, Alonso reported. The minister was quoted as saying that this year and last had been marked "by the intensified impact of the blockade, the fierce persecution of financial flows, and barriers to international transactions that have hindered payments to suppliers." Alonso said hard currency earnings this year were 9% below the same period last year while imports were running 7% above last year's rate. "Cuba is importing more than it exports, which increases the debt," he was quoted as stating. The country last reported its foreign debt as $19.7 billion in 2020. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Bank of America Announces Redemption of $2,000,000,000 4.827% Fixed/Floating Rate Senior Notes, Due July 2026
CHARLOTTE, N.C., July 14, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on July 22, 2025 all $2,000,000,000 principal amount outstanding of its 4.827% Fixed/Floating Rate Senior Notes, due July 2026 (CUSIP No. 06051GLA5) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of July 22, 2025. Interest on the Notes will cease to accrue on the redemption date. Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, N.A. is the trustee and paying agent for the Notes. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC). Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024, and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. Investors May Contact: Lee McEntire, Bank of AmericaPhone: Jonathan G. Blum, Bank of America (Fixed Income)Phone: Reporters May Contact: Jocelyn Seidenfeld, Bank of AmericaPhone: View original content to download multimedia: SOURCE Bank of America Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
