Latest news with #JimmySamartzis
Bloomberg
9 hours ago
- Business
- Bloomberg
World's First Ethanol-to-Jet Plant to Start Running After Delay
The world's first factory designed to make green jet fuel from ethanol is expected to start operations before the end of the year after several delays, according to owner LanzaJet Inc. The $200 million facility in rural Georgia, initially scheduled to start commercial production last year, is now expected to begin operating by the end of September, LanzaJet Chief Executive Officer Jimmy Samartzis said in an interview. The latest delay was the result of equipment issues, he said.
Korea Herald
26-06-2025
- Business
- Korea Herald
LANZAJET WINS REUTERS GLOBAL ENERGY TRANSITION AWARD FOR ACCELERATING DECARBONIZATION
Reuters Honors LanzaJet's Pioneering Alcohol-to-Jet Technology, a Breakthrough Sustainable Aviation Fuel Solution 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 .com/.
Yahoo
25-06-2025
- Business
- Yahoo
LANZAJET WINS REUTERS GLOBAL ENERGY TRANSITION AWARD FOR ACCELERATING DECARBONIZATION
Reuters Honors LanzaJet's Pioneering Alcohol-to-Jet Technology, a Breakthrough Sustainable Aviation Fuel Solution 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 .com/. SOURCE LanzaJet, Inc.
Cision Canada
25-06-2025
- Business
- Cision Canada
LANZAJET WINS REUTERS GLOBAL ENERGY TRANSITION AWARD FOR ACCELERATING DECARBONIZATION
Reuters Honors LanzaJet's Pioneering Alcohol-to-Jet Technology, a Breakthrough Sustainable Aviation Fuel Solution CHICAGO, June 25, 2025 /CNW/ -- 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 .
Business Wire
03-06-2025
- Business
- Business Wire
LanzaJet and ATOBA Energy Sign Memorandum of Understanding to Expand Access to Sustainable Aviation Fuel Market
CHICAGO--(BUSINESS WIRE)--LanzaJet, a leading next-generation fuels technology company and producer of sustainable fuels, and ATOBA Energy, a sustainable aviation fuel (SAF) aggregator committed to solving the financial challenges between producers and offtakers, have signed a memorandum of understanding (MoU) to collaborate on accelerating SAF deployment and creating new commercial models for the market. 'This collaboration with ATOBA Energy is about building the kind of aligned ecosystem we need to drive innovation, catalyze investment, and accelerate SAF deployment globally" said Jimmy Samartzis, Chief Executive Officer of LanzaJet Share The two companies will partner to enable greater access to SAF through new pricing and offtake structures that balance the needs of both SAF producers and buyers. The agreement outlines a shared intent to evaluate commercial models that support SAF procurement in ways that reflect the value of the Alcohol-to-Jet (ATJ) fuel pathway pioneered by LanzaJet. 'Scaling SAF requires flexible, forward-thinking commercial models that work for both producers and consumers,' said Jimmy Samartzis, Chief Executive Officer of LanzaJet. 'This collaboration with ATOBA Energy is about building the kind of aligned ecosystem we need to drive innovation, catalyze investment, and accelerate SAF deployment globally. It's another step forward in ensuring that the value of next-generation technologies like ours can be realized at scale because the future growth and sustainability of aviation depends on it.' ATOBA uniquely facilitates the development of SAF production through its upstream and downstream SAF offtake portfolio management. By offtaking from diversified producers that use production technologies like HEFA, Alcohol to Jet, Gas-Fischer Tropsch, or Power to Liquids, ATOBA mitigates technological and pricing risks associated with the various SAF production pathways and facilitates the closing of long-term offtake agreements among airlines, jet-fuel distributors, SAF producers, and financial institutions, which are essential for scaling the industry. For LanzaJet's ATJ technology, such models help preserve the integrity of its value proposition and support more sustainable growth pathways. 'We are delighted to develop long term offtake agreement models with LanzaJet, a company that is leading the alcohol-to-jet (ATJ) pathway. ATJ plays a key technological role in scaling the SAF industry as it contributes to using the best production route and feedstock depending on the specific regional characteristics. Developing LanzaJet in our portfolio of SAF producers is an essential brick in our aggregation strategy, reinforcing our ability to provide diversified, reliable, and scalable SAF solutions to the market,' highlighted ATOBA Energy co-founder and CEO Arnaud Namer. Both companies recognize the urgency of decarbonizing aviation and the need for commercial frameworks that support scale, diversification, and long-term market viability. By working together, LanzaJet and ATOBA aim to contribute to the development of a more stable, transparent, and innovation-supportive SAF market. 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 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 ABOUT ATOBA ENERGY ATOBA is the midstream Sustainable Aviation Fuel (SAF) aggregator focused on accelerating the aviation industry's energy transition through solving the financial dilemma between airlines and producers. ATOBA provides long-term SAF contracts to airlines and jet-fuel resellers at optimized market SAF pricing indexes. The company brings high security and competitiveness to the SAF supply chain for its airline partners via offtake from diversified producers and technologies, as well as best-in-class sector expertise. Simultaneously, ATOBA's aggregation strategy allows the SAF industry to scale by providing producers with long-term offtake agreements that support their Final Investment Decisions for their SAF production plants. Further information is available at
