LanzaJet, a pioneer in Alcohol-to-Jet (ATJ) technology, has raised $135 million in funding to date, including a recent $47 million first close of an equity round at a $650 million pre-money valuation. The company converts low-carbon ethanol from waste, energy crops, and industrial gases into drop-in Sustainable Aviation Fuel (SAF) and renewable diesel, achieving up to 95% emissions reductions. This capital supports scaling its commercial production and global project pipeline.
Commercial ATJ SAF Hits Milestone
The timing coincides with LanzaJet's historic achievement: launching the world’s first commercial-scale ethanol-to-jet plant at Freedom Pines Fuels in Soperton, Georgia, in November 2025. Airlines including British Airways, ANA, Southwest, and Qantas partner with the company, alongside energy and tech giants. This end-user validation differentiates LanzaJet in a nascent SAF market hungry for proven scalability.
Ethanol Pathway Bridges SAF Supply Gap
Aviation fuels roughly 2% of global CO2 emissions today, with demand set to grow amid rising air travel. Yet SAF comprises less than 1% of jet fuel, hampered by limited feedstocks and high costs for alternatives like used cooking oil or Fischer-Tropsch synthesis. LanzaJet's ATJ leverages the massive ethanol supply chain—over 16 billion gallons produced annually in the US alone—for cost-effective, high-volume SAF.
Patented Tech Delivers 98% Efficiency
LanzaJet's proprietary ATJ process offers 98% carbon efficiency and 90% selectivity for jet-range hydrocarbons, outperforming many HEFA-based competitors on yield and feedstock flexibility. Key offerings include ASTM-certified LanzaJet SAF, LanzaDiesel for heavy transport, and CirculAir, a joint solution with LanzaTech for waste carbon fermentation into fuel. The operational Freedom Pines plant proves commercial readiness, supplying fuel to strategic airline partners.
Strategic Backers Signal Aviation Shift
Investors span Microsoft for climate tech expertise, Airbus for aircraft integration, Shell for energy transition scale, and airlines British Airways and Southwest for offtake commitments. This syndicate provides more than capital—it delivers supply chain partnerships and market access. The $650 million valuation after $47 million infusion highlights investor bets on ATJ dominating SAF production.
Global Capacity Targets 1B Gallons
LanzaJet's project pipeline exceeds 300 million gallons of annual SAF capacity across the US, UK, Japan, India, Australia, Kazakhstan, and Colombia, with ambitions for 1 billion gallons by 2030. Recent milestones include Fluor Corporation tapped for front-end engineering design (FEED) on the UK's Project Speedbird SAF plant. As governments mandate SAF blends, LanzaJet's ethanol route positions it for rapid deployment versus land-intensive alternatives.
Key Projects Advance Deployment
Freedom Pines Fuels now produces commercial volumes, marking ATJ's market entry. Project Speedbird progresses in the UK, while initiatives in Asia and Latin America gain momentum. With 128 employees and awards like TIME100 Most Influential Companies, LanzaJet scales toward gigaton decarbonization impact.