LanzaJet, a prominent company specializing in sustainable fuels technology and production, has revealed an investment from MUFG, a globally recognized financial group with total assets nearing $2.9 trillion. This investment empowers LanzaJet to further enhance its capabilities and expand its capacity for deploying its proprietary ethanol-to-sustainable aviation fuel (SAF) technology.

" "We are bringing together a robust team of investors across the SAF value chain who believe in LanzaJet’s potential to significantly reduce aviation carbon emissions, thereby aiding climate action and bolstering the global economy," said Jimmy Samartzis, CEO of LanzaJet. "MUFG's investment strengthens our capacity to scale SAF production, with the backing of a leading global financial group to support infrastructure development worldwide."

MUFG’s investment forms part of LanzaJet’s ongoing $100 million growth equity funding round, bolstered by support from leading global companies across various sectors. Recently, LanzaJet has received investments from Southwest Airlines, Microsoft, Groupe ADP, and now MUFG. As SAF production continues to expand, LanzaJet remains committed to advancing the aviation industry’s decarbonization efforts by developing the necessary ecosystem for sustainable aviation fuel (SAF). At the forefront of innovation, LanzaJet is actively commercializing its advanced ethanol-to-SAF technology and progressing with the construction of its fully-funded LanzaJet Freedom Pines Fuels biorefinery—the world’s first commercial-scale facility converting ethanol into SAF. Located in the United States, this groundbreaking plant will produce SAF and renewable diesel from low-carbon, sustainable ethanol, meeting International Sustainability and Carbon Certification (ISCC) standards.

Koichiro Oshima, Managing Executive Officer and Head of Financial Solutions Group at MUFG Bank, Ltd., expressed their firm commitment to reshaping the future of finance through innovative and sustainable industry solutions. "Our strategic support of LanzaJet exemplifies this dedication, demonstrating our belief in the vital role of sustainable fuels in promoting economic growth and environmental stewardship within the industries we serve," Oshima stated. "This partnership not only aligns with our mission to drive progress but also underscores our dedication to catalyzing positive transformations. By investing in sustainable pathways, we aim to ensure the resilience and prosperity of our stakeholders, thereby advancing toward a more sustainable and prosperous future for all."

Apart from MUFG, LanzaJet’s roster of investors and backers includes All Nippon Airways (ANA), Breakthrough Energy, British Airways, Groupe ADP, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., Shell, Southwest Airlines, and Suncor Energy.

LanzaJet is at the forefront of sustainable fuels technology, driving forward the transition to clean energy. Specializing in Sustainable Aviation Fuel (SAF) technology and production, LanzaJet utilizes patented ethanol-based alcohol-to-jet (ATJ) technology. This innovation not only supports the deployment of SAF but also plays a pivotal role in addressing the climate crisis and driving transformation across the global economy, ensuring a sustainable future for generations to come.