Lanzajet Secures At Least $20M In New Financing To Scale Sustainable Aviation Fuel Production

LanzaJet, Inc. has secured at least $20 million in new financing to support its growth and operations at Freedom Pines Fuels in Soperton, Georgia, with the first close occurring on October 14 and full closure expected by December 2026. The financing is backed by LanzaTech Global, Inc. and other investors, allowing LanzaTech to increase its ownership in LanzaJet. Freedom Pines Fuels is the first commercial-scale facility for alcohol-to-jet production, with a capacity of 10 million gallons per year, and the new capital will enhance its ability to produce sustainable aviation fuel (SAF) for global customers.