Aaron Mok of Canary Media reports on Air Company’s mission to reduce aviation sector emissions.
- Air Company, a New York-based startup, has raised $69 million in Series B funding to expand production of sustainable aviation fuel (SAF) made from captured CO2 and hydrogen.
- The company plans to build “mini refineries” in the next 2-3 years to scale up SAF production, aiming for “hundreds and millions” of gallons by the end of the decade.
- Air Company has secured contracts with airlines like JetBlue and Virgin Atlantic, as well as the U.S. Department of Defense, but its SAF has only been used in test flights so far.
“Air Company makes its SAF using a proprietary system that involves capturing carbon dioxide directly from the atmosphere and combining the CO2 with hydrogen to create paraffins — colorless, oily liquids that it says can be dropped into conventional jet engines. Companies such as Twelve and LanzaTech are also vying to repurpose CO2 into sustainable jet fuels.”
Read the full article here.
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