Department of Defense invests $65M in U.S. startup to produce SAF

March 16, 2023 |

In Washington D.C., Benzinga reported that the U.S. Department of Defense (DOD) recently invested $65 million in U.S. startup Air Company. The firm, which is backed by Toyota Motor Corp. and JetBlue, will use the funds to refine its production and ultimately build carbon-capture and fuel-generation facilities on U.S. Air Force bases, the report said. Air Company’s process uses industrial fermentation facilities, but its plans focus on direct air capture. By capturing carbon dioxide from the air and mixing it with hydrogen, the company creates a reaction of various kinds of paraffin and alcohols it can separate for a number of uses, including SAF, according to the report. While Air Company’s initial focus is on the military sector, it also aims to provide commercial aviation firms with a viable SAF solution, the report added.

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Category: SAF

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