Business
LANZAJET ANNOUNCES $47M IN NEW CAPITAL AND FIRST CLOSE OF EQUITY ROUND AT $650M PRE-MONEY VALUATION - FURTHER VALIDATING LANZAJET'S SAF TECHNOLOGY AND ENABLING GROWTH
LanzaJet, Inc., a leading next-gen fuels technology company and fuels producer, today announced the first close of an overall $135 million target equity investment round, at a $650 million pre-money enterprise valuation. The round is co-led by IAG and Shell, with participation from Groupe ADP, LanzaTech, and Mitsui - all existing shareholders who are expanding their investment in LanzaJet's growth and operations at LanzaJet Freedom Pines Fuels in Soperton, Georgia, USA – the world's first fully
About this update from Shell Plc
[{"type":"text","content":"International Airlines Group (IAG), Shell, Groupe ADP, LanzaTech, and Mitsui make additional investments to support LanzaJet's growth and commercial deployment of its proprietary Alcohol-to-Jet (ATJ) technology","length":214,"tagName":"p"},{"type":"text","content":"CHICAGO, Feb. 19, 2026 /PRNewswire/ -- LanzaJet, Inc., a leading next-gen fuels technology company and fuels producer, today announced the first close of an overall $135 million target equity investment round, at a $650 million pre-money enterprise valuation. The round is co-led by IAG and Shell, with participation from Groupe ADP, LanzaTech, and Mitsui - all existing shareholders who are expanding their investment in LanzaJet's growth and operations at LanzaJet Freedom Pines Fuels in Soperton, Georgia, USA – the world's first fully integrated, commercial-scale ethanol-to-fuels plant. The continued investment from these industry leaders underscores strong confidence in the future of sustainable aviation fuel and LanzaJet's proprietary ATJ technology. The financing will support existing and future commercial deployments of its ATJ technology, allowing LanzaJet to capitalize on its deep portfolio of global opportunities.","length":954,"tagName":"p"},{"type":"image","alt":"LanzaJet logo","displaySize":"","headline":null,"caption":"LanzaJet logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":41,"url":"https://media.zenfs.com/en/prnewswire.com/ee76e150bfeb506654365ab45430bd53"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PCSxsLeN_r_sanD9uE8j4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcyO2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/ee76e150bfeb506654365ab45430bd53","width":400,"height":41}}},{"type":"text","content":"Separately, LanzaJet was previously awarded a substantial grant from the UK Department for Transport's Advanced Fuels Fund (AFF) to accelerate development of its Project Speedbird, a major SAF biorefinery in Teesside, United Kingdom. The first close of the equity round and the grant together provide LanzaJet with $47 million in capital.","length":342,"tagName":"p"},{"type":"text","content":""We're at a pivotal moment at LanzaJet. At the end of 2025, we announced that we fully operated and produced ASTM on-spec fuels at LanzaJet Freedom Pines Fuels – marking both the world&#...