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Sustainable Aviation Gasoline – Aether fuels and GTI Vitality announce partnership and unique licensing deal.
Aether Fuels (Aether) and GTI Vitality introduced a partnership and international unique licensing settlement to commercialize a scalable and economical answer to supply sustainable fuels from low-value and ample waste streams.
The fuels will assist aviation and ocean delivery corporations (which mixed generate greater than 4 %* of the world’s carbon emissions) obtain their net-zero ambitions. Aether is a venture-backed deep-tech local weather firm. GTI Vitality is a non-profit know-how growth group that creates modern options for low carbon, low-cost power programs.
The Analysis and Growth (R&D) partnership started in 2022 between Aether and GTI Vitality looking for to construct on a gas-to-liquid (“GTL”) know-how program initiated by GTI Vitality in 2016.
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The GTL program combines improvements in chemistry (catalysts), gear (reactors), and course of flows to transform gaseous waste carbon streams, equivalent to captured carbon dioxide, industrial waste gases, biogas and transformed agricultural residues, into liquid hydrocarbons. The know-how growth is supported by $6 million in grants from the U.S. Division of Vitality, in addition to additional investments by Aether, which just lately introduced a $9 million funding spherical.
Collectively, Aether and GTI Vitality have developed a brand new idea constructed upon the unique GTL program that has the pliability to transform a variety of carbon feeds whereas additionally producing extra product at decrease price than current approaches.
The brand new answer has been demonstrated in an built-in pilot line at GTI Vitality’s Chicago-area campus producing 1.5 gallons of sustainable fuels per day. A 100 gallon per day built-in pilot will begin building at this campus in March.
This announcement marks a shift from R&D led by GTI Vitality to a brand new commercialization part led by Aether’s crew of skilled enterprise and know-how executives. The licensing settlement offers Aether unique international rights to sure key GTI Vitality GTL applied sciences for producing sustainable liquid hydrocarbons.
The partnership extends Aether’s R&D contract with GTI Vitality and establishes a complete know-how switch program below which Aether will progressively take over the additional R&D to scale the brand new answer. As a part of this program, the Aether crew will work alongside GTI Vitality counterparts, establishing an R&D Heart to entry GTI Vitality’s world-class services and crew and run the pilot strains.
Conor Madigan, Aether CEO, stated:
Incubating transformative applied sciences is only one aspect of GTI Vitality’s immense worth; they’re equally pushed by a mission to commercialize the applied sciences in order that they’ll influence the world.
“They’re a world-class collaborator with a mannequin that’s geared to speed up know-how growth and get it to market at scale. As we labored with GTI Vitality’s scientists and leveraged the group’s intensive R&D sources, we concurrently constructed our management crew and began implementing our international enterprise technique. This made us extra agile and diminished our price constructions. Now, with the unique license, we will transfer quick to meet the potential of this breakthrough sustainable gasoline manufacturing answer.”
Paula Gant, President and CEO, GTI Vitality stated:
At GTI Vitality, we worth collaborative partnerships with visionary leaders looking for to create disruptive improvements by scaling built-in know-how options to handle consequential power challenges.
“We’re excited to work with Aether Fuels to leverage our foundational know-how to form low carbon, low-cost fuels options for decarbonizing international economies.”
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About Aether’s Answer: Aether’s gasoline is created from low-cost and ample waste carbon streams, equivalent to captured carbon dioxide, industrial waste gases, municipal strong waste, agricultural residues, and waste biomass. The corporate’s proprietary course of combines feedstock flexibility with most yield and slashes plant capital prices, enabling dramatically higher unit economics whereas additionally assembly stringent sustainability standards.
About Aether Fuels: Aether Fuels envisions a net-zero world enabled by its breakthrough sustainable liquid gasoline manufacturing know-how. We’re growing extremely scalable options that dramatically enhance the unit economics of manufacturing sustainable fuels for aviation and ocean delivery.
Established in 2022 as a spin-out of Xora Innovation, a deep-tech early-stage funding platform of Temasek, we preserve principal workplaces within the U.S. and Singapore. For extra info, go to www.aetherfuels.com or observe us on LinkedIn.
About GTI Vitality: GTI Vitality is a number one know-how growth group. Our trusted crew works to scale impactful options that form power transitions by leveraging gases, liquids, infrastructure, and effectivity. We embrace programs considering, innovation, and collaboration to develop, scale, and deploy the applied sciences wanted for low-carbon, low-cost power programs.
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Aether Fuels and GTI Vitality Announce Partnership and Unique Licensing Deal, CHICAGO, Illinois, February 5, 2024