Air to Jet Fuel: United Announces Investment in Power-to-Liquid Fuels Company Twelve
Source: United Airlines Twelve's technology is an industrial alternative to photosynthesis to transform carbon and water into inputs for sustainable aviation fuel (SAF) – company recently entered into one of the largest SAF contracts with large European airline group for 260 million gallons United Airlines Ventures Sustainable Flight FundSM continues to augment its investment portfolio with commercially advanced companies that use demonstrated energy pathways United has announced an investment in Twelve, an innovative low carbon fuels company that uses a process similar to photosynthesis to transform CO2 and water into sustainable aviation fuel (SAF) using renewable energy. This investment by the United Airlines Ventures Sustainable Flight Fund follows Twelve's $83 million Series C funding round and project financing for its first [...]