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Aether Fuels signs MOU with JetBlue

2024-10-09 14:21

Wedoany.com Report-Oct 09, Aether Fuels, a venture-backed climate technology company, on Sept. 23 announced that it has signed a memorandum of understanding (MOU) with JetBlue . Aether has developed a breakthrough technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels at a lower cost and greater scale than existing approaches. The agreement creates a pathway for Aether to supply JetBlue with sustainable aviation fuel (SAF) when commercial production begins.

The MOU extends Aether’s relationship with JetBlue that began when its venture capital subsidiary, JetBlue Ventures, invested in Aether’s convertible note and Series A financings.

Aether’s technology, known as Aether Aurora, uses a range of waste carbon feedstocks that do not compete with food or feed value chains. This critical “feedstock flexibility” differentiator enables the large-scale deployment of Aether Aurora technology and contributes to the breakthrough economics that are essential for sustainable liquid fuels, by enabling the conversion of numerous abundant waste carbon feedstocks into jet fuel. This overcomes the supply constraints faced by many other SAF production processes that rely on a limited type of often-scarce or cost-constrained feedstocks.

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