Breakthrough Energy

Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing

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Giovedì, Febbraio 22, 2024
Technology, Chemicals, Plastics, Other Energy, Manufacturing, Batteries, Alternative Energy, Energy, Other Science, Environment, Research, Sustainability, Science, Other Manufacturing, Green Technology, Climate change mitigation, CEC, The Nature Conservancy, Emerson Collective, Breakthrough Energy, National Science Foundation, Climate change, Steel, BlackRock, Electricity, NextEra Energy Resources, Temasek, Lean, TPV, Wind, Partnership, Renewable energy

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.

Key Points: 
  • This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.
  • Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels.
  • Antora bridges the gap between renewable energy and industrial manufacturing, supplying zero-emissions heat and power to factories with batteries made in America.
  • Opening a landmark U.S.-based thermal battery manufacturing facility , where Antora will produce its thermal battery modules for the company’s first major commercial projects.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

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Mercoledì, Febbraio 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

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Mercoledì, Febbraio 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

CREF and Aeroseal Partner to Improve Health Care Facilities

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Martedì, Febbraio 27, 2024
HVAC, Hospital, Education, Breakthrough Energy, Health care, Organization, Health, Knowledge, Patient, CREF, Partnership, Nursing

The agreement will span various sectors, including health care, education, and general commercial buildings— areas of expertise for both organizations—to cut energy costs and improve sustainability in facilities nationwide.

Key Points: 
  • The agreement will span various sectors, including health care, education, and general commercial buildings— areas of expertise for both organizations—to cut energy costs and improve sustainability in facilities nationwide.
  • CREF and Aeroseal aim to address these needs to make healthcare facilities safer, more comfortable, and cost-effective.
  • "The combination of Aeroseal's ventilation expertise and CREF's knowledge of working in acute care facilities makes for simple, low-risk projects that bring immediate benefit to health facilities.
  • Health care is a complex landscape," said Guy Colglazier, Vice President, and General Manager of Aeroseal's commercial division.

City of Seattle Chosen as 2024 Host City for the National Minority Supplier Development Council Business Economic Forum

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Martedì, Febbraio 13, 2024
Breakthrough Energy, AI, Forum, MBE, The Liberty Project, Zone, World Economic Forum, University, WMBE, Liberty, Ecosystem, Echo sounding, MSDC, Amazon, Microsoft, Minority business enterprise

SEATTLE, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Today, Seattle Mayor Bruce Harrell, National Minority Supplier Development Council (NMSDC) CEO and President Ying McGuire announced Seattle, Washington as the 2024 host city of the NMSDC Minority Business Economic Forum, May 14 - 16.

Key Points: 
  • SEATTLE, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Today, Seattle Mayor Bruce Harrell, National Minority Supplier Development Council (NMSDC) CEO and President Ying McGuire announced Seattle, Washington as the 2024 host city of the NMSDC Minority Business Economic Forum, May 14 - 16.
  • Joined by Northwest Mountain Minority Supplier Development Council (MSDC) President and CEO Karla Malacon, and Tanya Jimale, CEO of Jimale Technical Services, the mayor and NMSDC made the announcement from Jimale Technical Services, a local NMSDC-certified Minority Business Enterprise (MBE).
  • The event will bring together 500 of the nation’s most influential corporate c-suite leaders, high-growth minority business enterprise founders, policymakers, academics, business, and community leaders.
  • Seattle was chosen as the newest host city due to its pivotal role in technological and green economic innovation.

GeologicAI Expands Its Horizons with the Acquisition of Resource Modeling Solutions

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Martedì, Febbraio 13, 2024
Software, Natural Resources, Hardware, Artificial Intelligence, Robotics, Technology, Other Natural Resources, Mining, Minerals, Acquisition, Multimedia, Growth, Resource, Breakthrough Energy, Organization, RMS, Partnership

GeologicAI, a leading innovator in mining technology, is proud to announce the acquisition of Resource Modeling Solutions.

Key Points: 
  • GeologicAI, a leading innovator in mining technology, is proud to announce the acquisition of Resource Modeling Solutions.
  • "We are thrilled to welcome RMS to the GeologicAI family," said GeologicAI founder and CEO Grant Sanden.
  • "This integration strengthens our position in the industry and enhances our ability to deliver groundbreaking end-to-end technology solutions to our clients.
  • Earlier this year GeologicAI welcomed major investment from climate technology fund Breakthrough Energy Ventures along with Export Development Canada Ventures.

LANZAJET CELEBRATES GRAND OPENING OF THE WORLD'S FIRST ETHANOL TO SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY

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Domenica, Febbraio 4, 2024
All Nippon Airways, Ethanol, Agriculture, Mitsui & Co., Energy, ANA, Aviation biofuel, Government, Climate change, Shell, Carbon, Breakthrough Energy, Suncor Energy, Aviation, Microsoft, Economics, SAF, Gasoline

SOPERTON, Ga., Feb. 4, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility on January 24, 2024.

Key Points: 
  • SOPERTON, Ga., Feb. 4, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility on January 24, 2024.
  • LanzaJet's ethanol-based technology is the world's first next-generation SAF technology capable of scaling production to the levels needed to decarbonize aviation.
  • LanzaJet Freedom Pines Fuels serves as a blueprint for utilizing first-of-its-kind innovation to scale SAF production and enables LanzaJet's aspiration for 1 billion gallons of SAF production by 2030.
  • "LanzaJet's facility will help accelerate the SAF industry and provide new economic opportunities for producers for a more sustainable future."

Heart Aerospace raises $107 million in Series B funding

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Giovedì, Febbraio 1, 2024
Multimedia, Heart Aerospace, Aviation, Certification, Breakthrough Energy, Y Combinator, EQT Ventures, Air travel, Air Canada, Climate change, Carbon footprint, Economics, EASA

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel.
  • The new round brings the total financing raised by Heart Aerospace since its inception to $145 million.
  • 'We couldn't be more excited about this round," said Anders Forslund, co-founder, and CEO of Heart Aerospace.
  • In addition to announcing new funding, Heart Aerospace said EQT Ventures partner Ted Persson will be joining the company's Board of Directors.

Booz Allen Invests in Albedo to Develop Very Low Earth Orbit (VLEO) Satellite Constellation

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Martedì, Gennaio 23, 2024
Hardware, Other Defense, Contracts, Security, Satellite, Government Technology, Photography, Technology, Audio, Video, Defense, Military, Other Technology, Telecommunications, Software, Networks, Mobile, Wireless, Giant, International Space Station, United States Space Force, Investment, VLEO, Y Combinator, Computer security, Agriculture, Intelligence, Booz Allen Hamilton, Federation, Privacy, NASA, Department of Defence, Breakthrough Energy, UAV, LEO, Climate, Engineering, Cypress, Initialized Capital, Communications satellite

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.

Key Points: 
  • Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.
  • This investment supports Albedo’s operational constellation deployment and is aligned to Booz Allen’s efforts to accelerate U.S. space capabilities with the power of data.
  • “Albedo is revolutionizing the industry by making high-resolution images and imagery-as-a-service more accessible and affordable, both commercially and for the federal government,” said Travis Bales , managing director of Booz Allen Ventures.
  • Previous Booz Allen Ventures investments include Latent AI , Synthetaic , Reveal Technology , Credo AI , Hidden Level , Shift5 , Hidden Layer , and Second Front (2F ).

Albedo Raises $35M to Commercialize Very Low Earth Orbit (VLEO)

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Martedì, Gennaio 23, 2024
Technology, Other Defense, Satellite, Photography, Aerospace, Manufacturing, Audio, Video, Software, Defense, Giant, VLEO, Y Combinator, Multimedia, Climate change, Albedo, Initialized Capital, Data collection, Breakthrough Energy, Surveying

Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.

Key Points: 
  • Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.
  • Scene content, such as vehicles present and an operating gas compressor, are examples of possible activity indicators.
  • In addition, Ben Sampson, Managing Director of Standard Investments, will join the Albedo Board of Directors.
  • By rethinking the traditional approach to earth observation satellites, namely developing a stable, agile platform to operate at very low altitudes, Albedo is able to collect data at an exquisite quality with cost-effective, mid-sized satellites.