AIR COMPANY

Today, we’re excited to announce that we have raised $69 million in our Series B funding round led by Avfuel, a leading global supplier of aviation fuel and services. The round was also supported by Lowercarbon Capital, IQT (In-Q-Tel), Alaska Airlines, Connecticut Innovations, Duncan Aviation, Jet Support Services, Inc. (JSSI), and the owners of Sheltair, among others. Existing investors Carbon Direct Capital, JetBlue Ventures and Toyota Ventures also participated in the financing. With this raise, we will further accelerate the development of our proprietary AIRMADE? Technology to meet the increasing demand for clean fuels in both commercial and government sectors. This will include massive advancements toward large-scale production of our fully formulated AIRMADE? SAF, a CO2-derived sustainable aviation fuel. We’re looking forward to continuing our journey of paving the way to global energy security by transforming CO2 into a valuable resource. Learn more here: https://lnkd.in/eby9x4Z5

AIR COMPANY in Forbes - "While AIR COMPANY knew from the start that sustainable fuels, a B2B product, would be the category its business would focus on long term, it made interesting choices how to first show up in the world."

Tune into Episode 02 of "Clearing the Air"!

This summer, we invited The New Yorker reporter Adam Iscoe to join us on a road trip upstate to West Point, New York, where we demonstrated our AIRMADE? Fuel in a Polaris Ranger. Before hitting the road, we gave Adam a tour of our two Brooklyn facilities. At the first one, we tasted some AIR Vodka (the product that started it all for us) while Gregory Constantine gave him the backstory and history of AIR COMPANY. While at the second facility, we watched as a batch of our AIRMADE? Fuel was created. From there, the day became more and more interesting. Read the full story to learn more about our "Joyride" at?https://lnkd.in/eviyvbv8

Spent the day with The New Yorker for AIR COMPANY ?

To achieve net zero by 2050, global industries have to reevaluate their supply chain and its carbon intensity. Aviation contributes approximately 2% of global carbon emissions, a number that seems small but is significant given that this sector is incredibly difficult to decarbonize. Without any changes, the industry’s share is expected to grow over time as other industries decarbonize and demand for air travel accelerates. The majority of these emissions stem from the combustion of conventional, crude oil-derived jet fuel, which requires changes to how we power aircraft to reduce the industry’s carbon footprint. SAF, hydrogen and aircraft electrification are the three pathways typically considered for reducing GHG emissions from aviation. Each has its own benefits, and while all are viable solutions, each faces challenges. We’ve broken down each alternative, ranking them across five key criteria based on the current state of technology development: GHG reductions, density and weight, supply chain logistics, price parity with jet fuel and flight duration. Learn more about the pathways to decarbonize aviation on AIR.Index at https://lnkd.in/ezn-VpMm

Did you know that SAF has the exact same chemical properties as conventional jet fuel? The real difference between the two, and why we need SAF to decarbonize aviation, lies in the feedstocks that are used and the nature of CO2 that is released once fuel is combusted. When SAF is used in an airplane, the CO2 that is released into the atmosphere comes from renewable sources used in the fuel production such as biomass or recycled biogenic CO2, meaning that new CO2 is not added to the atmosphere. As more SAF is used, this will ultimately lead to net GHG emissions reductions for the aviation sector. Allow our Director of Regulatory and Quality in Aviation, Mark Rumizen, to explain further with this excerpt from his Climate Week NYC talk: "Petroleum-derived fuel—crude oil is taken from the ground. It goes to a refinery, it's converted into jet fuel, and that jet fuel is loaded onto an airplane. The airplane combusts the fuel, and out the back of the engines comes CO2...Now, let's compare that with sustainable aviation fuel (SAF). Sustainable aviation fuel is made from renewable or sustainable feedstocks instead of food, oil, or petroleum... "The one thing to remember is that any SAF that's uplifted onto an airplane is exactly the same fuel chemically and even at the molecular level as jet fuel made from petroleum... "A lot of people think it's something different—like biodiesel is different from diesel, but it isn't; it's the same fuel. So have no concerns [because] by the time it gets uplifted onto your airplane that you're flying on, have no fear it [will] be exactly the same fuel, so it's going to be safe." Learn more about the anatomy of conventional jet fuel versus AIRMADE? SAF:?https://lnkd.in/eKxP7ABc

Introducing our latest series: “Clearing the Air.” This is one you’re not going to want to miss, so be sure to tune into Greg’s LinkedIn channel every week for the next four weeks.

We have a variety of roles open on our RD&E and Operations teams and are looking for passionate individuals who want to help the future. Head to our careers page to learn more about the roles or apply: https://lnkd.in/eQwEuYfh

Bruno Miller, our Vice President of Commercial Development & Government Affairs, was recently featured on 360 Energy’s podcast discussing the pathway to sustainable aviation. The conversation touched on everything from the aviation industry’s carbon footprint to the lifecycle of low-carbon fuels and the potential benefits for airlines and passengers. Listen here: https://lnkd.in/eN4YbtDQ