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LANZAJET ANNOUNCES SELECTION OF FLUOR CORPORATION FOR FRONT-END ENGINEERING AND DESIGN (FEED) FOR PROJECT SPEEDBIRD - LANZAJET'S FLAGSHIP UK SAF PLANT

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Fluor Corporation (NYSE: FLR) has been selected to perform Front-End Engineering and Design (FEED) for LanzaJet's Project Speedbird in Teesside, UK, announced Nov 4, 2025.

Project Speedbird is a commercial-scale ethanol-to-SAF facility planned to produce over 90,000 tonnes (30 million gallons) of sustainable aviation fuel and renewable diesel annually, and is estimated to reduce British Airways' CO₂ emissions by ≈230,000 tonnes per year. The project received a £10 million ($13 million) award from the U.K. Government Advanced Fuels Fund and aims to create hundreds of construction-to-operation jobs.

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Positive

  • FEED contract awarded to Fluor on Nov 4, 2025
  • Planned output: over 90,000 tonnes SAF and renewable diesel annually
  • Estimated CO₂ reduction of ~230,000 tonnes/year for British Airways
  • Received £10 million ($13 million) U.K. Advanced Fuels Fund award

Negative

  • None.

News Market Reaction

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-3.81% News Effect

On the day this news was published, FLR declined 3.81%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO, Nov. 4, 2025 /PRNewswire/ -- LanzaJet, Inc., a leading next-gen fuels technology company and producer of sustainable fuels, has recently awarded the Front-End Engineering and Design (FEED) for Project Speedbird to Fluor Corporation (NYSE: FLR). 

Developed with support from British Airways, LanzaJet's Project Speedbird is a commercial scale ethanol-to-SAF facility to be located in Teesside, UK, which will produce over 90,000 tonnes (30 million gallons) of SAF and renewable diesel annually, reducing British Airways' CO₂ emissions by approximately 230,000 tonnes per year—equivalent to 26,000 British Airways domestic flights.

"Project Speedbird is the next commercial scale facility in our portfolio that LanzaJet is developing, working closely with British Airways. It is an important step in the continued scale-up of our leading sustainable fuels technology," said Jimmy Samartzis, CEO of LanzaJet. "Partnering with the globally recognized engineering, procurement, and construction (EPC) company Fluor Corporation shows our commitment to the highest standards in project execution."

The project is expected to bring significant opportunities for the North East region and create hundreds of jobs through construction to operation, was recently awarded £10 million ($13 million) by the U.K. Government through its Advanced Fuels Fund.

"Project Speedbird marks a pivotal advancement in the global effort to decarbonize aviation," said Mike Alexander, Group President, Project Execution, Fluor Corporation "By accelerating the adoption of sustainable fuel technologies, this project will help redefine the future of flight. Fluor is proud to bring our engineering and design expertise to this visionary initiative."

Project Speedbird is set to transform the aviation sector by producing SAF from low-carbon ethanol using LanzaJet's patented and fully integrated Alcohol-to-Jet (ATJ) technology solution. The LanzaJet ATJ solution is deployed at commercial scale at LanzaJet's Freedom Pines Fuels facility in Georgia, USA.

About LanzaJet
LanzaJet is a leading alternative fuels technology provider with patented ethanol-based alcohol-to-jet (ATJ) technology. LanzaJet is impacting economic development, energy security, decarbonization, and national security by accelerating the production and deployment of Sustainable Aviation Fuel (SAF) and other alternative fuels. LanzaJet is supported by investors and funders including Airbus, ANA, Breakthrough Energy, British Airways, Groupe ADP, Microsoft, Mitsui, MUFG, LanzaTech, Shell, Southwest Airlines, Suncor, the US Department of Energy, and the UK Department for Transport. Last year, LanzaJet was named a TIME100 Most Influential Company, a Rising Star Company of the Year by S&P Global, and one of MIT's 15 Climate Tech Companies to Watch in 2024. Further information is available at: https://www.lanzajet.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lanzajet-announces-selection-of-fluor-corporation-for-front-end-engineering-and-design-feed-for-project-speedbird--lanzajets-flagship-uk-saf-plant-302603570.html

SOURCE LanzaJet, Inc.

FAQ

What did Fluor (FLR) win on Nov 4, 2025 for Project Speedbird?

Fluor was selected to deliver the FEED (front-end engineering and design) contract for Project Speedbird.

How much SAF will Project Speedbird (LanzaJet) produce annually?

Project Speedbird is planned to produce over 90,000 tonnes (30 million gallons) of SAF and renewable diesel per year.

How much CO₂ reduction does Project Speedbird claim for British Airways each year?

The project is estimated to reduce British Airways' emissions by about 230,000 tonnes per year.

Did Project Speedbird receive government funding and how much?

Yes; the project was awarded £10 million ($13 million) from the U.K. Government Advanced Fuels Fund.

Where will LanzaJet's Project Speedbird be located and what technology will it use?

The facility is planned for Teesside, UK and will use LanzaJet's Alcohol-to-Jet (ATJ) ethanol-to-SAF technology.

What is the expected local economic impact of Project Speedbird in the North East UK?

The project is expected to create hundreds of jobs from construction through operation in the North East region.
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