LanzaTech Global, Inc. develops carbon management and conversion technologies built around a proprietary gas-fermentation platform. The company uses microbes to transform waste carbon, industrial off-gases and waste-based feedstocks into ethanol, energy products, chemicals and materials, with recurring updates tied to sustainable aviation fuel, renewable diesel and other carbon-to-value pathways.
Company news covers commercial deployments, pilot operations, project contracts, technology partnerships, grant-supported development, financing activity and quarterly or annual operating results. Updates also include LanzaTech’s non-controlling ownership position in LanzaJet, Alcohol-to-Jet technology exposure, and international project activity across markets such as Asia and Europe.
LanzaTech NZ, Inc. completed its business combination with AMCI Acquisition Corp. II and began trading on Nasdaq as LanzaTech Global, Inc. (NASDAQ: LNZA) on February 10, 2023. The IPO was priced at $10.00 per share, valuing the company at $2 billion. LanzaTech specializes in carbon capture technology, converting waste carbon into sustainable fuels and materials. It has launched commercial carbon refining plants, producing over 47 million gallons of ethanol and mitigating over 240,000 tons of CO2. The company collaborates with brands like Lululemon and Unilever to promote sustainable solutions.
LanzaTech Global, Inc. begins trading on Nasdaq under the ticker symbols LNZA for common stock and LNZAW for public warrants following its successful merger with AMCI Acquisition Corp. II. The transaction generates approximately $240 million in proceeds, expected to support the company's growth until it reaches breakeven cash flow in 2024. LanzaTech, an innovator in carbon capture technology, aims to convert waste carbon into sustainable products while partnering with global leaders in various industries.
LanzaTech has completed its business combination with AMCI Acquisition Corp. II, becoming LanzaTech Global, Inc. on February 10, 2023. The transaction generated approximately $240 million in proceeds, bolstering its plans to reach cash flow breakeven by 2024. LanzaTech specializes in carbon capture and transformation, converting waste carbon into sustainable materials like fuels and packaging. With a pro forma enterprise value of $1.8 billion, the company aims to accelerate the deployment of its technology across various industries, leveraging strong partnerships to support sustainability goals.