SAF

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

ACT and NREL Forge Alliance to Drive Sustainable Aviation Innovation

Retrieved on: 
Monday, March 11, 2024

ACT, with a charitable mission to shape the future of sustainable flight, has unveiled its latest endeavor, the Systemic Approaches for Aviation Research Initiative (SAFARI).

Key Points: 
  • ACT, with a charitable mission to shape the future of sustainable flight, has unveiled its latest endeavor, the Systemic Approaches for Aviation Research Initiative (SAFARI).
  • Doug Arent, NREL executive director of strategic public-private partnerships, stated, "Decarbonizing aviation demands unprecedented collaboration to de-risk dynamic supply chains and rapidly deploy new energy technologies.
  • The laboratory's sustainable aviation initiative aims to develop decarbonization pathways with a holistic perspective to address all energy aspects of the aviation ecosystem—from net-zero-carbon energy sources to infrastructure optimization and aircraft propulsion technologies.
  • Tom Light, CEO of ACT, said, "Addressing these challenges requires a combination of public and private funding, including philanthropic contributions.

Gevo Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.
  • Net-Zero 1 and 2024 Expected Uses of Cash: We ended the fourth quarter with cash, cash equivalents, and restricted cash of $375.6 million.
  • Verity: In the third quarter of 2023, our Verity Tracking platform went live with farmers in South Dakota and Minnesota.
  • Gevo NW Iowa RNG generated positive, stand-alone non-GAAP cash EBITDA1 of $1.3 million for the fourth quarter.

Global Bioenergies: strong reduction of the loss in 2023 thanks to a significant increase in commercial activity

Retrieved on: 
Wednesday, March 6, 2024

In the first half of 2023, Global Bioenergies successfully supplied several tons of Isonaturane™ to major players in the cosmetics industry, including L'Oréal.

Key Points: 
  • In the first half of 2023, Global Bioenergies successfully supplied several tons of Isonaturane™ to major players in the cosmetics industry, including L'Oréal.
  • Thanks to this unique innovation, cosmetic products, from make-up to skincare, gain in naturalness while guaranteeing customers the same level of performance.
  • In 2023 alone, the savings of 100 MWh are equivalent to the private consumption of all Global Bioenergies employees.
  • As a reminder, on the full-year report of 29 December 2023, the following assets appeared on the liquidity account:

Willis Sustainable Fuels (UK) Limited Approved for Construction of Sustainable Aviation Fuel (“SAF”) Refinery at Teesworks, UK

Retrieved on: 
Tuesday, March 5, 2024

Recently, the project was awarded a £4.721M grant from the UK Department for Transport (“DfT”) Advanced Fuels Fund competition in support of its commitment to meet the growing demand for sustainable aviation solutions and contribute to a collective effort towards a more sustainable future for global aviation.

Key Points: 
  • Recently, the project was awarded a £4.721M grant from the UK Department for Transport (“DfT”) Advanced Fuels Fund competition in support of its commitment to meet the growing demand for sustainable aviation solutions and contribute to a collective effort towards a more sustainable future for global aviation.
  • "We're poised to dive into action, collaborating closely with our partners at Teesworks to bolster the UK’s SAF pipeline."
  • We are grateful for our partners at Teesworks and the DfT for supporting the advanced fuels sector,” said Stephanie Sutherland, WLFC’s Director of Corporate Development.
  • Willis Sustainable Fuels (UK) Limited's Carbonshift PtL process is targeted to produce SAF that can be seamlessly blended with conventional jet fuel for immediate use with existing commercial aircraft engines.

Aemetis Receives Authority to Construct Air Permits for Riverbank Sustainable Aviation Fuel Plant

Retrieved on: 
Tuesday, March 5, 2024

The Authority to Construct permits were issued by the San Joaquin Valley Air Pollution Control District following an extensive technical review and two public comment periods.

Key Points: 
  • The Authority to Construct permits were issued by the San Joaquin Valley Air Pollution Control District following an extensive technical review and two public comment periods.
  • Together, these permits are the key permits needed for Aemetis to proceed with engineering and financing to construct the plant.
  • “Building our sustainable aviation fuel business is a high priority to meet rapidly increasing global demand for SAF from airlines,” said Eric McAfee, Chairman and CEO of Aemetis.
  • The Aemetis Five Year Plan projects that the Aemetis sustainable aviation fuel and renewable diesel plant will generate $672 million of revenues with $195 million of adjusted EBITDA in 2027.

Golden Fields, Growing Opportunities for Farmers: Nuseed Enhances Productivity and Sustainability Through Expansion of Value-Added Seed Solutions  

Retrieved on: 
Wednesday, February 28, 2024

This innovative approach underscores Nuseed's commitment to sustainability and supports the advancement of regenerative agriculture in the Southern U.S. region.

Key Points: 
  • This innovative approach underscores Nuseed's commitment to sustainability and supports the advancement of regenerative agriculture in the Southern U.S. region.
  • Nuseed’s expertise in developing innovative and sustainable seed solutions has positioned the company as a leader in farmer-to-consumer value chains.
  • The strategic commercial expansion of Nuseed Carinata represents another visionary milestone in the company's commitment to shaping the future of farming.
  • Nuseed is excited to showcase Nuseed Carinata and the Omega-3 Production System at Commodity Classic from February 28th - March 2, 2024, in booth 1703.

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Retrieved on: 
Wednesday, February 21, 2024

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Key Points: 
  • Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development
    Technip Energies (PARIS:TE) announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund.
  • This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on Sustainable Aviation Fuels (SAF) research, production and technology, with both financial and strategic capital.
  • Arnaud Pieton, CEO of Technip Energies, commented: "By joining the United's Sustainable Flight Fund, Technip Energies reaffirms its commitment to addressing one of the industry's critical challenges: the current lack of industrial-scale solutions to meet the market demand for Sustainable Aviation Fuel (SAF).
  • The Fund represents a significant collaborative effort, drawing expertise from various sectors of the aviation industry, to propel forward the advancement of sustainable fuel solutions.

Stratasys Software Improves Efficiency and Reduces Costs for Additive Manufacturing with Release of New GrabCAD® Packages

Retrieved on: 
Tuesday, March 5, 2024

These packages bring the power of Stratasys’ GrabCAD software to additional customers to help increase their efficiency and reduce costs through improved workflows.

Key Points: 
  • These packages bring the power of Stratasys’ GrabCAD software to additional customers to help increase their efficiency and reduce costs through improved workflows.
  • “Our software provides essential capabilities for scaling up additive manufacturing workflows,” said Victor Gerdes, Vice President, Software, Stratasys.
  • “Many manufacturers have struggled with integrating additive manufacturing into their manufacturing ecosystem,” said Ryan Martin, Senior Director, Research, ABI Research.
  • Our software helps make additive manufacturing a viable option for today’s manufacturers by delivering real business value.”