LanzaTech Global Inc. has formalised a new amended version of its agreements with the investors of its subsidiary LanzaJet Inc., which specialises in the production of sustainable aviation fuel. These changes aim to accelerate the commercial rollout of the fuel while adjusting governance and ownership conditions.
The revised agreements introduce a two-tranche share distribution structure, conditional upon achieving development milestones at the Freedom Pines site located in the state of Georgia. If an initial public offering or sale of LanzaJet occurs before LanzaTech receives the full share tranches, its stake will automatically increase to 50% without further financial contribution.
Licence contract extended to 2031
In parallel, the 2020 technology licensing agreement between the two companies has been extended to 31 December 2031. The amendment removes LanzaTech’s right to terminate the contract and imposes an obligation to transfer the licence directly to LanzaJet. It also lifts previous restrictions on sublicensing LanzaJet’s technology to third parties, broadening its commercial application.
This development comes as LanzaJet continues to rely on the Alcohol-to-Jet (AtJ) process, which uses industrial waste converted into ethanol as feedstock. The technology was originally developed by LanzaTech and later improved by LanzaJet.
Strengthened integration strategy
With this restructuring, LanzaTech consolidates its position as the core technology provider while increasing its influence over LanzaJet’s strategic direction. This dual role enables the company to align growth with both technological control and shareholder value creation.
“This new agreement confirms LanzaTech’s role as a strategic shareholder essential to LanzaJet’s development,” said Jennifer Holmgren, Chief Executive Officer of LanzaTech.
