Abiopharma

LANZATECH GLOBAL, INC. (LNZA) Reports the reporting period Financial Results LANZATECH GLOBAL, INC. (LNZA) announced its financial results for the period ending the reporting period. Key Financial Highlights:

• Revenue: (1,091)
• Net Income: 184305
• EPS: Not disclosed
• Cash and equivalents: 48903
  • targeting 79,000 tonnes of SAF and 9,000 tonnes of renewable diesel annually and marking a major de-risking milestone toward FID with the planned Environmental Impact Assessment scoping notification.◦LanzaTech estimates that the FLITE project carries the potential to deliver approximately $115 million in annualized offtaking revenues, with significant additional revenue opportunity streams. •LanzaTech is currently undergoing the world's first ISCC EU certification pathway for recycled carbon fuels in China, working with ISCC and other stakeholders to establish the methodology, carbon accounting, and traceability standards for this emerging fuel category. ISCC EU certification verifies compliance with the EU's Renewable Energy Directive (RED III) and is also recognized by the UK's Department for Transport, making it a gateway to both mandated markets. This work is foundational to market access for recycled carbon fuel projects and future certifications as the category scales. •Added to the Russell 3000