Nova Pangaea Technologies says a new agreement with British Airways and sustainable fuels firm LanzaJet will bring further investment and a boost to an aviation fuel project.
The clean tech company, which converts discarded biomass material into other products using its REFNOVA process, will receive funding from British Airways owner IAG to support development work. Redcar-based Nova Pangaea is looking to decarbonise the aviation industry.
As part of the Project Speedbird consortium, the firm is aiming to create the UK’s first sustainable aviation fuels facility that uses agricultural and wood waste taken from sustainable sources. Last year the project secured £500,000 from the Department for Transport's Green Fuels, Green Skies competition and now it is seeking additional money from the Advanced Fuels Fund grant.
