This company develops a catalytic process to convert diverse carbon-rich sources like CO2, MSW, and biomass into Sustainable Aviation Fuel (SAF). Their technology achieves over 90% CO2 emission reduction while lowering SAF production costs. The core value is delivering green liquid fuels that support aviation decarbonization goals through innovative waste transformation.
Funding
Funding not disclosed
Founders
Product
Problem
The aviation industry faces increasing pressure to reduce its carbon footprint and comply with emerging green fuel regulations. Traditional sustainable aviation fuel (SAF) production methods can be expensive and resource-intensive, hindering widespread adoption. This creates a need for cost-effective and scalable solutions to produce SAF from diverse carbon sources.
Solution
NGV provides a catalytic technology that reduces CO2 emissions in aviation by over 90% across the product lifecycle. Their solution processes diverse carbon-rich sources, including CO2, municipal solid waste (MSW), and biomass, transforming them into SAF and other valuable materials. The catalytic process eliminates the need for costly operational units in syngas conditioning and product upgrading steps, resulting in significant cost savings compared to conventional SAF production. This approach enables the aviation industry to meet sustainability mandates while reducing production costs and promoting a more resilient, eco-friendly fuel supply.
Target Audience
NGV's primary customers are airlines, aviation fuel producers, and other stakeholders in the aviation industry seeking cost-effective and sustainable solutions to meet emissions reduction targets and comply with green fuel regulations.
Features
- Catalytic process for converting CO2, municipal solid waste (MSW), and biomass into SAF
- Demonstrated reduction of CO2 emissions by over 90% across the product lifecycle
- Elimination of syngas conditioning and product upgrading steps, reducing capital expenditure
- Compatibility with existing aviation infrastructure and engine technology
- Production cost reduction of over 20% compared to conventional SAF production methods
- Over 15,000 hours of cumulative catalyst testing time
- Technology Readiness Level (TRL) of 5
- Portfolio of 4 patents related to the catalytic technology