SkyNRG Soars Higher: Securing $300M to Propel the Global Sustainable Aviation Fuel Revolution

SkyNRG is thrilled to announce a significant milestone in its journey toward a more sustainable future, having raised 300,000,000 dollars in its latest funding round. This capital surge comes as a strong vote of confidence in the company’s vision and its relentless drive to transform the aviation industry by replacing fossil jet fuel with sustainable aviation fuel (SAF). Since its inception in 2010, SkyNRG has been at the forefront of scaling SAF demand and production capacity, demonstrating an unwavering commitment to the sector’s 2050 net zero targets. Today, SkyNRG supplies SAF to over 130 customers globally, a testament to its robust market presence and the growing recognition of SAF’s critical role in reducing carbon emissions. The new funds will be strategically invested in the development of dedicated production facilities, ensuring that the company remains well-equipped to meet the burgeoning global demand for cleaner, more responsible fuel alternatives. As a certified B Corp™, SkyNRG consistently upholds the highest standards of environmental stewardship and ethical business practices, reinforcing its reputation as a global leader in sustainable innovation. Moreover, with oversight from an independent Sustainability Board, the company continues to set benchmarks in strategic sustainability practices, from careful feedstock selection to compliance with RSB EU RED, CORSIA, and Book & Claim standards. This investment not only propels the mission of replacing fossil jet fuel with SAF but also acts as a catalyst for accelerating the entire industry’s transition toward a greener, more sustainable future for aviation worldwide.