LanzaTech announced today that it has secured US$18M in capital investment led by a Chinese VC firm.  Last month, LanzaTech announced its first commercial partnership signed at the World Expo in Shanghai, China.

LanzaTech’s proprietary technology converts industrial waste gases into ethanol fuel.  NATCOM provides LanzaTech with high-capacity broadband via satellite to its Pilot Plant at NZ Steel in Glenbrook.

We congratulate LanzaTech on their success and wish them the best in taking more smart NZ technology to the world!