Why LanzaTech Shares Are Surging On Wednesday
Why LanzaTech Shares Are Surging On Wednesday
LanzaTech Global, Inc. (NASDAQ:LNZA) shares are trading higher on Wednesday after the company received a $3 million award from the U.S. Department of Energy's Office of Fossil Energy and Carbon Management (FECM).
LanzaTech全球公司(NASDAQ:LNZA)股價週三上漲,此前該公司從美國能源部化石能源和碳管理辦公室(FECM)獲得了300萬美元的獎勵。
This funding is part of a broader $29 million investment program aimed at advancing carbon management priorities.
這筆資金是一個更廣泛的2900萬美元的投資計劃的一部分,旨在推動碳管理優先事項。
LanzaTech's Project ADAPT (Accelerating Decarbonization via Advanced Production Technologies) was chosen to align with FECM's goal of converting carbon dioxide (CO2) into environmentally responsible and economically valuable products.
LanzaTech的ADAPt項目(通過先進生產技術加速脫碳)被選中與FECM的目標保持一致,即將二氧化碳(CO2)轉化爲對環境負責且具有經濟價值的產品。
Project ADAPT leverages the company's existing expertise in using CO2 as a feedstock to produce isopropanol at a pilot scale, with the goal of advancing the process and platform further.
ADAPt項目利用公司在使用CO2作爲原料生產異丙醇的現有專業知識,以實現中試規模,並旨在推動該過程和平台進一步發展。
Notably, Project ADAPT will be mainly funded by the $3 million investment from FECM, complemented by approximately $0.8 million from LanzaTech. This brings the total estimated project cost to $3.8 million.
值得注意的是,ADAPt項目將主要由FECm的300萬美元投資資助,該項目還將獲得LanzaTech提供的約80萬美元的資助。這將使總估計項目成本達到380萬美元。
Most of the revenue is anticipated to be realized and positively impact financial results in 2025 and 2026.
預計大部分營業收入將在2025年和2026年實現並對財務業績產生積極影響。
The projects funded by FECM align with the Biden-Harris Administration's goals of achieving a carbon-neutral power sector by 2035 and reaching net-zero greenhouse gas emissions by 2050.
由FECm資助的項目與拜登-賀錦麗政府旨在於2035年實現碳中和電力板塊和到2050年實現淨零溫室氣體排放的目標相一致。
Jennifer Holmgren, CEO of LanzaTech said, "CO2 is an essential feedstock of today and the future, and Project ADAPT leverages our expertise and existing operations to accelerate the commercialization of transformational carbon capture and utilization technologies that deliver cleaner and more sustainable energy and products."
LanzaTech首席執行官Jennifer Holmgren表示:「CO2是今天和未來的基本原料,ADAPt項目利用我們的專業知識和現有業務加速變革性的碳捕獲和利用技術的商業化,這些技術提供更清潔、更可持續的能源和產品。」
The company will report third-quarter 2024 financial results on November 8, 2024.
公司將於2024年11月8日公佈2024年第三季度財務業績。
Price Action: LNZA shares are up 18.4% at $1.995 at the last check Wednesday.
股價走勢:LNZA股票在上週三的最後交易價爲1.995美元,上漲了18.4%。
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譯文內容由第三人軟體翻譯。