In Australia, Qantas and Airbus have jointly committed to invest $9.4 million into Climate Tech Partners (CTP), a climate-focused venture capital fund, to support their shared ambition to accelerate the development of sustainable aviation fuel and other aviation decarbonization technologies. Qantas and Airbus’ collaboration with CTP will help stimulate technological advancements in SAF, particularly in Australia, through a dedicated investment vehicle. It will focus on technologies for SAF production, feedstock development and other value-chain innovations and will sit alongside Climate Tech Partner’s main fund. CTP will leverage the diverse skills and knowledge base of its group of 12 partners – made up of leaders in industries ranging from energy generation to infrastructure – to provide mentorship and strategic guidance to enable further collaboration. Through this partnership, CTP will invest on behalf of Qantas and Airbus into leading local and global start-ups focused on SAF and other innovative technologies. As these solutions mature, Qantas and Airbus have the option to explore further follow-on and direct investments enabling deployment of the start-up’s technologies in real-world Australian projects. The investment will be made from Qantas and Airbus’ $200 million partnership which was established in 2022 to help accelerate SAF production.
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