Lanzatech Global Inc (LNZA) Earnings

LanzaTech Global, Inc. engages in the provision of nature-based carbon refining that transforms waste carbon into chemical building blocks for consumer goods such as sustainable fuels, fabrics, and packaging. The company is headquartered in Skokie, Illinois and currently employs 383 full-time employees. The company went IPO on 2021-08-06. Using its bio-recycling technology, the Company captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. The company then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. The company has developed and deployed a proprietary technology platform that integrates gas fermentation with upstream gasification and downstream product processing. Its platform utilizes feedstocks containing carbon dioxide, hydrogen, and carbon monoxide, including industrial emissions, gasified municipal and agricultural waste, and reformed biogas. Its technology produces ethanol, which serves as a chemical building block for various consumer goods, including sustainable fuels, packaging materials, and others.