LanzaTech revenue declines as it refocuses on carbon capture

Skokie, Illinois-based waste conversion technology company LanzaTech Global Inc.  has reported second quarter 2025 revenue of $9.1 million, a figure that is 47 percent lower compared with one year earlier.

The company’s second quarter 2025 net loss of $32.5 million is 17 percent higher compared with the loss experienced in the second quarter of last year.

This March, the company announced it was shifting its focus from research and development to “globally deploying our proven technology” while “pursuing partnership opportunities for technologies that are ready to stand on their own and sharpening our focus on high-impact commercial projects that align more with a path to profitability.”

The company then listed “waste-based ethanol-to-sustainable aviation fuels (SAF) facilities” as examples of such projects.

This month, in comments accompanying its earnings report, LanzaTech says it “continues to advance key commercial projects,” adding, “This includes ongoing development efforts and collaborations to scale production of SAF using LanzaTech’s proprietary gas fermentation platform, positioning the company to serve growing demand from airlines, refiners and governments aiming to meet decarbonization targets.”

“We are focused on building a more efficient, scalable business with a path to profitability,” says Dr. Jennifer Holmgren, board chair and CEO of LanzaTech. “In the second quarter, we took important steps to streamline operations and shift resources toward commercial execution especially relating to the high-growth market for SAF. Our platform’s ability to convert carbon waste into SAF will position us to play a critical role in aviation decarbonization.”

While the company has previously invested on systems to convert parts of the municipal solid waste (MSW) stream into SAF, it now says it is focused on the capture of “carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air.”