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Cambridge biotechnology company HutanBio, which is developing algae-derived oils for sustainable aviation fuel (SAF), has signed its first commercial offtake Memorandum of Understanding (MoU) with Oman’s Wakud International, as the aviation industry searches for new feedstock sources capable of supporting future SAF demand.
NATS has committed £500k to carbon removals through carbon removals intelligence provider CUR8, contributing to an initiative led by the UK Sustainable Aviation coalition, to stimulate the carbon removals market as part of a £2 million Advance Market Signal.
Between commercial aircraft at 10 km and conventional satellites at 500 km lies a band of near-Earth space, called very low earth orbit (or VLEO), which until now, has not been accessible for commercial space flight.