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UAV SFF
Technip Energies invests in United Airlines Ventures’ Sustainable Flight Fund to advance sustainable aviation fuel development
Technip Energies (PARIS:TE) announced a strategic investment in United Airlines Ventures Sustainable Flight Fund. Strategically designed to leverage cross-industry support, this innovative fund provides financial and strategic capital to startups working on sustainable aviation fuel (SAF) research, production, and technology. We offer both.
With this investment, Technip Energies announced that the fund is comprised of more than 20 corporate partners from all parts of the aviation supply chain, including airlines, aircraft and engine manufacturers, fuel producers, and financiers. Positioned as your first strategic partner with engineering, procurement and construction capabilities. , travel management, etc.
Arnaud Pieton, CEO of Technip Energiescommented: “By joining the U.S. Sustainable Aviation Fuel Fund, Technip Energies is confident that an industrial-scale solution is now available to meet the market demand for sustainable aviation fuel (SAF), one of the industry’s critical challenges. We reaffirm our commitment to addressing the challenge of scarcity.By bringing our engineering expertise and leveraging our technology scale-up capabilities and global project delivery know-how, we will We join efforts to accelerate supply to meet growing SAF demand along the way.”
The Fund represents an important collaborative effort to draw expertise from different sectors of the aviation industry and drive advances in sustainable fuel solutions. Through this collaborative approach, the Fund aims to accelerate the transition to a more sustainable aviation sector.
About Technip Energies
Technip Energies has leading positions in liquefied natural gas (LNG), hydrogen and ethylene, as well as expanding market positions in blue and green hydrogen, sustainable chemistry and CO, helping to drive the energy transition. is a leading engineering and technology company in the world.2 management. The company benefits from a robust project delivery model supported by a wide range of technology, product and service offerings.
With operations in 35 countries, our 15,000 employees are committed to delivering innovative projects for our clients, breaking boundaries and accelerating the energy transition for a better tomorrow. .
Technip Energies is listed on Euronext Paris with American Depositary Receipts (“ADRs”). For more information, please visit www.ten.com.
Important information for investors and security holders
Forward-looking statements
This press release contains no forward-looking statements that reflect the intentions, beliefs or current expectations and projections regarding Technip Energies’ (the “Company”) future results, expected revenues, earnings, cash flows, financial condition, liquidity, performance and prospects. Contains forward-looking statements. , the anticipated growth, strategies, opportunities and markets in which we operate. Forward-looking statements often include statements about “believes,” “expects,” “anticipates,” “plans,” “intends,” “foresees,” “should,” or “will.” “, “may,” “might,” “estimates,” “outlook” and similar expressions, including the negative thereof. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on our current expectations, beliefs and assumptions regarding future developments and business conditions and their potential impact on us. Although the Company believes that these forward-looking statements are reasonable at the time they are made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.
All of the Company’s forward-looking statements involve risks and uncertainties, some of which are material or beyond the Company’s control, and which may cause actual results to differ based on the Company’s historical experience and the Company’s expectations. They contain assumptions that could cause the results to differ materially from current expectations or projections. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, actual results may differ materially from those described in the forward-looking statements. There is a possibility.
Information regarding known important factors that could cause actual results to differ from projected results is contained in the Company’s 2022 Annual Financial Report filed with the Dutch Financial Authorities on March 10, 2023. See our risk factors.
Markets (AFM) and the French Agency for Financial Markets includes a discussion of factors that may affect our future performance and the markets in which we operate. See also Section 1.3 (Key Risks and Uncertainties) of our 2023 Semi-Annual Report filed with AFM and AMF on July 27, 2023.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. We undertake no obligation, and do not necessarily require, to update any forward-looking statements based on new information or future events, except to the extent required by applicable law.
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