As of december 31, 2024, lanzatech had $58. 1 million in total cash, restricted cash, and investments, compared to total cash of $89. 1 million at the end of third-quarter 2024. On august 6, 2024, lanzatech successfully closed a new $40 million investment by carbon direct capital, a globally recognized investor focused on investing in carbon management companies. With a $3 million grant from the u. s.

As we begin a new year, i want to extend my heartfelt gratitude for your support of lanzatech over the past 12 months. Despite headwinds, we have celebrated significant milestones that demonstrate the …