Driving growth in the attractive, growing renewable fuels market, principally in the US
With its partners, Velocys aims to deliver the most economically compelling conversion solution: a fully integrated offer that can be deployed at scale into the growing, attractive market on which it now focuses.
Velocys will develop a material supply position by taking control of multiple projects, reducing delivery risk and driving commercialisation at pace. The company's licensing model has strong economics from technology sales. Velocys will selectively inject capital into early projects, whilst remaining capital light. The main construction capital will come from investors at the project level.
Our business provides a critical technology that is the bridge connecting low cost biomass and waste feedstocks to markets for renewable fuels. Velocys' world-class capabilities, people and experience deliver a proven route to operation.
The ticker symbol for Velocys is "VLS.L".