Airbus Backs $30 Million Funding for SAF Developer Jet Zero
Jet Zero Australia raised $30 million in new financing to advance Project Ulysses, a commercial-scale sustainable aviation fuel and renewable diesel refinery in Townsville, Australia. The funding will support front-end engineering design and moves toward Final Investment Decision and construction. Airbus and Qantas backed the round. The project targets about 1,000 construction jobs and 100 permanent roles, while supporting broader biofuels industry growth.