Nearly $6.5 Million Will Fund The Next Stage Of The Program
Funding totalling £4.9 million (approx $6.5 million) has been secured by renewable fuels company Velocys for the next development phase of the waste-to-sustainable jet fuel project that the company is developing in the UK. As part of the funding package a grant of £434,000 (approx. $575,000) has been secured from the Department for Transport (DfT) under the Future Fuels for Flight and Freight Competition (F4C).