LANZAJET WINS REUTERS GLOBAL ENERGY TRANSITION AWARD FOR ACCELERATING DECARBONIZATION
Reuters Honors LanzaJet's Pioneering Alcohol-to-Jet Technology, a Breakthrough Sustainable Aviation Fuel Solution
CHICAGO, June 25, 2025 /PRNewswire/ -- LanzaJet, Inc., a leading next-gen fuels technology company and producer of sustainable fuels, today announced that it has been named the winner of the Accelerating Decarbonization award in the Technologies of Change category at the Reuters Global Energy Transition Awards 2025. The award was presented during the Global Energy Transition Summit in New York.
This prestigious honor recognizes LanzaJet's pioneering Alcohol-to-Jet (ATJ) Sustainable Aviation Fuel (SAF) technology, which converts low-carbon ethanol into drop-in, certified SAF. The technology is globally scalable and commercially viable, offering an immediate and tangible solution to decarbonize aviation, one of the most difficult sectors to abate.
"We're honored to receive this recognition from Reuters, which highlights the role innovation must play in solving the toughest climate challenges," said Jimmy Samartzis, Chief Executive Officer of LanzaJet. "Aviation needs real, scalable solutions today, not decades from now, and our ATJ technology was designed to meet that moment. This award reflects the extraordinary work of our team and partners around the world who are committed to accelerating SAF as a cornerstone of the global energy transition."
LanzaJet® ATJ technology plays a critical role in supporting the global aviation industry's goal to reach net-zero emissions by 2050. The technology has already been implemented at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia, the world's first commercial demonstration ethanol-to-SAF plant, and is being deployed globally with partners across the Americas, Europe, Asia, and Australia.
The Reuters Global Energy Transition Awards were created to recognize and celebrate those driving bold, scalable solutions that are accelerating the world's shift to a low-carbon energy system. The Accelerating Decarbonization award specifically honors technologies that demonstrate measurable impact on CO₂ emissions reduction and offer commercial scalability.
ABOUT LANZAJET
LanzaJet is a leading alternative fuels technology provider with patented ethanol-based alcohol-to-jet (ATJ) technology. LanzaJet is creating an opportunity for future generations by accelerating the production and deployment of Sustainable Aviation Fuel (SAF) and other alternative fuel technologies critical to transform the global economy. LanzaJet was recently named TIME100 Most Influential Companies for 2024 and a Rising Star Company of the Year by S&P Global. Further information is available at https://www.lanzajet .com/.
SOURCE LanzaJet, Inc.
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Market Growth Driven by Consumer Electronics Demand, Automotive Electronics Expansion, 5G Network Deployment, and IoT Device Proliferation REDDING, Calif., June 26, 2025 /PRNewswire/ -- According to a comprehensive market research report titled "Printed Circuit Board Assembly (PCBA) Market by Assembly Type (Surface Mount Technology, Through-Hole Technology, Mixed Technology), Component Type (Active, Passive, Electromagnetic), Application (Consumer Electronics, Automotive, Telecommunications, Medical Devices), End-User & Geography - Global Forecast to 2035", the Printed Circuit Board Assembly market is projected to reach $147.5 billion by 2035, up from an estimated $90.91 billion in 2025, growing at a steady CAGR of 4.7% during the forecast period. The robust growth of the PCBA market is driven by the unprecedented demand for consumer electronics and smart devices, rapid expansion of automotive electronics and electric vehicles, accelerating 5G network deployment, and growing adoption of IoT and connected devices across industries. The market's expansion is fueled by continuous miniaturization trends requiring advanced assembly technologies, rising demand for medical electronics and healthcare devices, and the integration of sophisticated electronic systems in industrial automation applications. The industry is experiencing significant transformation through automated assembly processes, sustainable manufacturing practices, and development of high-density interconnect solutions. Leading companies are embracing Industry 4.0 technologies while expanding into emerging applications including electric vehicle electronics, wearable devices, and AI/machine learning hardware platforms worldwide. For more comprehensive insights, download the FREE report sample: Revolutionary Market Transformation Through Advanced Assembly Technologies The printed circuit board assembly market represents a critical foundation of the global electronics ecosystem, enabling the functionality of virtually every electronic device from smartphones to automotive systems. As industries increasingly demand higher performance, greater miniaturization, and enhanced reliability, PCBA solutions offer sophisticated manufacturing capabilities that address the complex requirements of modern electronic designs. Market leaders are investing heavily in automated assembly equipment and precision manufacturing technologies, establishing production capabilities that can deliver high-density interconnect assemblies with superior quality and cost-effectiveness. This technological advancement is making advanced PCBA solutions increasingly accessible across diverse industry verticals while delivering enhanced performance and reliability benefits. Dynamic Growth Across Key Market Segments Based on assembly type, the Surface Mount Technology (SMT) segment dominates the market in 2025, capturing approximately 75% of the total PCBA market due to its superior component density, automated assembly compatibility, and cost-effectiveness for high-volume production. However, the Mixed Technology segment is experiencing the fastest growth, driven by increasing complexity of electronic designs requiring both SMT and through-hole components. Based on application, the Consumer Electronics segment leads with over 40% market share in 2025, reflecting the massive global consumer electronics market and continuous product innovation cycles. The Automotive segment is projected to record the highest CAGR of 7.2% during the forecast period, driven by rapid adoption of electric vehicles and increasing electronic content per vehicle. Based on end user, the Electronics Manufacturing Services (EMS) segment accounts for over 50% of the market in 2025, attributed to the outsourcing trend among electronics companies and specialized assembly capabilities of contract manufacturers. Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) - Strategic Market Opportunities and Innovation Drivers The market presents extraordinary growth opportunities through electric vehicle electronics expansion, industrial automation and Industry 4.0 applications, growing demand for wearable and flexible electronics, development of advanced packaging technologies, and rising adoption of AI and machine learning hardware. Companies are discovering new revenue streams through specialized assembly services and sustainable manufacturing practices while establishing comprehensive electronics manufacturing ecosystems. Key market drivers include: Consumer Electronics Revolution: Continuous evolution of smartphones, tablets, smart home devices, and wearable technology driving demand for sophisticated PCB assemblies Automotive Electronics Integration: Advanced driver assistance systems (ADAS), electric vehicle powertrains, and connected car features requiring high-reliability assembly solutions 5G Network Infrastructure: Accelerating deployment of 5G base stations, small cells, and network equipment requiring high-frequency, low-latency assembly solutions IoT Device Proliferation: Expanding Internet of Things applications across industrial, healthcare, and consumer sectors driving demand for compact, connected assemblies Medical Electronics Growth: Rising demand for healthcare devices, diagnostic equipment, and wearable medical devices requiring precision assembly capabilities Regional Market Leadership and Emerging Growth Asia-Pacific commands the largest market share in 2025, accounting for over 60% of the PCBA market, driven by established electronics manufacturing ecosystem, cost advantages, and presence of major contract manufacturers. The region is projected to grow at a strong CAGR of 5.1% during the forecast period, fueled by continued manufacturing capacity expansion and increasing domestic electronics demand. North America emerges as the second-largest market, propelled by strong demand for advanced electronics, presence of leading technology companies, growing automotive electronics sector, and increasing reshoring initiatives. The region's emphasis on high-technology applications contributes significantly to market growth. Europe represents a significant market driven by automotive electronics demand, industrial automation applications, stringent quality requirements, and growing focus on sustainable manufacturing practices. Request a customized research analysis tailored to your specific requirements: Dynamic Competitive Landscape Driving Innovation The global printed circuit board assembly market features a sophisticated competitive ecosystem comprising large contract manufacturers, specialized assembly service providers, and vertically integrated electronics companies. This diverse landscape fosters rapid technological advancement and comprehensive manufacturing capabilities. Industry leaders are implementing advanced manufacturing technologies, capacity expansion strategies, and automation initiatives while addressing quality, cost, and sustainability challenges across different geographic markets. Companies are pursuing strategic partnerships with OEMs and investing in Industry 4.0 implementation to strengthen their market positions. 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