WSA Announces Strategic Investment in Universal Fuel Technologies
Leader in aircraft services invests into pioneering SAF technology
LONDON, UK, June 1, 2023/EINPresswire.com/ -- London, 1 June 2023 – WorldStar Aviation, a global lessor and leader in aviation services, is pleased to announce a strategic investment in Universal Fuel Technologies (UFT, Unifuel), a pioneering company at the forefront of renewable fuels and chemicals. This investment marks an important milestone in WorldStar Aviation's commitment to sustainable and environmentally friendly solutions for the aviation industry.
UFT has developed the innovative Flexiforming technology, which enables the conversion of various feedstocks into drop-in fuels and chemicals. The technology offers a versatile and scalable solution that can be tailored to meet the specific needs of the aviation sector. By leveraging renewable sources and advanced catalytic processes, UFT is driving the transition towards a greener and more sustainable aviation industry.
"WorldStar Aviation is excited to invest in Universal Fuel Technologies and support their groundbreaking work in making sustainable aviation fuel in a way that addresses the global need for more environmentally friendly alternatives," said Yoyo Allalouf, a Partner at World Star Aviation. "This strategic partnership aligns perfectly with our commitment to sustainability and positions us at the forefront of driving positive change in the aviation industry. We are confident that together, we will play a pivotal role in reducing the carbon footprint of aviation and creating a more sustainable future."
