$3B bet: Mubadala-backed firm works on jet fuel from tropical fruit
AI Summary
A Mubadala Capital-backed Brazil-based venture is developing jet fuel derived from tropical fruit, representing an innovative approach to powering commercial aircraft. This initiative signifies a major $3 billion investment in alternative aviation fuels.
Backed by Emirati Mubadala Capital, a Brazil-based venture is working on what could be one of the new and rare examples of fruits providing power for commercial aircraft. In Brazi...
Markets Deals Commodities Energy jet fuel tropical fruit aviation Mubadala Capital Brazil alternative energy investment