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Startup

Prometheus

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Headquarters

United States

Founded Year

2019

Total Funding

$150K

Employees

51 - 200

Status

Terminated


About Prometheus

We remove CO2 from the air and turn it into gasoline and jet fuel.

Headquarters

United States


General Information on Prometheus

Brand name Prometheus
Company name Prometheus Fuels
Website https://www.prometheusfuels.com/
Founded year 2019
Employees 51 - 200
Contact [email protected]

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Recent News and Activity about Prometheus

50 Sky Shades 09.01.2022
AIR RACE World Championship goes with zero net carbon aviation fuel by Prometheus Fuels

Pursuant to the terms, AIR RACE will use Prometheus zero net carbon aviation fuel to accelerate its goal to become a net zero emissions company by 2025. Prometheus Fuels uses its Titan Fuel Forge to create ‘fuel from air’ by reclaiming atmospheric carbon through its proprietary reverse combustion RAECR™ process. The process strips carbon dioxide (CO2) molecules from the air and energizes them into hydrocarbons that are subsequently made into ...

Prometheus news
Charlotte Observer 07.01.2022
Touchpoint Group Holdings Announces AIR RACE Subsidiary Signs Term Sheet With Prometheus Fuels | Charlotte Observer

MIAMI, Jan. 07, 2022-- Touchpoint Group Holdings, Inc., a media and digital technology holding company, today announced that in a first for the global aviation industry, its AIR RACE subsidiary has agreed to terms with Prometheus Fuels to supply the championship series with zero net carbon aviation fuel.

Fort Worth Star Telegram 07.01.2022
Touchpoint Group Holdings Announces AIR RACE Subsidiary Signs Term Sheet With Prometheus Fuels

MIAMI, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, today announced that in a first for the global aviation … Click to Continue »

AVweb 05.10.2021
Prometheus Fuels to Supply Transcend Air with Zero Net Carbon Fuel for ART Service

“We are extremely excited about partnering with Prometheus because it will provide us with zero net carbon operations, at an excellent price, opening an entirely new path to a sustainable future for aviation,” said Gregory Bruell, Co-Founder and CEO of Transcend Air.Rob McGinnis, CEO of Prometheus, said, “VTOL aircraft have the potential to radically redefine urban transport. We look forward to supplying Transcend Air with our zero net carbon ...

FOX 40 WICZ TV (NY) 04.10.2021
Sustainability Without Compromise – Prometheus Fuels to Supply Transcend Air with Zero Net Carbon Fuel for ART Service

ABOUT TRANSCEND AIR CORPORATION Transcend Air was founded to unlock the heart of the city with its Vy ART regional VTOL air service that will free business travelers from congestion on the ground and in the air. Transcend has developed the Vy 400 as the best solution for city-center to city-center mobility, with door-to-door prices lower than current air travel options, and door-to-door times that are 67% to 80% less. With the award-winning Vy ...

Prometheus news
SteelGuru 30.09.2021
Maersk Invests in Startup Company Prometheus Fuels

The minority investment in Prometheus Fuels will support AP Moller Maersk’s work to execute on the strategy to decarbonise marine

Prometheus news
Port Technology International 27.09.2021
Maersk invests in Prometheus Fuels to utilise electrofuels in shipping

With eFuels being produced from renewable energy, water and ambient CO2 from direct air capture, the investment is set to support Maersk’s work in decarbonising marine operations.“Prometheus Fuels is developing a very exciting and innovative technology to produce carbon based electrofuels from direct air capture of CO2,” reveals Morten Bo Christiansen, Head of Decarbonisation at A.P. Moller- Maersk.“Electrofuels are expected to play a key role ...

Prometheus news
Manifoldtimes 24.09.2021
Maersk invests in Prometheus Fuels to explore electrofuels technology for shipping

Maersk expects several bunker fuels to exist alongside in the future marine fuel mix and has identified four potential fuel pathways to decarbonisation; biodiesel, alcohols, lignin-enhanced alcohols and ammonia, it says. The investment supports Maersk's efforts with electrofuels which include alcohols produced from renewable energy. Along with biodiesel, alcohols including green methanol are feasible fuel technologies already today. “Prometheus ...

Prometheus news