Company
Velocys PLC
LON:VLS
Velocys is a sustainable fuels technology company. Over 18 years we have developed and demonstrated proprietary Fischer-Tropsch technology that enables the production of drop-in fuels from a variety of waste materials. We are currently developing projects in the US and the UK to produce fuels that reduce greenhouse gas emissions for aviation and road transport. Our revenue comes from licensing our technology, supply of reactors and catalysts, and technical and project services using our unique expertise. We also expect to receive equity returns from early projects in which we have invested.
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Small-cap Movers: City Pubs gets a round in
Catch up with this week’s big stories from the junior market
Velocys shares gain velocity on sustainable fuel update
Velocys' shares rose 10% after it said it was 'immediately ready' to support the rollout of sustainable aviation fuels
European EV makers warn of tax hit from Biden's climate change law
Shares in sustainable fuels technology company, Velocys, shot up 13% as it welcomed the proposed legislation.
Velocys wins engineering services contract and extends Altato deal with British Airways
The Oxford University spin-out said its customer pipeline is growing with increased demand for its technology to ramp up the commercial scale production of sustainable synthetic fuels
British Airways owner IAG buys aviation fuel made from biomass from Velocys' US plant
Southwest Airlines also agreed to purchase an expected 219mln gallons of fuel over fifteen year starting as early as 2026, when the biorefinery is scheduled to begin deliveries
Velocys technology powers first commercial flight to use sustainable aviation fuel derived from gasified wood-chips
The fuel was produced in a Velocys Fischer-Tropsch (FT) reactor from the hydrogen and carbon gases generated by the gasification of the wood-chips
Velocys says losses halved last year as results delayed
The sustainable aviation fuels developer said it expects to complete manufacturing and delivery of all four reactors for Red Rock Biofuels by the end of June
Alba Minerals slides as Bergen exercises option over 142.5mln shares
A look at some of the major movers in London on Tuesday
Archive
Small caps movers: ASOS shares purr as twentysomethings go wild for animal print clothes
A look back at some of the more interesting stories from the junior market this week...
Velocys shares plunge as partner suspends operations at US plant
Velocys said it was working with its partner - Eniva - to find a strategic alternative that will realise the maximum value potential inherent in the Oklahoma plant
UK Oil & Gas rallies after completing Portland reservoir test at Horse Hill
A look at some of the top risers and fallers in London on Monday