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Air Company secures a $65 million US defence contract to develop synthetic-fuel technology.

Oct 24, 2026

Contract Type

contract

New YorkEnergyRenewable Energy

Description

In February 2023, Air Company was awarded a contract worth up to $65 million by the US Department of Defense's Defense Innovation Unit. This contract aims to develop technology for synthetic-fuel production in contested environments, demonstrating the company's innovative approach to utilizing carbon dioxide.

Company Information

Company

Air Company

Location

New York, New York, United States

About

Air Company is a New York-based startup founded in 2017 by Gregory Constantine and Stafford Sheehan. The company focuses on turning carbon dioxide into useful products, including vodka and synthetic fuels. Their innovative approach aims to address environmental challenges by utilizing carbon dioxide as a feedstock.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.