KBR Launches Sustainable Aviation Fuel Technology in Alliance with Swedish Biofuels

KBR announced today that it has launched Sustainable Aviation Fuel (SAF) technology in alliance with Swedish Biofuels AB, a technology developer and pioneer in cutting-edge research on biofuels.

The alliance extends KBR's decarbonization and energy transition portfolio into the aviation sector with a differentiated SAF offering.  In addition to processing ethanol, this technology can also convert carbon dioxide and synthesis gas to SAF, thereby expanding opportunities for KBR's clients to utilize captured carbon toward a cleaner, greener future.  Validation of this advanced technology was performed in conjunction with the Defense Advanced Research Projects Agency (DARPA) at Wright-Patterson Air Force Base.

"We are thrilled to help the aviation sector in implementing solutions to advance their sustainability objectives," said Doug Kelly, KBR President, Technology. "Swedish Biofuels, the developer of the technology, has an unparalleled history of research and innovation in SAF and we are confident this technology will emerge as the leading SAF solution for our clients."

"Our technology for producing sustainable aviation fuels will be instrumental in lowering CO 2 emissions from the aviation sector and meeting net zero emission targets by 2030 and beyond. This technology is unique as it is ready-to-use real jet fuel as opposed to a blend component," said Dr Angelica Hull, Managing Director, Swedish Biofuels.

KBR is pioneering decarbonization initiatives through its low carbon technologies and constant process innovation to reduce emissions.

Swedish Biofuels delivers engineering solutions, process architecture and science for the production and conversion of alcohols to transport fuels and valuable chemicals from sustainable feedstocks. The company is the inventor of the original Alcohol to Jet technology (ATJ), patented in 2004 for the production of fully formulated sustainable aviation fuels from alcohols (SAF). The company has produced, sold and delivered fully formulated SAF for tests, certification and demonstration programs in the US, UK, Sweden and Germany.

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

The statements in this press release that are not historical statements, including statements about our expectations regarding our alliance with Swedish Biofuels AB and product offerings, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements.