Funding accelerates Project Beacon
Aether Fuels closed a fifteen million dollar convertible note to fast track engineering work on Project Beacon, its first commercial sustainable aviation fuel facility planned for Singapore. The plant will process industrial waste gas and biomethane into approximately two thousand tonnes of CORSIA certified fuel each year, using the company proprietary Aurora technology.
How Aurora works
Aurora produces synthesis gas from diverse carbon rich streams then applies Fischer Tropsch chemistry and proprietary upgrading steps to yield aviation grade molecules. Unlike many platforms that depend on a single feedstock, Aurora can flip between captured carbon dioxide, biogas or municipal waste derived gas without major hardware changes. This flexibility means the plant can maintain high utilisation even as individual waste sources fluctuate.
Strategic significance
Locating the facility in Singapore places it near both abundant industrial gas supplies and busy regional airports, reducing logistic costs for feedstock and finished fuel alike. Furthermore, Singapore aviation hub status could allow airlines early access to SAF for flights connecting the Asia Pacific region to Europe where fuel mandates are growing.
A non-obvious insight
At fifty barrels per day, the project may appear modest; however, it offers an important proof of economics for variable feedstock operations. If the plant meets its seventy percent emissions reduction target, regulators might credit additional carbon savings related to avoided waste flaring, effectively improving revenue per barrel without changing hardware.
Leadership and partnerships
New investors such as Aster Ventures and EDBI joined existing backers including AP Ventures and Chevron Technology Ventures, bringing total funding above sixty million dollars. Recent executive appointments ensure global project management expertise and strong research capacity when a dedicated Singapore laboratory opens in 2026.
Conclusion
With fresh capital and versatile technology, Aether Fuels is positioned to deliver reliable SAF supply to a key aviation crossroads while demonstrating a pathway for circular carbon solutions worldwide.