Business Wire

Prometheus Fuels Hits Major Commercial Milestone

10.7.2025 15:00:00 CEST | Business Wire | Press release

Share

First company in the world to produce 100% carbon-neutral e-Fuel from air and off-grid renewable power

Prometheus Fuels (Prometheus), the company making low-cost carbon-neutral fuels from direct air capture and renewable electricity, today announced it has reached commercial readiness for its proprietary e-Fuel production system. The company’s Titan Forge Alpha prototype has successfully integrated a full-scale 50-cell Faraday Reactor validating its core technology at TRL 9, the highest benchmark for real-world deployment and system maturity.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250710099048/en/

Prometheus Fuels' Titan Forge Alpha prototype has successfully integrated a full-scale 50-cell Faraday Reactor validating its core technology at TRL 9, the highest benchmark for real-world deployment and system maturity. With this milestone, Prometheus becomes the only company capable of producing low-cost carbon-neutral e-Fuel using direct air capture (DAC) and intermittent renewable energy, fully off-grid.

With this milestone, Prometheus becomes the only company capable of producing low-cost carbon-neutral e-Fuel using direct air capture (DAC) and intermittent renewable energy, fully off-grid. The company also stands apart from other e-fuel producers in not needing subsidies or hydrogen. Its Titan Forge Alpha plant, the world’s first operational DAC synthetic fuel facility, is already generating e-methanol from air and solar power.

Next up: Titan Fuel Forge One, the company’s first commercial-scale fuel production system. It will use the same proven stack architecture and kick off a new era of production for Prometheus. To date, the company has pre-sold more than 11 million tons of e-Fuel to be delivered over the next decade, reflecting strong demand from global energy buyers and deep market confidence in the company’s technology.

The Faraday Reactor, a hydrocarbon electrolyzer that converts CO2 from an integrated DAC tower directly to fuel, is core to Prometheus’ system. Designed to operate on variable power inputs, the system thrives in remote, off-grid environments where wind and solar energy are abundant, unlocking low-cost, distributed fuel production at a global scale.

“This milestone marks a turning point, not just for Prometheus, but for the future of energy,” said Rob McGinnis, founder and CEO of Prometheus. “We’ve invented and built an integrated DAC and fuel synthesis system that captures carbon from the air, runs on renewable energy, and produces e-Fuels that cost less than fossil at scale. It’s the kind of innovation that doesn’t just move the needle, it resets the standard. After years of development and validation, we’re now ready to scale and meet the world’s growing demand for energy.”

As AI workloads surge and data centers multiply, demand is rising for reliable, around-the-clock clean power. Solar is now the cheapest form of energy in the world, but its full potential has been limited by challenges in capture, transport, and storage. Batteries and grid infrastructure can’t fully solve the problem — especially in remote, fast-growing, or under-connected regions.

Prometheus’ patented technology turns cheap, abundant solar power into carbon-neutral fuel that works as firm, dispatchable baseload energy. It can be stored indefinitely, delivered anywhere without new transmission lines, and used to stabilize grids, power AI and data centers, and fuel global demand for steady, low-cost clean energy.

“We knew we had to be able to beat fossil fuels on cost from the beginning and that’s what we’ve achieved,” McGinnis added. “We don’t need subsidies, we don’t need hydrogen, we don’t need biogenic point-source CO2, and we don’t need the grid. We can turn the lowest cost energy in the world from solar in the best locations into liquid fuels that can meet the fast-growing need for new power. We’re ready to scale to meet real demand.”

The company’s core technology is patent-protected and has undergone third-party technical validation in preparation for full-scale commercial deployment. To see a demo of Prometheus fuel powering the company’s 1968 Mustang Fastback, the “Promethean Stang,” visit: https://bit.ly/Promethean-Stang-Reveal. To learn more about Prometheus visit: https://prometheusfuels.com/.

About Prometheus Fuels

Prometheus is the global leader in carbon-neutral fuels made from direct air capture and renewable electricity to power AI data centers, factories, ships, vehicles, and aircraft. The company’s patented technology produces fuel at fossil fuel prices without subsidies, transforming energy production. Designed to run off-grid, Prometheus offers a scalable source of new power, transforming intermittent renewable energy into firm dispatchable 24/7 power, anywhere it is needed. Backed by top-tier investors including Maersk, BMW, Y Combinator, Paul Graham, Jaan Tallinn, John and Patrick Collison, Garrett Camp, and Tom Preston-Werner, Prometheus is redefining the future of energy. Learn more at prometheusfuels.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250710099048/en/

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

NTT DATA Announces Intent to Acquire WinWire to Scale Enterprise AI Adoption and Accelerate Industry Transformation with Microsoft15.5.2026 16:00:00 CEST | Press release

Accelerates AI‑driven transformation through expanded agentic AI and data engineering capabilities that underpin NTT DATA’s AI strategy Adds 1,000 Azure engineers and AI specialists to scale cloud and AI delivery capabilities Advances NTT DATA’s North America leadership position, scaling industry aligned AI led innovation across its cloud services and Microsoft Business Unit Builds on NTT DATA’s position as the fastest-growing Microsoft GSI partner, accelerating co-innovation in enterprise AI NTT DATA, a global leader in AI, digital business and IT services, today announced it has signed a definitive agreement to acquire WinWire,an award-winning Microsoft partner specializing in Agentic AI, AI on Azure, data engineering and cloud-native development as foundational capabilities for enterprise AI. The acquisition strengthens NTT DATA’s position as a trusted partner to help organizations move beyond experimentation to operationalize AI at scale. The acquisition further advances NTT DATA’s

Experian Expands Agent Trust Partner Ecosystem with Akamai to Advance Trusted AI Driven Commerce15.5.2026 15:00:00 CEST | Press release

Collaboration strengthens secure, scalable agentic commerce and supports emerging Know Your Agent standards Experian today announced that Akamai Technologies has joined its growing partner ecosystem, designed to further advance secure, trusted AI driven commerce through the Experian Agent Trust™ framework, alongside partner Skyfire supporting emerging payment innovation. As AI agents begin to search, decide, and transact autonomously, they introduce a fundamental challenge for businesses: how to trust an action when it is no longer directly initiated by a human. Without a verified connection between humans and AI agents, autonomous commerce introduces new risks in fraud, misrepresentation, and unauthorized transactions. Experian Agent Trust is designed to address this challenge by establishing identity, accountability, and trust in agent driven interactions. “Trust, security, and performance must scale alongside the growing role of AI agents in digital commerce,” said Kathleen Peters,

The LYCRA Company and Dukane Advance Ultrasonic Bonding for Nonwovens at INDEX™ 2615.5.2026 14:00:00 CEST | Press release

LYCRA FUSION™ Fiber for Personal Care Applications Debuts The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the personal care industry, and Dukane, a manufacturer of ultrasonic bonding technologies for the hygiene and nonwovens market, are showcasing their latest co-developed advances in ultrasonic bonding at INDEX™ 26, taking place in Geneva, Switzerland, from May 19–22. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515514441/en/ Join The LYCRA Company and Dukane at INDEX™ 26 in Geneva, as they showcase their latest advances in ultrasonic bonding for nonwovens, including new LYCRA FUSION™ fiber for personal care that delivers superior snapback. Since 2014, both companies have collaborated to advance ultrasonic bonding solutions that help diaper manufacturers improve product softness, fit, and performance while reducing energy consumption, material waste, and maintenance costs. Ultrason

Vecima to Highlight Next-Generation 50G-PON, DOCSIS® 4.0 vCMTS, AI & Automation, and Monetizable Streaming at ANGA COM 202615.5.2026 13:45:00 CEST | Press release

Vecima Networks Inc. (TSX: VCM) will highlight its leadership in next-generation broadband at ANGA COM 2026, showcasing AI-powered network operations, cloud-native DOCSIS® 4.0 access, and scalable fiber solutions. Anchored by the Entra® vCMTS platform, Automation, and All-PON™ innovations, Vecima is enabling operators to automate operations, improve reliability, and accelerate the evolution to converged cable and fiber networks. Delivering on Next-Generation PON With Entra All-PON™, Vecima is enabling future-ready fiber networks with a straightforward migration path from today’s 10G technologies to 50G-PON, ensuring long-term scalability and investment protection. The new Entra EPS1650 All-PON Shelf supports 50G-PON, XGS-PON, 10G-EPON, GPON, and EPON services. As a follow-on to Vecima's industry-first demonstration of a single port supporting 50G ITU PON and 10G-EPON in a Remote OLT, the EPS1650 brings that same single-port investment-protection path to GPON and XGS-PON operators in a

REPLY: The Board of Directors Approves the Quarterly Report Dated 31 March 202615.5.2026 13:38:00 CEST | Press release

All economic and financial indicators grew:Consolidated revenues of €645.0 million (€607.5 million in 2025);EBITDA of €112.0 million (€105.3 million in 2025);EBIT of €95.1 million (€88.7 million in 2025);Profit before tax amounts to €99.8 million (€86.9 million in 2025). Today, the Board of Directors of Reply S.p.A. [EXM, STAR: REY] approved the results as at 31 March 2026. Since the beginning of the year, the Group has recorded a consolidated revenues amounting to €645.0 million, an increase of 6.2% compared to the corresponding data for 2025. All indicators are positive for the period. In the first quarter of 2026 the consolidated EBITDA stood at €112.0 million compared to €105.3 million in 2025, equal to 17.4% of the turnover. EBIT, from January to March, was €95.1 million (€88.7 million in 2025) and is equal to 14.7% of the turnover. The profit before tax, from January to March, was €99.8 million (€86.9 million in 2025), equal to 15.5% of the turnover. The net financial position of

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye