[Vancouver, Canada, 2025 June 5]

SUSTAERO is pleased to announce it has been featured as the “Deal of the Month” in the June edition of the Foresight Investor Newsletter. This recognition follows a series of significant commercial and technical milestones, including the announcement of a $4M seed round and a landmark Memorandum of Understanding (MOU) for a 10-year offtake agreement.

The newsletter highlights SUSTAERO’s position as a first-mover in the Sustainable Aviation Fuel (SAF) market. By repurposing shuttered pulp and paper mills, SUSTAERO is creating Canada’s first billion-litre SAF capacity using proven, fully scaled wood-to-fuel technology.

"Being recognized by Foresight as the Deal of the Month validates the strength of our business model and the high-security nature of our domestic supply chain," says Keith Gillard, CEO of SUSTAERO. "Foresight is at the forefront of Canada’s green industrial revolution, and their support underscores the technical and economic viability of the SUSTAERO platform."

The Foresight feature emphasizes SUSTAERO’s industry-leading 97% carbon conversion rate and the strategic advantage of its brownfield approach. By utilizing existing industrial sites, SUSTAERO secures critical infrastructure—including biomass access, electricity, and water—while significantly reducing the timeline to operational status. The company remains on track for early revenue in late 2025, with full SAF sales launching in 2026.

About Foresight Canada:

Foresight is Canada’s largest cleantech accelerator, dedicated to fueling the transition to a net-zero economy. Through its extensive network of investors, industry partners, and government stakeholders, Foresight identifies and supports the most promising ventures solving global climate challenges. Their Investor Newsletter is a primary resource for institutional and private capital seeking high-impact, de-risked opportunities in the Canadian sustainability sector.

About SUSTAERO:

SUSTAERO is building Canada’s first billion-litre wood waste to Sustainable Aviation Fuel capacity, driven by Fortune 100 leadership and a proprietary process, integrating the world’s only TRL-9 wood gasification technology. SUSTAERO’s SAF has the highest security of supply due to simple, sustainable, uninterruptible supply chains. Contact PR@SUSTAERO.ca.

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