Microsoft (MSFT) has made a $50 million investment in LanzaJet, a sustainable fuels technology company. The investment by the Microsoft Innovation Fund will aid in the construction of the world’s first alcohol-to-jet fuel production plant. MSFT shares fell 4.23% to close at $304.80 on January 13. Microsoft is a technology company that offers an array of software services and solutions. It also deals in personal computers, tablets, and gaming consoles. Microsoft's earnings report for Fiscal Q2 2021 is scheduled for January 25, 2022. LanzaJet Investment The $50 million investment is part of Microsoft’s push to become carbon negative and advance a net-zero economy by 2030.
https://www.tipranks.com/news/microsoft-invests-50million-in-lanzajet-for-sustainable-jet-fuel-production?utm_source=advfn.com&utm_medium=referral