SINGAPORE – 22^nd September 2026 – FlyORO Technologies Pte. Ltd. (“FlyORO”), a Singapore-based SAF blending technology company, has joined the ICAO Finvest Hub as a partner following the signing of a Letter of Intent with the International Civil Aviation Organisation (ICAO). The Letter of Intent, covering cooperation on the development and implementation of the Finvest Hub initiative, was signed by Juan Carlos Salazar, Secretary General of ICAO, and Jonathan Yeo, Chief Executive Officer of FlyORO.

Established by ICAO in February 2025, the Finvest Hub connects projects contributing to the decarbonisation of international aviation with the financial institutions, development banks and private investors able to fund them. It operates as a facilitator and matchmaker, and does not directly fund projects. Its activity spans five pillars: a pipeline of aviation decarbonisation projects seeking finance; the development of financial instruments and risk mitigation tools; public-private partnerships; technical assistance and capacity building for developing States; and outreach and advocacy on aviation’s financing needs. The first investment hub established under it, Finvest@ETAF, was set up with the International Renewable Energy Agency (IRENA).

Most SAF investment cases are assessed on production fundamentals. Yet how fuel physically reaches an offtaker – where it is blended, what infrastructure sits between the production site and the aircraft, and how delivered volumes are evidenced for regulatory and reporting purposes – bears directly on whether planned volumes can be delivered to market. Those questions are increasingly part of how lenders and investors assess a project. Widening the Hub’s partner base to include participants from across the value chain, rather than production alone, is intended to make that assessment more complete.

FlyORO joins the partner network from that supply chain position. The company launched AlphaLite as the world’s first modular SAF blending system and now operates at Technology Readiness Level 9 (TRL 9) following commercial deployment in Australia. AlphaLite is a 40-foot modular blending unit, powered by FlyORO’s proprietary, patented technology, designed to integrate with existing fuel infrastructure upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments. Under the Letter of Intent, FlyORO will contribute this operating experience to the Hub’s work on project readiness, in particular for States and project developers assessing how planned SAF volumes will physically reach the market.

Scope of the Letter of Intent

Under the Letter of Intent, ICAO and FlyORO record their shared intention to:

• Collaborate on the establishment of a central platform that catalogues and showcases projects contributing to the decarbonisation of international aviation, enabling potential investors and financial institutions to assess and identify investment opportunities that align with their objectives;
• Foster public-private partnerships to promote knowledge sharing, policy making, resource pooling and joint investment in aviation decarbonisation projects;
• Encourage technical assistance and capacity building to support developing countries and States with limited expertise in accessing financing for decarbonisation projects; and
• Support outreach and advocacy to raise awareness of the importance of sustainable aviation and the need for financing for aviation decarbonisation.

Within that framework, FlyORO’s contribution is focused on the SAF supply chain: blending, storage interface, delivery into airport fuel systems, and the traceability of delivered volumes. FlyORO is not a financing party, and the Finvest Hub does not itself fund projects.

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For more information, visit www.flyoro.co

About the International Civil Aviation Organization

The International Civil Aviation Organization (ICAO) is the United Nations specialized agency that enables safe, secure and sustainable air transport for all. ICAO brings together 193 Member States to develop and adopt the Standards and Recommended Practices that serve as the global framework for international civil aviation. Through technical guidance and implementation support, ICAO leads progress towards global connectivity, with zero fatalities and net-zero carbon emissions.

www.icao.int

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The constraint sits outside larger hubs, where regional airports and secondary fuel terminals outside the pipeline network have limited access to SAF due to the high geography premium to transport pre-blended volumes from a distant hub. That premium is often what decides whether SAF can be economically uplifted at those airports.

As such, decentralised blending addresses the wider market. Moving the blend point out to a terminal or an airport fuel farm means a market no longer needs a centralised hub within economic distance to access SAF. It needs a site that can blend safely. This is an extension of the existing network where modular systems like the AlphaLite can be integrated at both centralised and decentralised hubs, supporting blending at scale alongside established infrastructure.

Site Readiness for Blending Infrastructure Enables Market Access

Whether a market gets that access starts with what the site already has.

Blending needs three things: tanks, segregated blendstock access into those tanks, and storage capacity for the volumes involved.

What that looks like varies by the characteristics of the site.

A production site near a synthetic blend component (SBC) source or refinery typically has the most, with integrated storage and blendstock infrastructure already built for fuel handling at scale. A terminal, further along the distribution chain, usually has the storage but may need feedline or tie-in modifications to handle blending operations. An airport fuel farm near the point of uplift is generally the tightest of the three in both space and infrastructure, although it delivers the best end-to-end traceability of the molecules.

A site either meets the specification of a fixed blending plant, or it doesn’t, and most sites don’t.

Modular blending changes what the question is asking because capacity is added in units rather than built as a single fixed plant, with throughput matching demand.

Segregation is Non-Negotiable

Opening blending up to more sites only works if fuel safety is ensured at every one of them. That trust rests on one principle: positive segregation.

Jet A-1 and SBC are kept in independently fed lines until they’re combined in a controlled batch, so neither product can enter the wrong tank or feed at any point.

EI 1533 sets out the quality assurance requirements for SBC handling and semi-synthetic jet fuel manufacture, and EI/JIG 1530 governs the wider chain into airport storage. FlyORO engineers to those requirements across all AlphaLite sites, be it at terminals, refineries or airports. In practice, every deployment follows the same segregation principle, while the tie-in points, storage, and feed lines are adapted to each site’s layout. Furthermore, before any blending occurs, lines are also cleared to remove residual product and contaminants ahead of Jet A-1 or SBC entering them, preserving the integrity of the segregated system.

What Doesn’t Change, No Matter Where Blending Happens

This same logic carries through to certification, which is what ultimately allows a market to accept and uplift locally blended SAF. Once a site is ready and segregation is engineered into it, the blend point becomes the point of batch origination. Every batch is sampled and tested against the full ASTM D7566 Table 1 suite, and a new Certificate of Quality (CoQ) is issued for that batch on the results of the laboratory Certificate of Analysis (CoA). A batch certified and released to Table 1 is then regarded as ASTM D1655 material, with Def Stan 91-091 Annex B.2.1 requiring the same blend to satisfy Def Stan Table 1 as well, with the more stringent limit applying where the two differ. From that point, the batch is handled exactly like any other certified jet fuel, including under the Aviation Fuel Quality Requirements for Jointly Operated Systems (AFQRJOS) checklist used at jointly operated multi-supplier airports.

Overall, decentralised blending does not change the fundamentals of blending, but it changes the locations where these fundamentals are applied. Once a specific site is engineered for segregation and every batch clears certification, blending can occur anywhere that makes the most sense both logistically and economically.

The industry doesn’t need fewer centralised hubs. It needs the network to extend beyond those hubs to ensure adequate market access.

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For all commercial, marketing and investment enquiries, please contact us at hello@flyoro.co

A supply chain built around a handful of chokepoints can be easily disrupted at any time.

SAF Needs Two Kinds of Diversification

While conventional jet fuel benefits from decades of mature global infrastructure, the sustainable aviation fuel (SAF) ecosystem is still taking shape at scale. That gives the aviation industry a rare chance to design resilience into the system while it is still forming, rather than retrofit it later. That chance narrows every year as producers, feedstocks, and supply routes consolidate around a small number of dominant players.

Diversification for SAF has to work on two levels at once. The first is supply source: more producers, across more regions, so no single geopolitical event or logistics disruption can expose the system in the way the Hormuz crisis exposed conventional fuel. The second, less discussed, is the blendstock pathway. Used cooking oil and other HEFA feedstocks have carried most of SAF production to date ^[4], but leaning on one feedstock category creates the same fragility at a different layer. When that feedstock market tightens or its price moves, the entire cost base of SAF moves with it. Alcohol-to-jet, Fischer-Tropsch, and power-to-liquid pathways can help spread that exposure by widening the range of inputs, production models, and geographies available to the SAF market.

Diversification Is Both a Pricing & Resilience Strategy

Today, the common instinct is to treat diversification purely as risk management. However, it is also a cost argument.

Every point of concentration in a supply chain carries a risk premium, and that premium shows up in the price of the fuel, whether the market prices it explicitly or not.

A SAF supply chain drawing from multiple feedstocks, blendstocks and sourcing regions is better positioned to stay commercially competitive against conventional jet fuel, even as one input or one route hits turbulence.

That is also where deployment infrastructure has to keep pace.

A supply chain that can diversify its inputs only matters if the blending and distribution layer can absorb that diversity.

This is the layer we spend most of our time thinking about at FlyORO. AlphaLite was built to adjust blend ratios as supply conditions shift, rather than being fixed to a single input, because infrastructure that can only take one kind of SAF, from one kind of source, defeats the purpose of feedstock diversification further up the chain.

De-risk Your Supply Chain Before It Is Tested

Hormuz was a pressure test on the conventional jet fuel supply chain, and the result was six weeks of runway and a scramble across an entire continent. SAF will be tested too, eventually, and the choices being made about supply and feedstock diversity today will determine how that goes. The key is to build a system that does not have a single point of failure baked into it, before something forces the industry to find out the hard way.

References

[1] https://www.iata.org/en/iata-repository/publications/economic-reports/middle-east-conflict-exposes-jet-fuel-supply-vulnerabilities/

[2] https://www.bbc.com/news/articles/czjw2kz0l22o

[3] https://www.bbc.com/news/articles/c86d9v28qxxo

[4] https://www.iata.org/en/programs/sustainability/sustainable-aviation-fuel-saf/

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For all commercial, marketing and investment enquiries, please contact us at hello@flyoro.co

LONDON – 30^th June 2026 – FlyORO Technologies Pte. Ltd. (“FlyORO”), a Singapore-based SAF blending technology company, and Menzies Aviation, the leading service partner to the world’s airports and airlines, today announced the signing of a Memorandum of Understanding (“MoU”) to explore solutions aiming to enhance SAF distribution through Menzies’ expertise in aviation fuels management.

Under the MoU, FlyORO will assess deployment opportunities for FlyORO’s AlphaLite blending platform adjacent to airport fuel infrastructure with the support of Menzies’ technical experience and background in fuel farm management and into-plane fuelling. The collaboration is designed to deploy and enable blending capacity in compliance with the highest aviation fuel standard, with the goal to make SAF available where and when it is needed, through FlyORO flexible and capital-light technology.

The partnership arrives at a critical moment for the aviation industry. The International Air Transport Association (IATA) has identified infrastructure readiness as a central enabler of SAF scale-up, with its Energy and New Fuels Infrastructure Net Zero Roadmap highlighting the need for expanded SAF blending and distribution capacity. Today, most airports lack supply chain infrastructure options to blend, store and deliver SAF, particularly novel pathways such as eSAF – creating an access-flexibility gap between where SAF is produced and where it can actually be used – this is relevant as mandates such as ReFuelEU Aviation and the UK SAF Mandate are accelerating industry demand.

FlyORO and Menzies are combining complementary strengths to make SAF a real option at airports across Europe. FlyORO brings its AlphaLite modular blending technology, already operating at Technology Readiness Level 9 (TRL 9) following its commercial deployment in Australia, alongside end-to-end expertise in SAF supply chain design, quality assurance and traceability. Menzies Aviation contributes recognised expertise in safety and aviation fuel handling.

Both parties see the partnership as a foundation for potential long-term cooperation, supporting customer demand for more accessible, compliant, traceable and cost-efficient SAF delivery.

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For more information, visit www.flyoro.co

About Menzies Aviation

Menzies Aviation is the leading service partner to the world’s airports and airlines, with operations on six continents, at more than 347 airports in 65 countries, serving more than 5.3 million flights a year and handling over 2.4 million tonnes of cargo.

Supported by a team of over 65,000 highly trained people, the company provides complex and time-critical ground services, including passenger, lounge and ramp services; air cargo services, including handling, warehousing and wholesale freight forwarding; and fuel services, including fuel farm management and into-plane fuelling.

Menzies Aviation is recognised across the industry for delivering the safest, most secure and sustainable services tailored to customers’ needs and is essential to keeping passengers, aircraft and cargo moving, round the clock, every minute of every day.

Menzies Aviation is headquartered in London, and since its founding in 1833, has become the largest aviation services group in the world by number of countries, airports and aircraft turns.

www.menziesaviation.com

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In reality, Book and Claim’s participation in SAF markets depends entirely on physical SAF being produced, blended, and delivered.

Without physical fuel entering the supply chain, there are no attributes to allocate.

Book and Claim is an Accounting Mechanism

Fundamentally, Book and Claim is an accounting and attribute allocation mechanism. It allows SAF environmental attributes to be separated from the physical fuel and transferred to a different user. This system plays an important role in enabling:

• Corporate climate participation in aviation decarbonisation
• SAF procurement by airlines operating at airports without SAF access
• Early demand signals for SAF producers

However, every Book and Claim certificate must be backed by SAF that has been produced and physically blended into the fuel system at the point of no return.

SAF Mandates Require Physical Fuel Supply

Another important factor shaping SAF adoption is the emergence of mandates. Across multiple regions, governments are transitioning SAF from a voluntary initiative into a mandatory requirement. These mandates, like the Refuel EU and UK SAF mandate, typically require fuel suppliers to demonstrate that SAF has been physically supplied into aviation fuel systems through verified supply reporting.

In compliance markets, SAF certificates do not satisfy regulatory requirements.

Fuel suppliers must ensure actual SAF supply into the fuel ecosystem and non-compliance can result in penalties. This is where the ability to integrate SAF quickly into airport fuel systems becomes critical.

Many supply chains today still face practical constraints around blending infrastructure and fuel logistics, which slows SAF deployment even when supply and policy signals are present.

Technologies such as FlyORO’s modular AlphaLite^TM blending units that can be deployed anywhere, including directly at or near airports, are designed to address this operational gap by enabling SAF to be blended onsite without requiring large-scale infrastructure upgrades. This ensures actual fuel integration on the ground.

As more jurisdictions introduce SAF mandates, the availability of physical fuel supply becomes increasingly critical.

This means that while Book and Claim expand access, physical SAF integration remains essential for regulatory compliance.

SAF Economics Still Depend on Physical Supply

Furthermore, even within Book and Claim markets, the economics of SAF are ultimately determined by how much physical fuel is available. When SAF production and blending capacity remain limited:

• SAF premiums remain high
• Book and Claim certificates become expensive
• Market participation becomes restricted

However, as more SAF is produced and blended into airport fuel farms, supply increases and SAF premiums begin to stabilise as economies of scale are achieved. As a result, Book and Claim credits become more affordable.

By increasing physical blending capacity within the supply chain, this process can be accelerated.

Modular systems like the AlphaLite allows SAF to be integrated easily and this provides a faster pathway to increasing SAF supply, thus lowering the barrier to SAF adoption across the entire ecosystem.

Aviation Energy Security and SAF Supply Diversification

Lastly, recent geopolitical tensions in the Middle East, including disruptions around the Strait of Hormuz, have once again highlighted the fragility of global jet fuel supply chains. One-fifth of the world’s oil supply, equating to approximately 20 million barrels of petroleum and crude oil, flows through this narrow shipping corridor. When disruptions occur, the impact can ripple across global energy markets, affecting fuel prices, supply stability, and operational planning for industries such as aviation.

While SAF is often discussed primarily through the lens of decarbonisation, it also offers an important opportunity to improve aviation fuel supply resilience.

Unlike conventional jet fuel, which is heavily tied to crude oil supply routes and refining hubs, SAF production pathways can be geographically distributed.

Feedstocks, refining technologies, and blending infrastructure can be developed across multiple regions, enabling aviation fuel supply to become less dependent on global chokepoints.

The Future of SAF Requires Both Market Mechanisms and Physical Infrastructure

In short, Book and Claim mechanisms will continue to play an important role in expanding SAF participation and mandates will continue to create stronger demand signals. However, every SAF certificate still traces back to physical fuel moving through the aviation infrastructure. As aviation works toward both decarbonisation and energy resilience, the industry’s challenge is ensuring that the fuel can be physically integrated into airport operations at the pace required. Ultimately, scaling SAF adoption will depend not only on policy frameworks and market mechanisms, but also on the infrastructure that allows fuel to move through the system.

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For all commercial, marketing and investment enquiries, please contact us at hello@flyoro.co

SINGAPORE, 12^th May 2026 — FlyORO Technologies Pte. Ltd. (“FlyORO”), a Singapore-based SAF blending and supply-chain technology company, and Aether Fuels (“Aether”), a sustainable fuels company with headquarters in Singapore and Chicago, today announced the signing of a non-binding Memorandum of Understanding (“MOU”) to jointly explore the potential development of SAF supply-chain, blending and associated activities in support of Aether’s Project Beacon and future Aether Sustainable Aviation Fuel (SAF) projects.

Through the MOU, the parties will evaluate how a next-generation SAF production pathway can be paired with flexible blending, storage interface, certification workflow, logistics and downstream market-delivery models. The collaboration is intended to assess practical ways to accelerate operational readiness and commercial adoption while supporting Singapore’s role as a leading hub for aviation, innovation and sustainable industrial development.

At the center of the collaboration is Project Beacon, Aether’s planned commercial demonstration facility at Aster Pulau Bukom refinery in Singapore. Aether expects Project Beacon will be the first next-generation, commercial-scale SAF production facility in Southeast Asia. The facility is designed to use the Aether Aurora technology platform to convert industrial waste gas and biomethane into CORSIA-certified SAF, with expected output of up to 50 barrels of fuel per day, or approximately 2,000 tonnes per year, and lifecycle greenhouse gas emissions reductions anticipated to exceed 70% versus conventional jet fuel.

Project Beacon stands out from a SAF conversion-pathway perspective because it is intended to demonstrate a more feedstock-flexible route to production using waste-carbon. Whereas the first wave of commercial SAF has been driven largely by HEFA pathways, Aether reports that Aether Aurora can use a wide range of waste carbon feedstocks and aims to deliver higher yields at lower capital intensity. That first-of-a-kind positioning is central to why the proposed collaboration matters: if next-generation production is to scale, downstream infrastructure must also become more adaptable, modular and market-responsive.

FlyORO’s role in the collaboration centers on downstream enablement. The company will contribute its modular blending expertise to assess how flexible, on-demand blending could complement Project Beacon and future Aether projects. FlyORO’s AlphaLite system – first launched in Singapore as the world’s first modular SAF blending system – is designed to integrate with existing fuel infrastructure and enable scalable, site-deployable blending capability closer to the point of use. The platform also draws on operational experience from FlyORO’s 2025 deployment with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia.

The proposed collaboration also reflects the strength of Singapore’s clean-energy innovation ecosystem. By bringing together advanced conversion technology and modular downstream blending expertise in the same market, FlyORO and Aether aim to explore practical solutions that can expand SAF availability, diversify aviation energy pathways through sustainable fuels, and reinforce Singapore’s role as a launchpad for scalable decarbonisation solutions. The MOU is non-binding and non-exclusive, and any future collaboration would remain subject to further technical, commercial, regulatory and definitive-agreement discussions between the parties.

Project Beacon at a glance

About FlyORO Technologies Pte. Ltd.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For more information, visit www.flyoro.co

About Aether Fuels

Aether Fuels is a climate technology company revolutionizing sustainable fuel production to help hard-to-abate industries like aviation and ocean shipping achieve their decarbonization goals. Our breakthrough Aether Aurora technology converts waste carbon into drop-in liquid fuels with near-ideal carbon conversion efficiency. The scalable solution addresses the core requirements of next-generation sustainable fuels by increasing production yields and reducing capital costs while utilizing a diverse range of feedstocks. Founded in 2022 and backed by global investors and partners, Aether maintains principal offices in the United States and Singapore. To learn more, visit www.aetherfuels.com or follow us on LinkedIn.

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SINGAPORE, 30^th April 2026 — FlyORO Technologies Pte. Ltd. (“FlyORO”), the company behind AlphaLite, a modular, precision sustainable aviation fuel (SAF) blending unit, has been named to Cleantech Group’s 2026 APAC Cleantech 25. The annual list, produced with the support of ADB Ventures and Twin Tower Ventures, recognises the top 25 private companies across the Asia-Pacific (APAC) region driving meaningful progress in cleantech innovation and sustainability.

The 2026 APAC Cleantech 25 was selected through a rigorous process incorporating expert panel input, market research, and data-driven insights, evaluating companies on technological innovation, scalability, partnerships, and investment traction. Cleantech Group’s analysis this year highlighted fuel security and energy resilience as defining challenges across APAC, with an estimated 60% of regional oil supply sourced from the Middle East. Against that backdrop, companies working to de-risk aviation’s fuel supply chain have a critical role to play.

For FlyORO, being recognised on this list is both a reflection of the team’s work to date and a signal of the opportunities ahead. Aviation is one of the hardest sectors to decarbonise and SAF, while widely accepted as the primary near-term solution, is facing persistent barriers in adoption.

FlyORO was built to scale SAF without waiting years to build the infrastructure. This is achieved via AlphaLite, a modular, containerised 40-foot SAF blending unit that brings precision blending, with real-time quality assurance, directly to where it makes the most logistical and economic sense in the supply chain. Through this, AlphaLite influences the final cost of SAF, and increase flexibility and transparency for end users. Throughput is continuous and scalable, making the technology adaptable across airports of varying sizes and operational structures. Within APAC, FlyORO has recently commissioned its first commercial unit in partnership with Wagner in Q4 2025.

Mandate are accelerating industry demand.

“Being recognised on the APAC Cleantech 25 is something we are deeply honoured by but more than anything, it sharpens our sense of purpose. The aviation industry needs SAF to scale, and SAF needs smarter infrastructure to get there. This recognition belongs as much to our partners, our team, and the broader ecosystem that is pushing hard to make SAF scalable across the region.”

Jonathan Yeo, Co-Founder & Chief Executive Officer, FlyORO

FlyORO is actively engaged with airports, fuel suppliers, and SAF producers across the APAC region, deploying AlphaLite where it makes the most logistical and economic sense in the supply chain to reduce the delivered cost of SAF and create new pathways for producers and airlines to work together more directly and efficiently.

The full 2026 APAC Cleantech 25 report is available at www.cleantech.com/apac-cleantech-25.

ABOUT FLYORO TECHNOLOGIES PTE. LTD.

FlyORO Technologies Pte. Ltd. is a Singapore-based SAF blending technology company and a pioneer in SAF blending infrastructure. Its flagship AlphaLite platform is a modular, 40-foot blending unit powered by FlyORO’s proprietary, patented technology and designed to integrate with existing fuel infrastructure, enabling SAF delivery wherever it is needed across the supply chain – upstream at production sites, midstream at fuel terminals, or downstream at airport fuel farms. This versatility allows airport fuel operators to serve customers more effectively through a simplified supply chain, while giving airlines and fuel buyers the flexibility to align SAF uptake with their sustainability commitments.

In 2025, FlyORO deployed an AlphaLite unit with Wagner Sustainable Fuels and Boeing at Toowoomba Wellcamp Airport in Queensland, Australia – the first SAF blending terminal co-located at an airport globally, a milestone that advanced AlphaLite to Technology Readiness Level 9 (TRL 9). As of 2025, FlyORO has blended more than 500,000 litres of SAF across its AlphaLite deployments.

For more information, visit www.flyoro.co

ABOUT CLEANTECH GROUP

Cleantech® Group is the human intelligence authority on global cleantech innovation. Since 2002, we’ve helped decision-makers across industry, finance, and policy navigate the rapid shifts transforming the global economy. Going beyond market intelligence—offering insights, strategic guidance, and curated connections to help leaders stay ahead, identify opportunities, and act with confidence. Our insight is built on over 20 years of human intelligence, proprietary data, and direct relationships with the ecosystem leaders driving change.

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With SAF adoption accelerating, the aviation industry is increasingly focused on the infrastructure and governance systems that enable responsible scale‑up. Within this context, the RSB’s sustainability standards and Book & Claim System provide credibility and market assurance, while FlyORO’s, as a member, contributes operational expertise through its patented AlphaLite technology delivers the operational capability for decentralised blending across the SAF supply chain, from upstream production sites to near‑airport integration points, without compromising traceability or control.

Through its membership, FlyORO aligns with RSB’s broader mission to strengthen transparency, integrity, and responsible scale‑up, its membership contributes specifically to the SAF ecosystem.

Supporting SAF Adoption Through Trusted Book and Claim Frameworks

Book and claim mechanisms allow organisations to adopt SAF and claim the associated emissions reductions even when they lack physical access to the fuel. This approach broadens the potential demand base for SAF and introduces new capital flows into the market. As these demand signals strengthen, the industry must ensure that SAF can be reliably integrated into airport fuel systems where the fuel is ultimately used.’

Connecting Sustainability Registries with Physical SAF Deployment

“Book and claim plays an important role in expanding SAF demand,” said Damian McLoughlin, Chief Commercial Officer at FlyORO. “At the same time, the industry still needs reliable ways to integrate SAF into the airports’ fuel supply chains. Aligning these two layers of environmental accounting and physical deployment is key to scaling SAF in a reliable way.”

Operating at the intersection of infrastructure and fuel supply chains, FlyORO’s AlphaLite blending infrastructure unlocks possibilities for SAF to be blended closer to the point of uplift, supporting flexible deployment while maintaining traceability and transparency. As demand aggregation mechanisms such as book and claim continue to grow, physical SAF deployment remains an essential component of the system. Sustainability registries track environmental attributes and claim integrity, while infrastructure ensures that SAF is physically blended and delivered into wing.

Strengthening the Global SAF Ecosystem

“Strengthening transparency across the SAF value chain requires robust infrastructure and credible systems that uphold the integrity of book and claim,” commented Julia Fidler, Executive Director at the RSB. “FlyORO’s membership of the RSB reflects a shared commitment to the transparency and integrity that credible SAF markets require. We look forward to their engagement within the RSB community as we to collaborate to advance responsible SAF.”

FlyORO’s membership in the RSB reflects the company’s broader mission to help bridge the gap between SAF targets and real-world integration. By working alongside producers, airlines, airports, policymakers, and sustainability organisations, FlyORO aims to support the development of a SAF ecosystem that is credible, accessible, and capable of scaling globally.

About FlyORO

FlyORO provides the world’s first revolutionary, modular, on-demand blending service of SAF and jet fuel to enable aviation on its emissions reduction journey. As an enabler of the SAF supply chain, the company offers flyers the flexibility to align their ESG targets per flight rather than be succumbed to fixed blend ratios and bulk commitments upfront. With a small form factor of 40ft, it is space efficient, portable, and can be installed anywhere at or off airport base. This solution allows airport fuel operators to serve flyers more effectively with a simplified supply chain.

For all commercial, marketing and investment enquiries, please contact us at hello@flyoro.co 

About RSB

The Roundtable on Sustainable Biomaterials (RSB) is a non-profit network of global organisations collaborating to advance the just transition to a sustainable bioeconomy. RSB’s globally recognised sustainability framework is the most robust and credible foundation for supporting innovative solutions to the climate crisis. Underpinned by the RSB Principles & Criteria and developed with RSB’s multi-stakeholder membership community, RSB uses this foundation to develop projects, new knowledge and practical solutions that equip key decision-makers to deliver positive impacts for people and planet.

Contacts

Genevieve Toh
CMO, FlyORO
genevieve.toh@flyoro.co    

Carolina Grassi
Associate Director – Partnerships & Engagement, RSB
Carolina.grassi@rsb.org

What stands out is how this is not just about setting a SAF target, but about putting in place an implementation mechanism. This combination of policy direction paired with a pathway that allows stakeholders to participate today is what turns sustainability goals into reality.

It reflects a recognition that adoption requires both a signal and a system.

Frameworks like this, especially when aligned with book-and-claim-style environmental attributes, also expand participation beyond physical fuel access. Many corporates don’t operate aircraft, yet through credible attribute allocation, they can still play a role in aviation decarbonisation through insetting.

That broadens the demand base, introduces new capital flows into SAF, and helps build the foundations of a more liquid, scalable SAF marketplace.

At the same time, as aggregated demand attracts a wider network of SAF suppliers into the market, an important operational question emerges:

How can this growing diversity of supply be integrated into existing airport fuel infrastructure that has traditionally been configured around centralised procurement models?

The evolution from a single-supplier system to a multi-supplier SAF ecosystem will increasingly depend on how flexibly infrastructure and deployment pathways can accommodate that shift.

When we talk about SAF at scale, it’s about both producing more fuel and creating systems, price signals, and infrastructure pathways that enable real-world integration. As a Singapore company operating in the SAF deployment and blending space, it’s encouraging to see progress that strengthens the ecosystem architecture around SAF. These initiatives help accelerate the broader conditions that make SAF adoption more practical, investable, and operationally viable.

In summary, this trial signals how SAF markets are evolving, creating change in fuel supply chains. It’s a positive step toward a future where SAF is not only produced, but integrated into today’s infrastructure and scaled through coordinated market design.

References:

https://www.straitstimes.com/singapore/transport/spore-to-launch-first-green-jet-fuel-group-buy-trial-at-changi-aviation-summit

About FlyORO

FlyORO provides the world’s first revolutionary, modular, on-demand blending service of SAF and jet fuel to enable aviation on its emissions reduction journey. As an enabler to the SAF supply chain, FlyORO enable flyers the flexibility to align their ESG targets per flight rather than be succumbed to fixed blend ratios and bulk commitments upfront. With a small form factor of 40ft, it is space efficient and portable and can be installed anywhere at or off airport base. This solution allows airport fuel operators to serve flyers more effectively with a simplified supply chain.

For all commercial, marketing and investment enquiries, please contact us at hello@flyoro.co

However, uniformity isn’t always efficient due to varying regional contexts, whereby different markets face distinct regulatory environments, infrastructure readiness, and operational constraints.

A rigid, one-size-fits-all approach may overlook these nuances and lead to inefficiencies.

The mainstream procurement strategy

Today, SAF is typically introduced into the fuel system as a standardised blend of up to 50% at the refinery or terminal level before being distributed [1]. Procurement decisions are shaped by:

• Price premium: SAF currently costs 3 to 5 times more than Jet A/A-1 [2]
• Carbon intensity (CI) savings: SAF pathways deliver up to 80% of emission reduction potential [3]
• Mandates: Policies like ReFuelEU require minimum uplift percentages [4]
• Availability: Production is still concentrated in certain regions

This makes uniform blend the easiest path forward. However, uniformity can limit the strategic impact of SAF deployment. With today’s infrastructure setup, airlines need the ability to deploy SAF where it makes the most operational and economic sense.

What flexibility actually looks like

Near-airport blending infrastructure enables modular, localised blending capacity that can be deployed anywhere in the supply chain where it makes logistical and economic sense.

With FlyORO’s last-mile blending:

• Airlines can physically uplift SAF where infrastructure is ready, not just where refineries blend it.
• Airports can activate SAF operations without multi-year capex-heavy upgrades.
• Suppliers can reposition blending closer to the point of use, reducing unnecessary transport, delays, and constraints.
• Regions with mandates or incentives can receive blends at a faster rate, while others maintain standard supply.

This creates a network-wide flexibility layer that existing supply chains simply cannot provide.

While book-and-claim works well for voluntary Scope 3 reductions and for corporates, it bypasses physical constraints entirely. This is especially since book-and-claim SAF does not count toward regulatory mechanisms such as CORSIA, ReFuelEU mandate, etc. To meet legislative and regulatory requirements, airlines must uplift SAF physically. Hence, this is where modular, location-flexible blending becomes critical.

Airlines need physical SAF in the tank, but not every airport needs to spend on expensive, permanent infrastructure to achieve it.

Case Scenario

Consider a common scenario: Airline X operates across a global network where some airports and countries offer strong incentives for SAF, while others provide none. Country A incentivises producers through a tax credit system, driving investment in SAF production and the establishment of renewable refineries. Country B, by contrast, has set up a national SAF offtake target but has not introduced incentive programs to support production. Under the current upstream-only blending model, the airline is constrained to adopt a uniform blend everywhere, regardless of local conditions.

For Airline X, operating in both Country A and Country B presents a challenge. The airline must carefully manage its SAF procurement to (1) comply with regulatory requirements and (2) maximise available incentives. However, with production and supply concentrated in Country A, the airline faces costly supply chain arrangements to meet obligations in Country B, more so if the two countries are geographically distant.

In this scenario, Airline X is left with limited options of importing blended SAF, thus incurring higher supply chain costs instead of importing only the synthetic blending component (SBC) and blending it with the locally available Jet A/A-1 at the airport.

However, if FlyORO’s AlphaLite was deployed at Country B’s Innovative International Airport (IIA), provided the location is feasible and compliant with JIG 1530/1533 standards, SBC producers can export directly at the point of use. By leveraging the existing Jet A/A-1 supply at IIA, Airline X gains direct access to SAF directly at the airport, precisely where it is needed.

This approach reduces costly cross-border supply chain complexities, ensures compliance with local SAF targets, and enables airlines to benefit from a more flexible, demand-driven procurement model.

*case scenario is fictional with the purpose of providing more clarity

Why does this matter?

In the future, SAF supply will grow, but unevenly. Mandates will tighten, but differently across regions. Airlines will need to navigate different levels of infrastructure efficiencies, markets with varying incentives, routes with disproportionate emissions impact and irregular or small volumes that do not justify capex-heavy solutions.

A deploy-anywhere blending capability gives airlines and suppliers the ability to meet mandates and voluntary demand without overhauling infrastructure.

It optimises abatement with the same procurement budget, avoids bottlenecks from uniform blending and scales SAF uplift at airports, instead of waiting for the entire network to be ready. Through this, SAF is turned from a procurement problem into a network optimisation tool.

SAF is not just about what you buy, it’s where and how you can use it. Modular last-mile blending ensures airlines can deploy SAF where it creates the most regulatory, operational, and environmental impact, without being restricted by legacy infrastructure.

References

[1] https://www.iata.org/contentassets/d13875e9ed784f75bac90f000760e998/saf-handbook.pdf

[2] https://www.iata.org/en/about/worldwide/europe/blog/why-emissions-trading-could-be-the-key-to-transforming-saf-in-the-uk/

[3] https://www.iata.org/en/programs/sustainability/sustainable-aviation-fuels/#:~:text=What%20is%20SAF?,the%20course%20of%20its%20life

[4] https://transport.ec.europa.eu/transport-modes/air/environment/refueleu-aviation_en

About FlyORO

FlyORO provides the world’s first revolutionary, modular, on-demand blending service of SAF and jet fuel to enable aviation on its emissions reduction journey. As an enabler to the SAF supply chain, FlyORO enable flyers the flexibility to align their ESG targets per flight rather than be succumbed to fixed blend ratios and bulk commitments upfront. With a small form factor of 40ft, it is space efficient and portable and can be installed anywhere at or off airport base. This solution allows airport fuel operators to serve flyers more effectively with a simplified supply chain.