Strategic partnership with technology start-up

as means for innovation acquisition  

 Lufthansa AG 

 INDUSTRY    Aviation fuels

 EXPERTISE   Corporate Innovation

 LOCATION      Frankfurt a.M., Germany

 What it was all about 

  • Strategic partnership between the inventor of a patented process to produce CO2-reduced synthetic fuels, and Lufthansa AG, Europe’s leading Airline

  • Common R&D project together with an external development consortium to develop and drive the innovative process to market maturity

 Major objectives ahead of us 

  • Realizing opportunities for a significant reduction of CO2 emissions to fulfil the IATA objectives and to avoid future CO2 penalties (CORSIA)

  • Securing long-term access to cost-efficient Kerosene and independence from oil price volatility

 The challenges, we faced  

  • Mediation between large corporation decision and action patterns compared to technology start-up needs

  • Long-term innovation cycles and rewarding vs. short-term results-oriented actions and constantly changing external market conditions