Connor Madigan, founder of Aether Fuels, joins Oscar on this week's episode of The SAF Podcast. Madigan shares his journey from founding a successful OLED manufacturing equipment company to pioneering a transformative approach to SAF technology through Aether's Aurora solution.

At the heart of our conversation is Aether Fuels' Aurora technology, developed with GTI Energy, which reimagines the traditional Fischer-Tropsch process for sustainable fuel production. By focusing on the syngas generation and upgrading steps, their system achieves up to 50% capital cost reduction and 20% higher yields than conventional approaches. Conor expertly breaks down how their "tri-conversion" reactor and innovative catalysts simplify production while maximizing carbon utilisation.

We also explore the evolving landscape of SAF offtake agreements, where Conor provides valuable insights into the tension between investors requiring long-term contracts and airlines traditionally accustomed to shorter fuel purchasing timeframes. His perspective on how creative deal structures are emerging to balance risk and opportunity illuminates a critical aspect of scaling sustainable fuels.

Madigan also provides a nuanced perspective on strategic investor selection, highlighting the importance of partners who bring deep market understanding beyond pure capital. We also look at how this is managed against a backdrop of higher policy uncertainty and how to adapt to work with less policy certainty.

If you enjoyed this episode check out our previous discussion with Mukund Karanjikar, CleanJoule: https://www.buzzsprout.com/2202964/episodes/15427620