Lanzatech: market cap $70M, hidden assets worth 6x more - deep value analysis

Introduction Lanzatech ($LNZA) is a company that captures industrial waste gases from steel mills and refineries and ferments them into ethanol. That ethanol is the feedstock for Lanzajet's alcohol-to-jet process producing sustainable aviation fuel (SAF). The technology is licensed globally. LanzaTech does not operate fuel plants directly. Beyond SAF, Lanzatech operates a parallel carbon recycling business under its CarbonSmart brand. LanzaJet funding - February 2026 Lanzajet closed a funding ro