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Stock impact report

DevvStream, Southern Energy, and XCF Global Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF Strategy

DevvStream Corp. (DEVS) 
Company Research Source: Business Wire
MOU outlines plans for the development of a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers SACRAMENTO, Calif.--(BUSINESS WIRE)--DevvStream Corp. (Nasdaq: DEVS) (“DevvStream”), Southern Energy Renewables Inc. (“Southern”), and XCF Global, Inc. (“XCF”) (Nasdaq: SAFX) today announced a non-binding tripartite memorandum of understanding (“MOU”) to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate sustainable aviation fuel (“SAF”) adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering.By 2030, the U.S. SAF market is projected to reach nearly $7 billion, while global demand is expected to exceed 5.5 billion gallons, with ~4 billion people living in countries that utilize SAF for air transportation, driving the global market past ~$25 billion. Looking ahead to 2050, the global S Show less Read more
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