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 [Yahoo! Fin...
DevvStream Corp. (DEVS)
Company Research
Source: Yahoo! Finance
SACRAMENTO, Calif., December 16, 2025 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 SAF market could exceed ~$250 billion. This collaboration is intended to position the parties with a unified platform that directly supports this long-term grow
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News
- Low-Carbon Fuels Sector Experiencing Massive Growth with Overall Revenues Projected to Exceed $300 Billion By 2030PR Newswire
- DevvStream, Southern Energy, and XCF Global Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF StrategyBusiness Wire
- Louisiana Community Development Authority Authorizes up to $402 Million in Revenue Bonds for Southern Energy Renewables’ Louisiana Fuel ProjectBusiness Wire
- DevvStream and Southern Energy Renewables Announce Business Combination Targeting Low-Cost Production of Carbon-Negative SAF and Green Methanol [Yahoo! Finance]Yahoo! Finance
- DevvStream and Southern Energy Renewables Announce Business Combination Targeting Low-Cost Production of Carbon-Negative SAF and Green MethanolBusiness Wire