BioVeritas is a pioneer in the production of bio-based fuels, particularly Sustainable Aviation Fuel (SAF), utilizing a proprietary mixed-culture fermentation process to produce versatile short- and medium-chain Carboxylic Acids (also called volatile fatty acids or VFAs) from a wide range of low value feedstocks. The company has developed pathways to convert these VFAs into SAF at low cost, positioning itself as a technology leader in the SAF market. As a result of strong regulatory support and extensive airline commitments to reduce CO2 emissions, the SAF market is expected to grow from less than a billion gallons today to more than 100 B gallons in 2050 positioning BioVeritas for rapid and profitable growth.