Latham & Watkins Advises Syzygy Plasmonics in its Agreement With RTI International

Syzygy Plasmonics, a deep decarbonization company, announced an agreement with the nonprofit research institute RTI International to demonstrate sustainable fuel production at the RTI facility in Research Triangle Park, North Carolina, USA. The new technology has the potential to help decarbonize transportation by converting two potent greenhouse gases, carbon dioxide (CO₂) and methane (CH₄), into low-carbon-intensity fuels that can be used to replace petroleum-based jet fuel, diesel, and gasoline. The pilot project is being sponsored by Equinor Ventures and Sumitomo Corporation of Americas.

Latham & Watkins represents Syzygy Plasmonics in the transaction with a team led by Boston partner Spencer Ricks.

The firm also previously advised on the company’s Series B and Series C financing rounds.