ENXTPA:SAFAerospace & Defense
Why Safran (ENXTPA:SAF) Is Up 7.4% After Launching Rebound SAF Venture With Airbus
In early June 2026, Technip Energies, Airbus, Safran and Tereos agreed to create Rebound, a joint venture to develop a large-scale Sustainable Aviation Fuel plant at the Port of Dunkirk in Northern France, targeting around 160,000 tons of Alcohol-to-Jet SAF output annually, subject to final approvals and funding.
This move ties Safran directly into the SAF value chain, from ethanol feedstock to aviation end-use, potentially reinforcing its role in lower-emission propulsion solutions and...