On October 23, 2025, XCF Global, Inc. (Nasdaq:SAFX) announced that it has signed a binding term sheet with New Rise Australia Pty. Ltd. The agreement grants XCF a 15‑year exclusive license to deploy its modular, scalable renewable fuel platform across Australia and includes a 12.5% equity stake, licensing fees, and a seat on New Rise Australia’s board.
The term sheet formalizes the June 2025 memorandum of understanding and launches XCF’s first regional platform under its international expansion strategy. The partnership targets the development of three renewable fuel production facilities in Australia, extending XCF’s global footprint beyond the United States and positioning the company to serve the growing Asia‑Pacific demand for sustainable aviation fuel.
This binding agreement provides XCF with a long‑term revenue stream from licensing fees, equity upside, and governance influence, while accelerating the company’s plan to build a network of SAF facilities. By leveraging its modular platform, XCF can scale operations efficiently, potentially reducing costs and enhancing competitiveness in the renewable fuels market. The deal marks a significant step toward achieving XCF’s goal of expanding its production capacity and market presence worldwide.
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