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XCF Global Inc Class A ( (SAFX) ) has shared an update.
On October 9, 2025, XCF Global Inc entered into a binding term sheet with New Rise Australia Pty. Ltd. to establish a strategic licensing and development partnership in Australia. This partnership grants New Rise Australia an exclusive license to use XCF’s engineering designs and related know-how for renewable fuel production facilities, emphasizing sustainable aviation fuel and renewable diesel. XCF will hold a 12.5% equity interest in New Rise Australia and receive licensing fees based on net profit achievements. The agreement includes performance milestones, such as developing three SAF production facilities in Australia within 15 years, and provides XCF with governance rights to ensure alignment with its standards.
More about XCF Global Inc Class A
XCF Global Inc is involved in the renewable energy industry, focusing on the development and operation of renewable fuel production facilities. Their primary products include sustainable aviation fuel and renewable diesel, with a market focus on sustainable energy solutions.
Average Trading Volume: 656,824
Technical Sentiment Signal: Sell
Current Market Cap: $177.6M
Learn more about SAFX stock on TipRanks’ Stock Analysis page.