AirCarbon x Nike: Newlight and Nike Partner to Reduce Carbon Footprint

Newlight Technologies (www.newlight.com) announced today a partnership with Nike to explore the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean. AirCarbon is currently used in fashion applications as a carbon-negative substitute to plastic and leather, including for eyewear, wallets, and bags. Nike will explore the use of AirCarbon in a variety of applications, with the goal to advance Nike's mission to create products that are better for athletes and the planet.

Newlight uses naturally occuring microorganisms from the ocean that eat air and greenhouse gas and convert it inside of their cells into AirCarbon: an energy storage material, also known as polyhydroxybutyrate (or PHB), that is approximately 40% oxygen from air and 60% carbon from greenhouse gas by weight. AirCarbon is certified carbon-negative by SCS Global Services, resulting in a net reduction in CO2e in the atmosphere through production, and can be melted into a range of forms, from fiber and sheet to solid shapes.

"Our mission is change at scale, and there are few better partners in the world than Nike to help achieve that," said Newlight CEO, Mark Herrema. "We are excited to explore how AirCarbon can help Nike decarbonize its products and achieve its ambitious carbon-reduction goals."

About Newlight
Newlight Technologies, Inc. ("Newlight") is an advanced biotechnology company converting greenhouse gas into a regenerative biomaterial called AirCarbon® PHA. AirCarbon is a high-performance, carbon-negative biomaterial that is being used to replace plastic in industrial segments ranging from foodware to fashion. Newlight's mission is to help end plastic pollution and climate change by replacing plastic with AirCarbon, creating global-scale economic and environmental value.

For more information about Newlight, visit www.newlight.com

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