XCF Global Highlights Addition Of Southern Energy Renewables' Technology And Feedstock Capabilities To Its Renewable Fuels Platform; Combined Company Previously Projected ~$1.8B In Revenue By 2030

Southern Energy Renewables expands XCF's technology and feedstock capabilities; combined company previously projected approximately $1.8 billion in revenue by 2030

HOUSTON, TX / ACCESS Newswire / October 21, 2026 / XCF Global Inc. ("XCF" or the "Company") (NASDAQ:SAFX) today highlighted the addition of Southern Energy Renewables' technology and feedstock capabilities to its renewable fuels platform. Southern's work has focused on improving the cost, performance and supply reliability of renewable fuels and chemicals, including biomass-conversion pathways and potential higher-value co-products.

Strengthening U.S. Energy Competitiveness

Southern's strategy uses U.S. waste and biomass feedstocks to support additional domestic fuel production, strengthening U.S. energy resilience and fuel-supply security. In connection with the previously announced merger, the combined company projected approximately $1.8 billion in revenue by 2030.

Together, Southern's capabilities expand XCF's options to pursue renewable fuels and products that meet customer needs, strengthen the Company's platform and create long-term value for shareholders, while providing potential pathways into additional fuel types and end markets, including aviation, maritime, defense and space applications.