Autologous T cells expressing CD19-specific chimeric antigen receptors (CARs) mediate high complete response rates in patients with B-cell malignancies. However, autologous cell products are costly, time-consuming to produce and demonstrate variable potency. CD1d-restricted Vα24-invariant natural killer T cells (NKTs) are not alloreactive and thus allogeneic NKTs can be used without risk of graft-versus-host disease. We generated five lots of healthy donor NKTs that co-express CD19-CAR, IL-15, and shRNA targeting beta-2-microglobulin and CD74 to downregulate HLA expression. Each lot averaged 14.8 ± 2.5 days in culture, and yielded 1.18 - 2.27x1010 cells with an NKT purity of 98.99% ± 1.02%. We are assessing the safety, persistence, and efficacy of this allogeneic product in ANCHOR (NCT00840853), a phase 1 dose-escalation trial for patients with relapsed/refractory B cell non-Hodgkin's lymphoma (NHL) and relapsed acute B lymphoblastic leukemia (ALL). Nine NHL patients have been infused on three dose levels (1x107 (DL1), 3x107(DL2), and 1x108 (DL3) CAR-NKT cells/m2) and three ALL patients have been infused on DL1. No dose-limiting toxicities related to CAR-NKTs have been observed. Two cases of grade 2 or lower CRS have been observed and one case of grade 3 neurotoxicity, but all resolved quickly. Four out of nine NHL patients achieved a partial response four-to-six weeks after infusion that in two cases evolved into a complete response (CR) by three months post-infusion. Additionally, two out of three ALL patients achieved objective responses. We detected CAR-NKTs in the peripheral blood of some DL2 and DL3 patients, which peaked one week post-infusion and in biopsied tumor tissue from patients at one week and five weeks post-infusion. Our data indicate that allogeneic CAR-NKTs are well tolerated and can mediate objective responses in NHL/ALL patients that relapsed following multiple salvage protocols, including commercial CAR-T products. Thus, NKTs represent a promising platform for “off-the-shelf” cancer immunotherapy.