ZeroAvia is making waves in the aviation industry with its cutting-edge hydrogen-electric jet engine technology. The company recently secured $34 million in funding as part of an extension to its Series C round, further accelerating its mission to revolutionize sustainable air travel.
- Hydrogen-Electric Engine: Utilizes hydrogen fuel cells to produce electricity, which powers aircraft motors. The only emission is water, making it an eco-friendly alternative to traditional jet engines.
- Range Targets: By 2025, ZeroAvia will offer engines for 9 to 19-seat aircraft with a 300-mile range and by 2027, they will provide engines for 40 to 80-seat aircraft with a 700-mile range.
- Key Investors: Key investors in ZeroAvia include the Scottish National Investment Bank, which contributed $26.2 million, along with American Airlines, International Airlines Group (IAG), and ITOCHU Corporation.
- Achievements: ZeroAvia has secured nearly 2,000 pre-orders from airlines and aviation operators, successfully tested its engines on a Dornier 228 aircraft in the UK, and is exploring the establishment of a manufacturing facility in the UK to scale production.
ZeroAvia’s vision is clear: to lead the aviation industry towards a greener future with zero-emission, hydrogen-powered flight. As the company works to certify its technology and expand production, its progress signals a promising shift toward sustainable air travel.