Raises Additional $13 Million in Funding for Large Engine Development

We are eager and ready to begin testing our hydrogen-electric powertrain technology on a larger commercial-size aircraft and grateful to our investors and grant funders for their continued support of our vision for sustainable aviation," said Val Miftakhov, Founder and CEO at ZeroAvia. "Various projections indicate that aviation may account for over 25 percent of human-induced climate effects by 2050. We are on the path to helping reverse that trend, first with our successful 6-seater testing and now with the R&D for our 19-seater, and the kick-off of our 50+ seat program. Hydrogen is the only practical solution for true climate-neutral flight, and it will become a commercial reality much sooner than many predict."

 

"We are delighted to welcome ZeroAvia to our existing portfolio of hydrogen-related technologies," said Kevin Eggers, Partner at AP Ventures. "We have been impressed with the progress that ZeroAvia has made over the last 24 months – technically, operationally, and commercially. Furthermore, we have become increasingly confident about the significant role of hydrogen in decarbonising aviation. We believe that ZeroAvia will pioneer the development of hydrogen-electric powertrains for the aviation space."

 

For the 19-seat aircraft, two 600KW units of the company's hydrogen-electric powertrain will replace the aircraft's twin engines, along with hydrogen fuel tanks eventually holding 100kg of compressed gaseous hydrogen to support the 500-mile range of the commercial offering in 2024. Additionally, ZeroAvia is progressing the software, hardware, mechanical integration, and fuel cell balance-of-plant to the certifiable state. The 6-ton aircraft will have a range of 500 nautical miles.

 

"As air travel begins to increase again, political and public pressure is mounting to incorporate more sustainable technology," said Nico Bezuidenhout, CEO of Aurigny. "ZeroAvia's 19-seat initiative will not only seek to decarbonize existing regional services but also expand the reach of regional aviation by ultimately reducing seat mile cost, making smaller planes competitive with larger aircraft. In turn, smaller airports will become more accessible for aviation service, increasing traveller convenience, and the corresponding demand for point-to-point regional air travel." Click here Zero Avia