H3 Dynamics

H3 Dynamics employs a three-pronged approach to facilitate advanced air mobility: 1) It starts with autonomous data services, 2) then moves on to autonomous hydrogen cargo, with 3) passenger flight being the final step. The company has four business units in real estate maintenance management, robotics, hydrogen refueling, and hydrogen propulsion. H3 Dynamics aims to expand its presence on a global scale, gradually transitioning from small drone platforms to larger aircraft platforms, focusing initially on immediate markets. The company serves clients worldwide, operating from its three regional headquarters located in Austin, Singapore, and Paris.

H3 Dynamics successfully created a fully integrated propulsion system called “AEROPAK XL,” which operates on gaseous or liquid hydrogen fuel cells. This self-contained nacelle system features a swappable storage system, enabling it to meet the propulsion needs of both cargo and passenger aircraft that were expected to emerge in the coming years. The company also announced the global launch of H2FIELD in January 2023. H2FIELD is a new hydrogen station capable of producing hydrogen in the field for various unmanned aerial vehicles. 

Key customers and partnerships

In January 2023 , the company signed a Memorandum of Understanding (MoU) with Raven SR to deploy waste-to-hydrogen systems for aviation ops. The company has also partnered with other entities, including Hylium Industries , Universal Hydrogen , HyLight , Carbonix , and ELID Technology .

Funding and financials

In October 2021 , the company raised USD 26 million in Series B funding led by Japan’s Mirai Creation Fund. ACA investors, Capital Management Group, the Grosvenor Group, Audacy Ventures, Ascent Hydrogen Fund, and French strategic investors ATEQ also participated in the round. The funds will be used to accelerate its global mission to decarbonize air mobility.

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