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  <ul>
    <li>
      <p>
        ZeroAvia, a hydrogen-based aviation solutions developer, has completed an undisclosed funding round that was led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other investors in the round included Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures, and Amazon Climate Pledge Fund.
      </p>
    </li>
    <li>
      <p>
        The company intended to use the funds to push toward certification of its first hydrogen-electric engine known as &ldquo;ZA600.&rdquo; Having completed the first stage of flight testing with the product, ZeroAvia is now planning to complete design work and targets to commercialize the product in 2025.&nbsp;
      </p>
    </li>
    <li>
      <p>
        ZeroAvia also intends to use the funds to progress its &ldquo;ZA2000,&rdquo; a 2&ndash;5.4 MW modular powertrain for larger commercial aircraft applications. The company intends to begin flight testing with the product in 2024.
      </p>
    </li>
    <li>
      <p>
        In addition to the investment, ZeroAvia also partnered with Airbus. The two companies intend to collaborate on the certification approach for hydrogen power systems. Furthermore, the two companies also plan to focus on key technical areas, such as liquid hydrogen fuel storage, flight and ground testing of fuel-cell propulsion systems, and development of hydrogen refueling infrastructure and operations.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


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  <p>
    <a href="https://zeroavia.com/latest-financing-round/">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Hydrogen Economy

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Hydrogen-based aviation solutions developer ZeroAvia has secured funding in an investment round led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other investors include Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures, and Amazon Climate Pledge Fund. The funds will be used to achieve certification for ZeroAvia's first hydrogen-electric engine, ZA600, which is expected to be commercialized in 2025. ZeroAvia will also use the funds to develop ZA2000, a powertrain for larger commercial aircraft, with flight testing planned for 2024. In addition to the investment, ZeroAvia has partnered with Airbus to collaborate on hydrogen power systems certification and other technical areas.

ZeroAvia receives undisclosed funding from Airbus and other investors

Viritech, HORIBA MIRA, and Intelligent Energy are collaborating on a £3 million project called ICEBreaker to develop a hydrogen fuel-cell-powered heavy-duty truck. Viritech will provide the hydrogen fuel-cell powertrain, Intelligent Energy will contribute its fuel-cell technology, and HORIBA MIRA will bring their vehicle engineering expertise. The project aims to reduce the total cost of ownership for hydrogen fuel-cell trucks and plans to create a digital twin of the truck for pre-validation. The project is set to start in October 2023 with the goal of delivering a working proof of concept in the short term.

Viritech, HORIBA MIRA, and Intelligent Energy partner for hydrogen fuel-cell truck project

Hyzon Motors, a developer of commercial hydrogen fuel-cell electric vehicles, has completed its first commercial run with a liquid hydrogen fuel-cell EV. In partnership with Performance Food Group and Chart Industries, the company completed a delivery run in Texas, covering over 540 miles in 16 hours and making deliveries to eight PFG customers. This success has led Hyzon to estimate that its fuel-cell system can operate at a range of 650-800 miles, comparable to diesel truck range requirements. By using liquid hydrogen, Hyzon can increase the amount of fuel in a vehicle due to its higher energy density. They have partnered with Chart Industries to develop a tank system that can store and deliver liquid hydrogen at the required pressure and temperature.

Hyzon Motors completes first commercial run with liquid hydrogen fuel-cell EV

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ZeroAvia has partnered with Masdar to explore hydrogen production and supply for aviation. The companies will focus on projects in North America and Europe, with a goal of establishing zero-emission flights in the UAE. ZeroAvia recently developed a high-performance compressor for fuel-cell-based aviation propulsion systems, which will be incorporated into their ZA600 and ZA2000 hydrogen-electric engines. The ZA600 is expected to be operational by 2025, while the ZA2000 is set to be launched in 2027. Masdar aims to achieve the world's first hydrogen-powered commercial flights through this partnership.

All Updates

ZeroAvia receives undisclosed funding from Airbus and other investors

Viritech, HORIBA MIRA, and Intelligent Energy partner for hydrogen fuel-cell truck project

Hyzon Motors completes first commercial run with liquid hydrogen fuel-cell EV

ZeroAvia partners with Masdar to develop aircraft refueling infrastructure

ITM Power partners with FRIEM to design power supply units

Advanced Ionics raises USD 12.5 million in Series A funding round

Bramble Energy launches HQ in Sussex

ZeroAvia introduces world’s first compressor for aviation fuel cell systems

Verdagy raises USD 73 million in Series B funding round

Enapter partners with Wolong to provide AEM Electrolysers in China