Page 29 - Jet Zero News Today

Aviation fears long-term impact of pandemic on innovation and industry rebound Pandemic-hit cash flows squash new projects, jeopardise recovery by Leanna Reeves - January 28, 2021 Industry participants fear UK aviation may face insurmountable challenges, with new projects completely shelved. In January 2020, 296 new aircraft were ordered – the highest record ever seen for the first month of the year, amounting for more than five times higher than in January 2019. Confident that demand woul...

ZeroAvia Secures $21.4M in Series A and $16.3M in Grant Funding ZeroAvia, a London, UK- and California-based leader in zero-emission aviation, raised $21.4M in Series A venture capital funding and $16.3M in grant funding. The $21.4m in Series A round was led by Breakthrough Energy Ventures and Ecosystem Integrity Fund, with follow-on investors Amazon Climate Pledge Fund, Horizons Ventures, Shell Ventures, and Summa Equity participating. In addition, the company established a partner...

ORKNEY-based energy experts are to play a key role in a £12.3m UK Government funded programme to deliver a breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023.  The grant for the HyFlyer II project will see ZeroAvia develop a certifiable hydrogen-electric powertrain that can power airframes carrying up to 19 passengers in collaboration with the European Marine Energy Centre in Orkney, and Warwick-based Aeristech. The HyFlyer II project will "conclude wit...

ZeroAvia secures £12.3m UK Government grant to bring 19-seat hydrogen-electric aviation powertrain to market - Department for Business Energy & Industrial Strategy (BEIS), Aerospace Technology Institute (ATI) and Innovate UK back the further development of ZeroAvias hydrogen fuel cell powertrain for commercial aviation through £12.3m grant ($16.3m); with funding matched by project partners - "HyFlyer II" will deliver the first certifiable hydrogen-electric powertrain for aircraft of up to...

Share this article HOLLISTER, Calif., Dec. 16, 2020 /PRNewswire/ -- Investments from Amazon Climate Pledge Fund, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Horizons Ventures, Shell Ventures, and Summa Equity Approval of additional grant funding of $16.3 million from Department for Business Energy & Industrial Strategy (BEIS), Aerospace Technology Institute (ATI), and Innovate UK  Partnership with British Airways, through Hanger 51 Accelerator to explore how hydrogen-powered air...

Deputy Editor, Current± The Energy Networks Association (ENA) has released its own Ten Point Plan, highlighting the role of networks in supporting offshore wind, electric vehicles (EV) and hydrogen. It follows the release of Prime Minister Boris Johnson’s recent Ten Point Plan for climate action in November, which the ENA branded “the most significant policy intervention for the energy industry in nearly ten years”. The Networks’ Ten Point Plan includes supporting increased levels of ...