Page 25 - Shell Ventures News Today

 - May 3, 2021, 8:20 AM Airbus has firmly committed to a hydrogen-powered future and is now advancing three different concepts for new airliners that could enter service from around 2035. (Image: Airbus) While much of the discussion about how to reduce aviation’s carbon footprint has focused on the availability of sustainable aviation fuel (SAF) and when and how electric aircraft may be unshackled from the limits of battery technology, hydrogen has been quietly moving up the future propulsi...

Date Time UT Hydrogen Startup Celadyne Receives Investment from Shell Ventures AUSTIN, Texas – Celadyne Technologies, a University of Texas at Austin spinout that makes materials to improve hydrogen fuel cells and electrolyzers, has received an investment from Shell Ventures. The startup aims to make fuel cells and electrolyzers more viable to power everything from long-haul trucks and drones to large-scale industrial processes. The company created a membrane that can operate at higher temper...

ZeroAvia’s hydrogen fuel cell plane ambitions clouded by technical challenges Aspirations remain sky high When ZeroAvia’s six-seater aircraft completed an eight-minute flight from Cranfield Airfield in the U.K. last September, the company claimed a “major breakthrough” with the first-ever hydrogen fuel cell flight of a commercial-size aircraft. The modified Piper Malibu propeller plane was now the largest hydrogen-powered aircraft in the world, wrote the company. “While some experimen...

In California, propelling their mission towards delivering airlines zero-carbon, hydrogen-fueled flight, ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor British Airways. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in th...

Hydrogen-electric powered aircraft firm backed by Bill Gates moves to Gloucestershire Backed by Bill Gates, millions of pounds of government money, and GFirst LEP, a firm developing the world’s first commercial zero-carbon passenger plane is moving to the Cotswolds and creating jobs. ZeroAvia, due to touch down in Gloucestershire to develop the world’s first market-ready 19-seat hydrogen-electric powered aircraft. ZeroAvia, which has won £12 million of government funding to develop its ‘...

Energy Impact Partners (EIP): EIP Announces Three European Energy Leaders to Join Global Innovation Platform Shell Ventures, EDF, DSD join EIPs collaborative European coalition to foster innovation towards a sustainable energy future Energy Impact Partners (EIP), the global investment platform leading the transition to a sustainable energy future, announced Shell Ventures, EDF, and DSD as the latest European leaders to join its coalition focused on the advancement of technologies accelerati...

Artwork shows a commercial airliner with a hydrogen-electric powertrain. (ZeroAvia via PR Newswire) Microsoft co-founder Bill Gates is putting his money as well as his mouth behind the push for new energy technologies. First, about the money: Gates’ Breakthrough Energy Ventures is doubling down on its investment in ZeroAvia, a startup that’s working on a hybrid hydrogen-electric powertrain for aircraft capable of flying more than 50 passengers. This week, ZeroAvia announced that Gates’ en...

ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor: British Airways. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also partici...

Share This The FINANCIAL -- British Airways has invested in ZeroAvia – a leading innovator in decarbonising commercial aviation – in an effort to accelerate the development of 50+ seater aircraft capable of running on zero emissions hydrogen-electric power. British Airways and a group of investors including Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ have invested a total of $24.3m USD, which will enable ZeroAvia to...

ZeroAvia raises new funding for hydrogen-electric engine development Share 5 hours ago Sign up here for GlobalDatas free bi-weekly Covid-19 report on the latest information your industry needs to know. Zero-emission aviation firm ZeroAvia has raised $24.3m in new funding to support the development of a 2MW hydrogen-electric engine. Hong Kong-based venture capital firm Horizons Ventures, an existing investor, led the latest funding round and was joined by new investor British Airways. Other inve...