These updates are republished press releases and communications from members of the Science|Business Network
Innovate UK: £84M of funding to develop green technologies for zero-emissions aviation flights
Three pioneering projects have been supported to power zero-emissions flights and unlock up to 4,750 jobs across the UK.
They will use alternative energy sources of hydrogen or electricity to reduce the aerospace industry’s reliance on polluting fossil fuels.
They have been supported with £84.6 million of funding through the Aerospace Technology Institute (ATI) programme.
Winners were selected by:
ATI
Funded projects
The three projects receiving funding are:
GKN Aerospace-led project H2GEAR will receive £27.2 million to develop an innovative liquid hydrogen propulsion system (a component that propels the aircraft forward) for regional air travel. This could be scaled up for larger aircraft and longer journeys
By Dominic Perry2021-01-26T14:00:00+00:00
If all goes to plan, at this point in 2022 the UK’s FlyZero project will be entering its second year with a pair of low-emission aircraft concepts on the drawing board and a firm plan on how to bring them – or at least the technologies required – to reality.
Launched last year, FlyZero is a government-backed initiative through the Aerospace Technology Institute (ATI) with the vision for “the UK to realise zero-carbon emission commercial flight by the end of the decade”.
Source: FlyZero
Gear is a former CTO at GKN Aerospace
Its one hundred ‘employees’ will be seconded from industry and academia, with the Department for Business, Energy and Industrial Strategy providing £15 million ($20.5 million) to cover staffing and overhead costs.
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Date: 27 May 2021
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 partnership with British Airways and received approval for new UK government funding through the ATI Programme to deliver an additional $16.3m of non-dilutive funding breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. These announcements bring the total funding since inception to $49.7m.