ZeroAvia Gains Backing at High Levels

Dean Sigler Electric Powerplants, Fuel Cells, Hydrogen Fuel, Sustainable Aviation 1 Comment

“Cannot be more proud and humbled to be a part of this stellar team!”  That’s power system developer Gabriel DeVault’s response to ZeroAvia’s Chief Financial Officer Katya Akulinicheva’s enthusiastic endorsement of Bloomberg LP’s news.  She listed the investors taking an active interest in ZeroAvia, including Ecosystem Integrity Fund, Breakthrough Energy Ventures, the Amazon Climate Pledge Fund, Horizons Ventures, Shell Ventures and Summa Equity. Already benefiting from a $16.3 million grant from Innovate UK, Aerospace Technology Institute and Department for Business, Energy and Industrial Strategy (BEIS), ZeroAvia will be able to push forward on plans to create a 19-seat hydrogen-powered commuter liner. According to Bloomberg, “ZeroAvia aims to demonstrate that it can fly a plane 500 miles (804 kilometers) with as …

ZeroAvia First Out of the Gate with Hydrogen Flight

Dean Sigler Announcements, Electric Aircraft Components, Electric Powerplants, Fuel Cells, Hydrogen Fuel, Sustainable Aviation Leave a Comment

An Historic Hydrogen Outing While Airbus and MagniX promote the near- and not-so-near virtues of hydrogen-powered flight, ZeroAvia has demonstrated such flight with the largest H2-powered aircraft so far.  Their Cranfield, England-based Piper Malibu flew on H2 power for the first time September 24 on an eight-minute circuit.  The blue Malibu reached 1,000 feet and a top speed of 100 knots true air speed. Quick to capitalize on the successful mission, , ZeroAvia founder and CEO Val Miftakhov held a press conference the next day.  In it, he explained his team,“has had discussions with seven aircraft manufacturers about possible retrofit and new-build applications for the propulsion system. He said the company has signed letters of intent with 10 airlines that …