Thursday, December 24, 2020

"This Hydrogen-Powered Plane Startup Just Raised $21 Million From Bill Gates, Amazon and More"

 From The Robb Report

ZeroAvia's technology is rapidly scalable and could have an enormous impact on aviation.

Hydrogen-powered planes may be the way of the future if California-based startup ZeroAvia has its way. And with $21.4 million in new funding under its belt, that may just happen sooner than we think.

Its new injection of cash comes courtesy of Bill Gates’ Breakthrough Energy Ventures, which should help it reach its goal of developing commercially viable, zero-emissions aircraft. And the Microsoft founder isn’t the only one vying to support the potentially aviation-shifting venture: Amazon and Shell also count themselves as investors.

So far, the company has operated 10 successful test flights with the long-term goal of operating commercial flights of up to 500 miles using 10- to 20-seat aircraft by 2023. It’s also working with British Airways to identify ways  ZeroAvia believes that benchmark can be extended with 200-passenger aircraft traveling up to 3,000 miles by 2030....