ZeroAvia wins Amazon, Shell funds to transform the aviation industry - Business Insider

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Amazon and Bill Gates' energy fund are betting this startup will transform the $686 billion aviation industry with hydrogen gas

Now, the very same gas is reentering the aviation industry. And this time, it's kicking off a new era — one of zero-carbon travel.

That's why investors have been hunting for hydrogen startups to fund, with some of the biggest names landing on one that appears to be leading the race for hydrogen-fueled aviation: ZeroAvia. The startup, based in Hollister, California, aims to bring hydrogen powertrains for commercial aircraft to market by 2023. Earlier this month, ZeroAvia won backing from Amazon, Bill Gates' Breakthrough Energy Ventures, and Shell.

 

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