security and to meet our legally binding commitment to achieve net zero by 2050,” explained the UK government in an update to its hydrogen strategy last summer., which builds on ZeroAvia’s previous work with the UK government and other stakeholders.
ZeroAvia has attracted interest from A-list private sector investors as well. By December of 2021 the company raised a total of $115 million from, Alaska Air Group, Amazon’s Climate Pledge Fund, Breakthrough Energy Ventures, and Shell Ventures as well as Horizons Ventures and Summa Equity. Last July, Barclays Sustainable Impact Capital, NEOM, AENU, and International Airlines Group chipped in an additional $30 million in Series B funding.Against the backdrop of strong investor interest in electric aircraft, policy makers in the US Republican party continues to double down on, alleging that investing in fossil free technology is an unethical business practice that harms shareholders.
That may seem odd, considering that the Republican party has enjoyed a generations-long reputation as a friend of capitalism. However, much has changed within the past couple of years. Nowadays, the only business Republican policy makers seem friendly with isIt’s not just campaign rhetoric.
run headlong into a GOP movement exploiting social and cultural issues to fire up conservatives,” observed reporter Laura Davison of
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