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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The hindenberg would like a word

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines