United Kingdom: British Airways invests in the development of Hydrogen-powered aircraftAdd to Favourites
British Airways has invested in ZeroAvia, an innovator in decarbonising commercial aviation. Zeroavia hopes to operate commercial flights with hydrogen-electric powered 20-seater aircraft with a range of up to 500 miles by 2024. In September 2020 it achieved the world's first hydrogen-electric flight of a commercial-grade aircraft.
British Airways and a group of investors including Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ have invested a total of $24.3m USD in ZeroAvia, which will enable the company to accelerate the development of a larger hydrogen-electric engine. Sean Doyle, BA's CEO said hydrogen "has the potential to enable us to reach true zero emissions on short-haul routes by 2050".