ZeroAvia

ZeroAvia

The leader in hydrogen-electric, zero-emission aviation. Powering 10-20 seat aircraft by 2024 and 40-80 seat by 2026.

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$26.2m

Valuation: $580m

Series C
Total Funding000k
More about ZeroAvia
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ZeroAvia is a pioneering startup that is revolutionizing the aviation industry by developing hydrogen-electric engines for aircraft. Their mission is to create a truly clean aviation sector, as they believe that aviation is a significant contributor to greenhouse gas emissions. The company's innovative technology aims to reduce the aviation industry's climate impact, which is expected to account for 25-50% of total human climate impact by 2050.

ZeroAvia's hydrogen-electric engines are a game-changer in the aviation industry. They offer up to 60 times greater specific energy and lower cycling costs than lithium-ion batteries, making them a viable, scalable solution for zero-emission aviation. These engines are not only environmentally friendly but also cost-effective, offering lower fuel and maintenance costs compared to traditional turbines.

The company's business model revolves around retrofitting existing aircraft with their hydrogen-electric engines. They plan to retrofit up to 300NM <19 seat missions from 2025 and up to 1000NM 50-90 seat from 2027. This approach allows them to cover 95%+ of missions flown today, including reserves.

ZeroAvia's primary clients are aircraft manufacturers and airlines looking to reduce their carbon footprint and comply with regulators worldwide pushing for green aviation and net-zero carbon emissions by 2050. The company also produces green hydrogen through electrolysis with clean power, providing a sustainable aviation fuel for the future.

In summary, ZeroAvia is a forward-thinking startup that is leading the way in creating a cleaner, more sustainable aviation industry. Their hydrogen-electric engines are not only environmentally friendly but also cost-effective, making them a viable solution for the future of aviation.

Keywords: ZeroAvia, Hydrogen-Electric Engines, Zero-Emission Aviation, Greenhouse Gas Emissions, Aviation Industry, Retrofitting Aircraft, Lower Fuel and Maintenance Costs, Green Hydrogen, Sustainable Aviation Fuel, Net-Zero Carbon Emissions.

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Investments by ZeroAvia

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HyPoint
ACQUISITION by ZeroAvia Oct 2022