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Universal Hydrogen signs LOIs with 3 carriers for hydrogen-powered aircraft

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Universal Hydrogen ( earlier post ) has signed LOIs with Icelandair Group (Iceland), Air Nostrum (Spain), and Ravn Air (Alaska) for aftermarket conversion of aircraft to hydrogen propulsion and for the supply of green hydrogen fuel using Universal Hydrogen’s modular capsules. Icelandair. Icelandair.

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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

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Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to $85 million. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes.

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Universal Hydrogen, magniX, Plug Power, and AeroTEC set up hydrogen aviation center at Moses Lake, Washington

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Universal Hydrogen, magniX, Plug Power and AeroTEC have established a Hydrogen Aviation Test and Service Center at Grant County International Airport in Moses Lake, Washington. Earlier post.).

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ACIA Aero Leasing LOI with Universal Hydrogen for up to 30 regional aircraft conversions to hydrogen power

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Universal Hydrogen Co. ACIA expects to place 10 firm orders for Universal Hydrogen’s ATR 72 conversion kits with additional purchase rights for 20 more conversion kits of various turboprop types. The conversion consists of a fuel cell electric powertrain that replaces the existing turboprop engines.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

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Rystad Energy expects strong growth in hydrogen pipelines through 2035

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Independent research and business intelligence company Rystad Energy estimates that there are about 91 planned hydrogen pipeline projects in the world, totaling 30,300 kilometers and due to come online by around 2035. New hydrogen infrastructure is starting to materialize as the world seeks to accelerate its path to net zero.

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