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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. Universal Hydrogen modular capsule.

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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. The conversion work for US-based airlines, flight test, as well as continuing airworthiness support would be based in AeroTEC’s Moses Lake facility.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing.

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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Four projects were selected under this topic to validate improved upstream extraction and midstream separation and processing technologies of critical materials at scales that facilitate the next step to commercialization. Partners: American Lithium Corporation, DuPont Water Solutions.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). Purdue University, West Lafayette, Ind. Quanex Building Products Corporation, Houston, Texas SCP SYS LLC, San Francisco, Calif. Louis , Mo.

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USDA awards $3M biorefinery grant to support conversion of lignin into renewable alternative for ABS Resin

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a $3-million grant to support the commercialization of its patented and patent-pending lignin conversion and refining technologies. The USDA has awarded a consortium including Attis Innovations, Inc., a subsidiary of Meridian Waste Solutions, Inc.,a and Advanced Lignin Biocomposites LLC. and Advanced Lignin Biocomposites LLC.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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51-year-old Energy Conversion Devices, Inc. OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. We firmly believe there is a strong and sustainable commercial market for UNI-SOLAR products. Earlier post.)