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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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NEC, NEC TOKIN and Tohoku University develop spin-Seebeck thermoelectric device w/ 10x better conversion efficiency

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NEC Corporation, NEC TOKIN Corporation and TOHOKU UNIVERSITY have jointly created a thermoelectric (TE) device using the spin Seebeck effect (SSE) with conversion efficiency 10 times higher than a test module that was produced based on a multi-layered SSE technology published by the Tohoku University group in 2015.

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

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American Battery Metals Corporation; Field Demonstration of Selective Leaching, Targeted Purification, and Electro-Chemical Production of Battery Grade Lithium Hydroxide Precursor from Domestic Claystone Resources. Partners: American Lithium Corporation, DuPont Water Solutions. 525 Solutions, Inc.;

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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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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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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. Ovonyx is a joint venture with its co-founder Tyler Lowrey and its shareholders include Intel Corporation.