Hydrogen-Electric Propulsion Startup Sees Significant Investment Support
ZeroAvia has secured funding from investors including Barclays Climate Ventures and Breakthrough Energy Ventures to power the next phase for the company. The British-US technology firm will continue to industrialize its hydrogen power and propulsion technology for the aviation and defense markets. CEO Val Miftakhov stated that the investment is a vote of confidence in the company’s technology and roadmap, with plans to deploy the SuperStack Flex modular fuel cell system to eVTOL and fixed-wing commercial players. ZeroAvia has over 30 patents granted and more than 100 pending in hydrogen fuel cell systems, power electronics, and electric motor technology for aircraft.