H3 Dynamics Secures $26 Million in Series B Funding

Tuesday, October 19, 2021 at 04:13 PM ET

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H3 Dynamics' drones look like small planes and are powered by hydrogen, unlike the majority of drones which are battery-powered. H3 Dynamics

Key Takeaways:

H3 Dynamics secured $26 million in Series B funding to accelerate its work on hydrogen technology for drones.
Hydrogen-electric drones offer significantly longer flight durations, up to 6 to 10 times that of battery-powered equivalents.
The company aims to decarbonize the rapidly growing air cargo sector, addressing its increasing contribution to CO2 emissions in logistics.

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Editor’s Note: This article originally appeared on FreightWaves.com.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.