Ampaire Receives Department of Energy Award

The $9 million DOE award will be used to boost Ampaire's commercialization of its hybrid aircraft program.

Meg Godlewski

Tuesday, November 22, 2022 at 03:01 PM ET

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Parked Cessna Eco Caravans [Illustration: Ampaire]

Key Takeaways:

The U.S. Department of Energy (DOE) awarded $100 million to fund eight clean energy technology projects.
Among these projects, Ampaire received $9 million to commercialize hybrid electric propulsion technologies for aircraft, with expected benefits including over 50% savings on fuel and emissions.
This funding supports President Biden’s goals to significantly lower emissions, reduce dependence on critical mineral imports, and enhance the nation's leadership in clean energy research and innovation.

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The U.S. Department of Energy (DOE) announced today it awarded $100 million to fund eight clean energy technology projects, including Ampaire’s hybrid electric propulsion technologies for aircraft.

The eight technologies support President Biden’s goals to lower emissions through clean energy deployment, reduce dependence on imports of critical minerals, and secure the nation’s standing as a global leader of research and innovation.