ZeroAvia Secures Funding for Commercial Aircraft Engine Development

Tuesday, April 06, 2021 at 02:53 PM ET

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With new funding, ZeroAvia is accelerating development of larger zero-emission hydrogen-electric powertrains for commercial airliner applications. ZeroAvia

Key Takeaways:

The ongoing research and development by ZeroAvia to produce zero-emission hydrogen-electric powertrains for planned commercial aircraft models has been accelerated by a new round of private equity funding of $24.3 million. The new amount raised brings the company’s total private investment to over $53 million, and the total funding raised since inception to nearly $74 million.

Dan Pimentel

Dan Pimentel is an instrument-rated private pilot and former airplane owner who has been flying since 1996. As an aviation journalist and photographer, he has covered all aspects of the general and business aviation communities for a long list of major aviation magazines, newspapers and websites. He has never met a flying machine that he didn’t like, and has written about his love of aviation for years on his Airplanista blog. For 10 years until 2019, he hosted the popular ‘Oshbash’ social media meetup events at EAA AirVenture Oshkosh.