United, Alaska Take Stake in Hydrogen-Electric Engine Developer – Business Travel News

United, Alaska Take Stake in Hydrogen-Electric Engine Developer – Business Travel News

Hydrogen-electric engine developer ZeroAvia has raised an additional $35 million, with United Airlines and Alaska Air Group as new investors, the company announced Monday. The new funds bring the company’s total investment to date to $115 million. 

As part of its investment, United has a conditional purchase agreement for 50 of ZeroAvia’s new zero-emission hydrogen-electric engines with an option for 50 more, according to the Chicago-based carrier. The engines could be retrofitted to existing United Express aircraft as early as 2028. One potential use is on United’s CRJ-550, a 50-seat aircraft that offers first-class seating.

Hydrogen-electric engines use electricity created by a chemical reaction in a fuel cell to power an electric motor instead of burning fossil fuel, according to a United statement. 

United and Alaska join existing investors Amazon’s Climate Pledge Fund, AP Ventures, Breakthrough Energy Ventures, Horizons Ventures, Summa Equity and Shell Ventures. Specific company investments were not disclosed. 

Source: https://www.businesstravelnews.com/Transportation/Air/United-Alaska-Take-Stake-in-Hydrogen-Electric-Engine-Developer

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