ZeroAvia announced it has raised another $35 million to help develop its 2-5 megawatt (MW) zero-emission powertrain systems for commercial aviation.
United Airlines joins an already crowded field of investors, which include Alaska Air Group, Amazon’s Climate Pledge Fund, AP Ventures, Bill Gates-founded Breakthrough Energy Ventures, Horizons Ventures, Summa Equity, and Shell Ventures.
ZeroAvia says it is on track to achieve commercialization for its hydrogen propulsion technology in 2024. With the new investment, the company has raised $115 million.
