Investors include UK Infrastructure Bank, Airbus, Barclays Sustainable Impact Capital and NEOM Investment Fund (NIF). Funding will be used toward certification of engines and R&D intended to push the technology into larger planes.
ZeroAvia is focused on zero-emission aircraft, particularly hydrogen-electric power driven. By the end of 2025, their engines will support a 300-mile range in 9–19 seat aircraft. By 2027, those figures jump up to a 700-mile range in 40–80 seat aircraft.
Hydrogen could be a key part of a successful energy transition. If companies like ZeroAvia are successful, it could push forward development and deployment of broader hydrogen infrastructure.