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Universal Hydrogen
Decarbonizes aviation and puts the industry on a trajectory to meet Paris Agreement obligations
About Universal Hydrogen
Hydrogen.aero is a pioneering startup in the aviation sector, aiming to revolutionize the industry by introducing hydrogen-powered commercial flights. The company's mission aligns with the Paris Agreement's emissions targets, striving to significantly reduce the carbon footprint of aviation. Hydrogen.aero believes that hydrogen, a zero-carbon fuel, is the future of aviation due to its high energy content and safety record.
The company operates in the aviation industry, specifically targeting commercial airlines as its primary clients. The business model revolves around developing and providing an end-to-end solution for hydrogen-powered flights. This includes the production, storage, and use of hydrogen fuel, as well as the necessary infrastructure and technology for its implementation in commercial aircraft.
Hydrogen.aero's revenue generation strategy is based on the sale of their hydrogen fuel and related technologies to airlines. The company anticipates that hydrogen will reach cost parity with traditional jet fuel by 2025, making it an economically viable alternative for airlines. Furthermore, the company expects the costs of hydrogen to decrease exponentially over time, making it an increasingly attractive option for airlines looking to reduce both their environmental impact and operating costs.
In summary, Hydrogen.aero is a forward-thinking startup that is leveraging the power of hydrogen to create a more sustainable and efficient aviation industry. The company's innovative approach could potentially disrupt the market and set a new standard for commercial flights.
Source: Dealroom company dataAt a glance
- Founded
- 2020
- Headquarters
- Hawthorne, United States
- Sector
- Aviation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Trucks Venture Capital
Series A21 investors entered at this stage
Playground Global
Coatue Management
Plug Power
JetBlue Ventures
Future Shape
Sojitz
FortescueToyota Ventures
Global Founders CapitalAirbus Ventures
Mitsubishi HC Capital
Hawktail
Tencent
GE Aviation
Stratos Group
Jeff Wilke- WAWaltzing Matilda Aviation
Fourth Realm
Time Ventures
75 & Sunny Ventures
American Airlines
Source: Dealroom Talent Intelligence.
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Market sentiment
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