/PRNewswire/ Anchor Audio CEO Alex Jacobs announced steps to further the company s 100% commitment to our community of end users and valued-added dealer.
ZeroAvia Expands its Hydrogen-Electric Aviation Program to 19-Seat Aircraft and Raises Additional $13 Million in Funding for Large Engine Development
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Horizons Ventures. This new funding complements the initial investment of $24 million the company announced a few weeks ago, bringing the total private investment into ZeroAvia large engine development for 50+ seat aircraft to $37 million. We are eager and ready to begin testing our hydrogen-electric powertrain technology on a larger commercial-size aircraft and grateful to our investors and grant funders for their continued support of our vision for sustainable aviation, said Val Miftakhov, Founder and CEO at ZeroAvia. Various projections indicate that aviation may account for over 25 percent of human-induced climate effects by 2050. We are on the path to helping reverse that trend, first with our successful 6-seater testing and now with the R&D for our 19-seater, and the kick-off of our 50+ seat program. Hydrogen