{"id":168613,"date":"2024-07-06T17:06:00","date_gmt":"2024-07-06T21:06:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=168613"},"modified":"2024-07-06T17:36:04","modified_gmt":"2024-07-06T21:36:04","slug":"universal-hydrogen-closes-funding","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/universal-hydrogen-closes-funding\/","title":{"rendered":"Universal Hydrogen closes its doors due to lack of financing"},"content":{"rendered":"\n

U.S. aviation start-up Universal Hydrogen has closed its doors <\/strong>after failing to secure the funding needed to continue development of its fuel cell-based propulsion system. \n fuel cell propulsion system<\/a>\n<\/strong> and its modular storage solution.<\/p>\n\n

The closure announcement, first made in a letter to shareholders last week and reported by the Seattle Times, came after a last-ditch attempt to merge with regional carrier Silver Airways.<\/p>\n\n

Ambitious plans and successful flight before closure<\/h2>\n\n

Universal Hydrogen, established in 2020, had received a $100 million investment from various investors<\/strong>. Its goal was to have its hydrogen propulsion system operating on a modified ATR 72 regional aircraft by 2026. modified ATR 72 regional aircraft by 2026.<\/a><\/strong>.<\/p>\n\n

The company’s plan also included the development of a liquid hydrogen logistics infrastructure at airports and \n liquid hydrogen logistics infrastructure at airports<\/a>\n<\/strong>The company’s plan also included the development of a liquid hydrogen logistics infrastructure at airports to refuel aircraft equipped with its propulsion system.<\/p>\n\n

Last year, \n Universal Hydrogen successfully flew a Dash 8 test aircraft with a megawatt-class<\/a>\n<\/strong> with a megawatt-class hydrogen fuel cell electric propulsion system. This aircraft was part of a two-year test program at the Mojave Air and Space Port in Mojave, California.<\/p>\n\n

Jon Gordon confirmed the closure of Universal Hydrogen<\/h2>\n\n

Jon Gordon, chief commercial officer and co-founder of Universal! \n confirmed the company’s closure in a LinkedIn post, citing that the Dash 8 had completed 13 successful flights.<\/a>\n<\/strong>mentioning that the Dash 8 had completed 13 successful flights.<\/p>\n\n

Engineers in Toulouse, France, had also begun ground testing of an Iron-bird equipped with its propulsion system and liquid hydrogen storage module earlier this year.<\/p>\n\n

Despite the advances, the company faced significant technical challenges in the handling of compressed liquid hydrogen, as well as in the development and integration of a liquid hydrogen fuel cell-based propulsion system in aircraft.<\/p>\n\n

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Source and photo: aerospacetestinginternational<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Universal Hydrogen’s Dash 8 aircraft made 13 successful flights using a hydrogen fuel cell electric propulsion system.<\/p>\n","protected":false},"author":9014,"featured_media":168556,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13064,13030],"etiqueta_noticias":[],"class_list":["post-168613","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-aerospace","categoria_noticias-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/168613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=168613"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/168613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/168556"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=168613"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=168613"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=168613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}