Universal Hydrogen, a hydrogen-powered flight startup, ceased operations after exhausting its $100M investment.
Universal Hydrogen, a pioneering company in hydrogen-powered flight, has shut down after exhausting its $100M investment. The company aimed to replace fossil fuel-powered aviation with sustainable, emissions-free technology using hydrogen to power aircraft engines. Its first flight in Moses Lake was celebrated as a clean energy breakthrough, but the startup ultimately failed to secure necessary funding.
June 30, 2024
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