ZeroAvia Facts
ZeroAvia Facts
About ZeroAvia
A Hydrogen-Electric Engine in Every Aircraft
ZeroAvia is leading the transition to zero-emission aviation by developing hydrogen-electric propulsion systems – the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.
Hydrogen-electric engines use hydrogen in fuel cells to generate electricity, which is then used to power electric motors to turn the aircraft’s propulsors, with the only byproduct being water.
ZeroAvia offers passenger and cargo operators and aircraft lessors the opportunity to upgrade their fleet to zero-emission, hydrogen-electric engines via retrofit. The ZA600 engine for 9-19 seat aircraft targets market entry by 2025, with the ZA2000 for 40-80 seat aircraft targeting 2027.
ZeroAvia is also working with Airframe OEMs on line-fit of engines for existing airframes and future, clean-sheet designs. Finally, the company is working with airports to deliver the hydrogen production, storage and distribution required to support future zero-emission routes.
Key Company Facts
• Founded in 2018
• US holding company (ZeroAvia, Inc), with largest subsidiary in UK (ZeroAvia Ltd)
• Founder and CEO: Val Miftakhov, serial cleantech entrepreneur, ex-Google and McKinsey, Physics PhD from Princeton
• 300+ employees
• $150m+ in funding raised
• Engine Pre-Orders: 2,000+ representing over $10bn revenue backlog
• Customers: Alaska Airlines, American Airlines, United Airlines, MONTE, Ecojet, Red Sea Development Company, Ravn Alaska, ASL Ireland, Surcar, Air Cahana, Rose Cay, Finistair
• OEM Partners: Textron, De Havilland of Canada, MHIRJ
• Investors: Barclays, Breakthrough Energy Ventures, Horizons Ventures, American Airlines, Alaska Airlines, United Airlines, Ecosystem Integrity Fund, Summa Equity, AP Ventures, Amazon Climate Pledge Fund, Shell, NEOM
• Key IP: Fuel Cell SuperStack LTPEM configuration for 600kW engine; HTPEM development for large aircraft applications; world’s first fuel cell compressor for aviation; world-leading aviation power electronics and electric motor technologies.
Why?
Overcome the existential threat to aviation posed by its growing climate impact – ensuring families can stay close, businesses can grow and people can see eye-to-eye. As one of the hardest to abate sectors, aviation is predicted to account for up to 50% of GHG emissions by 2050. Given we are already behind on overall targets to tackle global warming, the solution for aviation needs to be far reaching and holistic.
Hydrogen-electric engines will offer:
• 90%+ emissions reduction
• ~40% operating costs reduction
• Improved air quality outcomes and reduced noise for airport communities