Aviation H2
Snapshot
| OWNERSHIP | Aviation H2 privately-owned (UHL is a shareholder) |
|---|---|
| LOCATION | Australia |
| STAGE | Advanced stage technology assessment |
| COMMODITY | Hydrogen |
| MARKET STATUS | PRE-IPO |
| APPLICATION | Commertially viable hydrogen-powered plane flight |
Overview
Aviation H2 is poised to start constructing Australia’s first hydrogen-powered plane following the completion of the technology assessments.
After producing a detailed feasibility study and sign a strategic partnership with major aircraft charter operator, Falcon Air, the company now has a clear pathway outlined towards building a hydrogen-fuelled plane that will be both efficient and commercially viable.
Once the test flight in 2023 is successful, the company will have a patentable method for converting traditional aircraft to operate on carbon-free fuel.
With a working proven product, Aviation H2 will then seek a listing on a major exchange to fund the commercialisation of its technology in Q4 of 2023.