Five on Friday: Vertical, ZeroAvia and Beta

roundup

Yves Le Marquand

27 May 25

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In a must-have for any and all footage of mysterious or extraordinary phenomena, a grainy video appeared last week which appears to show Vertical’s VX4…

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ZeroAvia set to sell first novel electric engine to Jetcruzer

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Yves Le Marquand

19 Feb 25

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ZeroAvia has agreed a deal for the first sale of its 600kW electric propulsion system (EPS) to Jetcruzer International. Expected to be delivered this spring, the…

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Scottish National Investment Bank invests £20m in ZeroAvia

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Yves Le Marquand

16 Sep 24

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ZeroAvia has received an extra £20m ($26m) from Scottish National Investment Bank to bring its Series C financing to a total of £114m ($150m).  This is…

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Heart, JetZero and others awarded FAA FAST grants

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Yves Le Marquand

16 Aug 24

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The FAA has awarded Fueling Aviation’s Sustainable Transition (FAST) grants to a number of companies including Heart Aerospace, JetZero and Wright Electric.  The FAA announced…

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KLM and ZeroAvia plan liquid hydrogen demonstration flight

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Yves Le Marquand

25 Jul 24

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ZeroAvia and Dutch flag carrier KLM  are working together to fly a liquid hydrogen demonstration flight using ZeroAvia’s ZA2000 engines. As a first milestone, the…

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FIA: Jekta and ZeroAvia to demonstrate fuel cell-powered flying boat

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Yves Le Marquand

22 Jul 24

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Jekta has selected ZeroAvia’s fuel cell technology to demonstrate the concept of a hydrogen-powered variant of its electric amphibious flying boat design. The firms also plan…

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FEAM Aero to provide MRO for ZeroAvia’s hydrogen-electric engines

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Yves Le Marquand

16 Apr 24

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ZeroAvia has signed an agreement with FEAM Aero to look at providing maintenance, repair and overhaul (MRO), retrofit and technical support for its engines.  With a first hydrogen-electric…

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ZeroAvia and Ecojet sign deal for up to 70 hydrogen engines

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Yves Le Marquand

1 Dec 23

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ZeroAvia has signed an agreement with newly-launched British airline Ecojet for up to 70 hydrogen-electric, zero-emission engines. Ecojet, working with Monte, the preferred lessor partner…

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ZeroAvia completes $116m series C raise

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Yves Le Marquand

27 Nov 23

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ZeroAvia has raised $116m from its Series C funding round led by UK Infrastructure Bank, Airbus, Barclays and NEOM’s investment fund. The Series C cash…

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AFWERX backs Piasecki Aircraft with $37m contract

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Yves Le Marquand

23 Nov 23

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Piasecki Aircraft Corporation has been awarded a multi-year contract by AFWERX and the US Air Force Research Laboratory worth $37m. The award, which forms part…

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ZeroAvia and Japan Airlines looking at hydrogen-powered regional flights

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Yves Le Marquand

16 Nov 23

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ZeroAvia has signed a deal with Japan Airlines (JAL) and its engineering subsidiary to explore development of hydrogen-electric engines on regional routes in Japan.  The…

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ZeroAvia appoints ex-NASA chief technology officer to board

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Yves Le Marquand

3 Oct 23

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ZeroAvia has appointed Deborah Diaz, former NASA chief technology officer, as a on-executive director.  Diaz is currently CEO of Catalyst ADV, a technology and strategic…

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Airbus, Barclays and NEOM co-lead new ZeroAvia funding round

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Yves Le Marquand

18 Sep 23

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Airbus, Barclays have co-lead ZeroAvia’s latest funding round alongside smart city NEOM. The hydrogen propulsion system maker said the financing will go towards certification of…

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ZeroAvia and Masdar announce hydrogen production partnership

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Yves Le Marquand

23 Aug 23

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ZeroAvia has signed a partnership with UAE-based renewal energy producer, Masdar to explore hydrogen production and supply. The agreement will focus at first on North…

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Crashing: Part of the process?

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Yves Le Marquand

14 Aug 23

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Vertical Aerospace crashed its prototype last week during a motor failure test scenario.  It is not the first time an eVTOL has crashed during flight…

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