American Airlines Announces Investment in US Hydrogen Firm
Washington — American Airlines on Monday announced a strategic equity investment in Universal Hydrogen, a Californian company founded in 2020 by a group of engineers. The investment should help the development of both hydrogen-electric propulsion technology and the future of hydrogen distribution logistics.
Universal Hydrogen's fuel distribution network uses modular hydrogen capsules, eliminating the need for new fuelling infrastructure at airports and speeding up fuel-loading operations.
Universal Hydrogen plans to start hydrogen deliveries for regional aircraft in 2025. The company believes green hydrogen is a true zero-carbon fuel that will put aviation on a path to zero-emission flight and to meet Paris Agreement emissions targets.
Airbus, GE Aviation, Toyota and major hydrogen producers are among those to have already agreed strategic investments in Universal Hydrogen.
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