hydrogen.aeroEnergy / Energy StorageFounded: 2020Funding to Date: $85.02MM
Universal Hydrogen, founded in 2020, is the manufacturer of a flexible, scalable, and capital-light approach to hydrogen logistics by transporting it in modular capsules over the existing freight network from green production sites to airports around the world. At the airport, the modules are loaded directly into the aircraft using existing cargo handling equipment. Universal Hydrogen's mission is to decarbonize aviation and put the industry on a trajectory to meet Paris Agreement obligations.
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Universal Hydrogen which was valued at $243 million in October 2021, showed that hydrogen could be viable as a fuel for short-hop passenger aircraft.