Market Intelligence
Business and transport secretaries in the UK announced an investment of £113 million (about US$136.7 million) in hydrogen and all-electric flight technologies on February 7.
The Aerospace Technology Institute (ATI) Programme will see the government and industry leaders supporting zero-carbon technologies in an effort to embrace greener air transportation. The move is also likely to create jobs and benefit the economy.
The funding will back Bristol-based electric aircraft manufacturer Vertical Aerospace’s project to develop high-end and lightweight batteries, as well as projects led by Rolls-Royce to develop the building blocks of a liquid hydrogen combusting jet engine.
In January, ZeroAvia completed the maiden flight of a hydrogen fuel cell-powered 19-seater aircraft under the support of the program. Department for Transport launched a Call for Evidence, seeking views on how to achieve zero emissions for airport operations in England by 2040 as part of the government’s Jet Zero Strategy.
“Guilt-free flying is within our reach, and we are backing the world-leading UK firms whose skills and ingenuity are going to make that dream a reality,” said Business Secretary Grant Shapps. “As the whole world moves to greener forms of aviation, there is a massive opportunity for the UK’s aerospace industry to secure clean, green jobs and growth for decades to come.”
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