Copyright © 2022 ZeroAvia, Inc.
HOLLISTER, CALIFORNIA 23 October, 2020: ZeroAvia, the leading innovator in decarbonizing aviation has been named to the Cleantech Group’s New 50 to Watch List. The company recently completed of the world’s first hydrogen fuel cell commercial flight.
The 2020 50 to Watch is the second annual list of the Cleantech Group’s top early-stage private companies delivering innovative solutions to combat the climate crisis. The entrepreneurs in the list are creating new technologies and business models that could solve the plastics crisis, regenerate soils, seed new forests, create climate-positive buildings and end desertification.
“We are honored to be included in this impressive list alongside so many other notable leaders dedicated to overcoming the world’s greatest climate challenges. This recognition acknowledges the significant role air travel has in CO2 emissions and further reinforces the importance of our HyFlyer program enabling commercial zero-emission aviation at scale. We look forward to our six-seat aircraft making its next milestone, a 250-mile zero-emission flight, by the end of the year.”
“Despite a worsening climate crisis and inaction from world leaders, this year’s 50 to Watch companies show us that with dedication and innovation, a climate-positive future is possible.”
To arrive at the companies on the list, Cleantech Group put together a diverse panel of more than 30 early-stage investment and innovation experts from five continents. The Expert Panel nominated the companies they were most impressed with, focusing on innovative solutions to the climate crisis. Next, those nominations were combined with Cleantech Group nominations and added to research on early-stage public awards. The resulting 500 nominations were put through qualitative and impact filters. All nominations were weighted according to their relevance, keeping a sectoral and geographical balance. A shortlist of 150 companies was agreed. The Expert Panel then reviewed and scored this shortlist to arrive at the final 50.
About ZeroAvia
ZeroAvia is a leader in zero-emission aviation, focused on hydrogen-electric aviation solutions to address a variety of markets, initially targeting a 300-mile range in 5–20 seat aircraft by 2024, and up to 1000-mile range in 40–80 seat aircraft by 2026. Based in the UK and USA, ZeroAvia has already secured experimental certificates for its two-prototype aircraft from the CAA and FAA, passed significant flight test milestones, secured a number of key partnerships with major aircraft OEMs and major global airlines, and is on track for commercial operations in 2024. The company’s expanding UK operations are supported by grants from UK’s Aerospace Technology Institute and Innovate UK, and ZeroAvia is part of the UK Government’s Jet Zero Council. For more, please visit ZeroAvia.com, follow @ZeroAvia on Twitter, Instagram, and LinkedIn.
About Cleantech Group
Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.
For detailed information on ZeroAvia outlook as an innovator, visit Cleantech Group’s market intelligence platform i3
Media Contact information
Kristin Macdonald
Cleantech Group
Kristin.Macdonald@cleantech.com
Press Contact
ZeroAvia North America
Sarah Malpeli
Technica Communications
+1 (408) 806-9626 Ext. 6840
ZeroAvia@technicacommunications.com
ZeroAvia Europe
Hoda Awad
Madano
+44 (0) 20 7593 4014
ZeroAvia@madano.com
