Sign Up
Stories
ZeroAvia and Lilium's Funding and Approval
Share
eVTOL Aircraft Market's Rapid Growth
AMSL Aero secures first commercial custo...
Airbus's Pioneering Efforts in Aviation
Aircraft Electric Motor Market to Surpas...
Overview
API
ZeroAvia, a U.K. company, secured $116 million in Series C funding led by Airbus, Barclays Sustainable Impact Capital, and NEOM Investment Fund, aiming to develop hydrogen-electric propulsion for aviation. Lilium, a German air taxi firm, received EU approval for its electric vertical takeoff and landing vehicles, positioning itself in the global air taxi market, competing with Boeing, Airbus, and Volocopter.
Ask a question
How might the adoption of hydrogen-electric propulsion for aviation impact the traditional aviation industry and its carbon footprint?
How might the funding and approval received by ZeroAvia and Lilium influence the future of sustainable aviation and the transition to cleaner propulsion technologies?
What challenges and opportunities do Lilium and ZeroAvia face in the race to commercialize electric vertical takeoff and landing vehicles and hydrogen-electric propulsion for aviation respectively?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Coverage
airli
finsm
skies