Tech Company Financing Transactions
Universal Hydrogen Funding Round
On 10/11/2022, Universal Hydrogen landed funding from American Airlines.
Transaction Overview
Company Name
Announced On
10/11/2022
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
American Airlines (Lead Investor)
Proceeds Purpose
The new investment makes American the first US airline to make two direct investments focused on the development of hydrogen-electric propulsion technologies and the distribution logistics of the "green" fuel.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
21 Park Ave.
Venice Los Angeles, CA 90291
USA
Venice Los Angeles, CA 90291
USA
Phone
Undisclosed
Website
Email Address
Overview
Universal Hydrogen is making hydrogen-powered commercial flight a near-term reality. The company takes 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Eremenko
Chief Operating Officer
Jason Chua
Chief Technical Officer
John-Paul Clarke
VP - Bus. Development
Rod Williams
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