The Business Journals

Universal Hydrogen aviation company shuts down after funding challenges

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Based in Hawthorne, California ...
The Business Journals

Universal Hydrogen, with $250M Albuquerque plans, shuts down

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Based in Hawthorne, California ...
Aviation Week

Funding Squeeze Forces Universal Hydrogen Into Liquidation

LONDON and WASHINGTON—Start-up zero-emissions propulsion developer Universal Hydrogen (UH2) has blamed an increasingly risk-averse venture capital market, higher interest rates and a recession-wary ...
Aviation Week

UNIVERSAL HYDROGEN

UNIVERSAL HYDROGEN, Los Angeles was forced to shut down and liquidate after failing to raise additional funding to continue development of a hydrogen-fuel cell propulsion and related fuel logistics ...
KRQE Blogs

‘Universal Hydrogen’ goes under; Albuquerque plans halted

ALBUQUERQUE, N.M. (KRQE) – It was a green-energy company promising hundreds of jobs for Albuquerque, but that promise has dried up. More than two years ago, a Universal Hydrogen manufacturing facility ...
The Spokesman-Review

Universal Hydrogen, pioneer of hydrogen-powered flight, goes bust

Universal Hydrogen, the pioneering company that flew a partially hydrogen-powered flight out of Moses Lake in March last year, has burned through the $100 million it raised from investors and gone ...
Flightglobal

US start-up Universal Hydrogen runs out of cash and folds

US advanced propulsion developer Universal Hydrogen has burned through its cash reserves and is folding as a company. The start-up’s failure is a major blow for the US regional air mobility sector, ...