- dot.LA
- Posts
- Universal Hydrogen Envisions the Future of Flying
Universal Hydrogen Envisions the Future of Flying
Universal Hydrogen Envisions the Future of Flying
.
When people think of carbon emissions, they may imagine a traffic-jammed freeway or a plume of smoke coming out of a coal plant. But former Airbus Chief Technology Officer Paul Eremenko and his team have their sites set on a different culprit: regional aircraft.
Their company, Universal Hydrogen, is creating a kit that eliminates carbon emissions from airplanes. But the Hawthorne-based company has bigger ambitions to develop a hydrogen fuel distribution network that can be used in airports across the world. Read more...
Here's what else we're reading in the news:
ChowNow, an L.A.-based food ordering platform, has named Andre Manci as its new chief financial officer.
Lyft received 4,158 sexual assault reports between 2017 and 2019, according to its first published safety report.
Beyond Meat shares plummeted after the company adjusted its 3rd-quarter revenue expectations downward.
One hedge fund that invested in Trump's new media company has sold its stake after Digital World Acquisition shares spiked more than 100% on Friday.
Twitter amplifies more right-leaning political tweets than those from the left, according to the the company's research.
Global venture investments in HR tech startups shot up 130% from 2020, according to new PitchBook data.
Universal Hydrogen is set to launch its first flight test using their hydrogen fuel cell powertrain on a 40-person passenger regional airliner in 2022. Last week, the Hawthorne-based company said it secured $62 million to accelerate its technology in time for the test flight.
Santa Monica-based wineseller Winc has postponed its expected debut on the New York Stock Exchange. The company had planned to go public this week, valued at around $263 million. Instead, it has been pushed to a later, unknown date, a NYSE spokesperson told dot.LA.
Digital storage company OpenDrives is making a move into esports and gaming, hiring former Activision Blizzard post production lead André Rievers to help lead the effort.