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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes. Universal Hydrogen modular capsule.

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Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

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Australia-based Hysata, which is commercializing capillary-fed electrolysis technology developed at the University of Wollongong ( earlier post ) has closed its oversubscribed Series A funding round of $42.5 million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

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Lightning eMotors delivers first all-electric motorcoach to ABC Companies; order for 200 ZEVs

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Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies. —Roman Cornell.

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European power-to-methane company Electrochaea opens California subsidiary

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Electrochaea GmbH, a European provider of renewable methane technology, has established a California-based US subsidiary, Electrochaea Corporation, to accelerate the commercial roll-out of its technology in North America. Laurens Mets at the University of Chicago.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Bezos Bucks? Get Ready for Corporate Digital Currency

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Corporate Cash The idea of private digital currencies goes back to at least 1994, when the late Edward de Bono wrote of the “IBM dollar.” In de Bono’s vision, “large manufacturing corporations” should create their own currencies, which could be used to buy their products. These companies had two main concerns.

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Liquefied gas electrolyte company South 8 expands manufacturing facility; new pilot production line

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product—LiGas( earlier post )—recently expanded its manufacturing facility, corporate offices and team of experts as interest grows in LiGas. South 8 is the first company to develop liquefied gas electrolyte technology as a safer, higher performance alternative to standard liquid electrolytes. South 8 Technologies, Inc.,