Universal Hydrogen, a leader in hydrogen-powered aviation, has filed for bankruptcy after depleting its $100 million investor capital. The company's collapse raises concerns about the viability of hydrogen as an alternative fuel in aviation.
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This story was covered by the following sources:
US's Universal Hydrogen goes bust • ch-aviation
Universal hydrogen shut down after running out of cash • Aerospace Testing Intnl
Universal hydrogen shut down after running out of cash • Aerospace Testing Intnl
Universal Hydrogen liquidates after running out of cash • revolution.aero
(FR) Universal Hydrogen Ceases Operations • air-cosmos.com
UNIVERSAL HYDROGEN • Aviation Week
Sustainable aviation startup Universal Hydrogen shuts down • The Business Journals
Universal Hydrogen Shuts Down After Running Out Of Funds • Simple Flying
Funding Squeeze Forces Universal Hydrogen Into Liquidation • Aviation Week
Hydrogen aviation pioneer Universal Hydrogen fails, citing lack of funding • greenairnews.com
RIP: Universal Hydrogen to wind up operations • AirInsight
Universal Hydrogen folds following lack of funding • aerospaceglobalnews.com
(NL) Cancellation Of Universal Hydrogen's Hydrogen Plans • pilootenvliegtuig.nl
Fuel Services Provider Universal Hydrogen Goes Belly Up • Airways Magazine
US start-up Universal Hydrogen runs out of cash and folds • FlightGlobal
Universal Hydrogen Forced Into Liquidation • Aviation Week
Universal Hydrogen Forced Into Liquidation • Aviation Week
Aviation pioneer Universal Hydrogen exits the market • Urban Air Mobility News
Universal Hydrogen Folds • AVweb
Universal Hydrogen reportedly runs out of runway • cosmiclog.com
Seattle Times
• Dominic Gates