Hydrogen Future for Aviation 🛫

Hydrogen Future for Aviation

With over 4.5 billion passenger trips and 16 million planes taking off in the United States each year, aviation contributes to approximately 2.5% of global CO2 emissions, a figure on the rise, warns the Global Carbon Project. In the pursuit of achieving net-zero emissions by 2050, the industry is turning to a promising solution: hydrogen. Established players like Airbus and ambitious startups are delving into this technology. Having long explored hydrogen as an alternative, Airbus has recently intensified its focus. Martha Neubauer, senior associate at AeroDynamic Advisory, confirms Airbus’s commitment to examining hydrogen fuel cell and combustion technologies. In 2020, Airbus unveiled concept designs for several zero-emission, hydrogen-powered planes and plans to conduct a hydrogen engine test on an A380 aircraft in 2026.

Joining the race, two startups—ZeroAvia and Universal Hydrogen—have also made strides in hydrogen-powered aviation. Both companies have completed test flights using regional-sized planes and aspire to enter the market by 2025. However, formidable challenges loom, from obtaining regulatory approvals to establishing the necessary hydrogen infrastructure. The transition to hydrogen-powered aircraft holds immense potential for revolutionizing aviation’s environmental impact. Yet, the path ahead necessitates overcoming significant hurdles, making collaboration between industry stakeholders, regulators, and technology pioneers pivotal to its success. Investors may view these companies as leaders in sustainable aviation, which could lead to increased investor interest and potentially higher stock prices. Additionally, companies involved in hydrogen infrastructure development may also experience benefits. However, it’s important to consider market fluctuations and challenges that must be overcome before the widespread adoption of hydrogen-powered aircraft occurs. What do you think about hydrogen-powered planes? And will they be a part of our future?

ay Fantasy Finance and manage a virtual investment portfolio or open a brokerage account and invest for real. Take our interactive investing course on Invstr Academy and become a better investor today!

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.