Hawthorne, CA – According to filings with the U.S. Securities and Exchange Commission, Universal Hydrogen is raising $61,517,072.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Paul Eremenko played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Universal Hydrogen
Our mission is to put aviation on a trajectory to meet Paris Agreement emissions targets by making hydrogen-powered commercial flight a near-term reality. Founded in early 2020 by a group of experienced engineers and innovators, and backed by world-class investors, the company was built around a pragmatic, near-term approach to making hydrogen commercial flight a reality. We address aviations existential challenge reducing carbon emissions while keeping flying affordable. The mission of Universal Hydrogen is to decarbonize aviation and put the industry on a trajectory to meet Paris Agreement obligations. We are a world-class team with deep aviation and energy experience. We share a passion for green aviation and a desire to challenge the incremental pace of progress towards this goal.

To learn more about Universal Hydrogen, visit http://www.hydrogen.aero/

Contact:
Paul Eremenko, Chief Executive Officer
415-857-5263
https://www.linkedin.com/in/pauleremenko/

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