<p>Los Angeles based Universal Hydrogen, the company leading the fight to decarbonize aviation through the adoption of hydrogen as a universal fuel, has taken delivery of its first test aircraft, a Dash 8-300 from Elix Aviation Management Limited. Elix has also signed a letter of intent with Universal Hydrogen to acquire ten conversion kits for the current and future Elix leased fleet as the lessor brings new decarbonization technology to its customers.</p><p>Under the LOI, Elix is purchasing ten of Universal Hydrogen’s conversion kits for installation in its existing and future turboprop aircraft fleet. Universal Hydrogen has provided Elix flexibility to select any combination of the Dash 8-300 or ATR 72-500/600 conversion kits within this ten unit order.</p><p>The two companies have agreed to collaborate on the marketing of Universal Hydrogen’s fuel service and logistics solution to Elix’s customers. In the face of rising hydrocarbon fuel costs, particularly with evermore prevalent carbon taxes and offset obligations, green hydrogen is expected to be cost-competitive with Jet-A1 fuel by 2025, with subsequent further declining costs.</p><p>Universal Hydrogen is making hydrogen-powered commercial flight a near-term reality. The company takes a flexible, scalable, and capital-light approach to hydrogen logistics by transporting it in modular capsules over the existing freight network from green production sites to airports around the world. To accelerate market adoption, Universal Hydrogen is also developing a conversion kit to retrofit existing regional airplanes with a hydrogen-electric powertrain compatible with its modular capsule technology.</p>
<p>Los Angeles based Universal Hydrogen, the company leading the fight to decarbonize aviation through the adoption of hydrogen as a universal fuel, has taken delivery of its first test aircraft, a Dash 8-300 from Elix Aviation Management Limited. Elix has also signed a letter of intent with Universal Hydrogen to acquire ten conversion kits for the current and future Elix leased fleet as the lessor brings new decarbonization technology to its customers.</p><p>Under the LOI, Elix is purchasing ten of Universal Hydrogen’s conversion kits for installation in its existing and future turboprop aircraft fleet. Universal Hydrogen has provided Elix flexibility to select any combination of the Dash 8-300 or ATR 72-500/600 conversion kits within this ten unit order.</p><p>The two companies have agreed to collaborate on the marketing of Universal Hydrogen’s fuel service and logistics solution to Elix’s customers. In the face of rising hydrocarbon fuel costs, particularly with evermore prevalent carbon taxes and offset obligations, green hydrogen is expected to be cost-competitive with Jet-A1 fuel by 2025, with subsequent further declining costs.</p><p>Universal Hydrogen is making hydrogen-powered commercial flight a near-term reality. The company takes a flexible, scalable, and capital-light approach to hydrogen logistics by transporting it in modular capsules over the existing freight network from green production sites to airports around the world. To accelerate market adoption, Universal Hydrogen is also developing a conversion kit to retrofit existing regional airplanes with a hydrogen-electric powertrain compatible with its modular capsule technology.</p>
