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ZeroAvia and PowerCell sign deal for serial delivery of LTPEM hydrogen fuel cell stacks

ZeroAvia and PowerCell sign deal for serial delivery of LTPEM hydrogen fuel cell stacks

October 5, 2022

  • PowerCell and ZeroAvia have signed the world’s first contract ever covering the serial delivery of hydrogen fuel stacks to the aviation industry.

  • The agreement is conditioned on ZeroAvia obtaining necessary certifications, and comprises 5,000 hydrogen fuel cell stacks with deliveries planned to start in 2024.

ZeroAvia and PowerCell sign deal for serial delivery of LTPEM hydrogen fuel cell stacks

The deal follows the Memorandum of Understanding which was announced 18 July 2022. ZeroAvia focuses on hydrogen-electric aviation solutions and aims to launch a 19-seat aircraft with 300-mile range by 2025. ZeroAvia has already passed significant flight test milestones and has a number of key partnerships with major aircraft OEMs and major global airlines such as British Airways, United Airlines and American Airlines.


PowerCell will, upon completed aviation certifications, deliver a total of 0.5 GW fuel cells comprising of 300 kW superstack modules based on the industrialized 100 kW fuel cell stack. The fuel stacks will be used by ZeroAvia to manufacture a 600 kW, low-temperature, hydrogen-electric powertrain for the certified 19-seat, fuel cell-powered commercial aircraft.

As part of the agreement, PowerCell will establish a unit in the UK for final assembly and the adaptation of the stacks to ZeroAvia’s fuel cell system and application. The new unit will give PowerCell both proximity to the customer and the significant aviation market.

After conducting demonstration of 6-seat R&D prototypes, ZeroAvia is preparing for the inaugural test flight of its 600kW hydrogen-electric engine in the coming days, including the use of PowerCell fuel cell stacks as part of these systems. The company is also retrofitting a second Dornier-228 testbed in Hollister, California, to conduct further flight tests and demonstrations in the important North American market.

Richard Berkling

Richard Berkling, CEO, PowerCell Sweden AB, said:

“We are proud of this serial delivery deal which shows that the demanding aviation industry, which is leading the development of hydrogen electric applications, recognizes our positioning and offering 'Industrialized Innovation' as truly value-creating. We look forward to continue the close cooperation with clean aviation leader ZeroAvia, and the joint contribution to an aircraft fleet with zero emissions.”

Val Miftakhov, ZeroAvia, Founder & CEO, said:

“We  aim to power a revolution in green flight and hydrogen-electric  powertrains are the only viable, scalable solution for zero-emission  aviation. We are addressing a multi-billion dollar market for converting  aircraft to zero-emission engines, and we need the surety of high  quality LTPEM fuel cell stacks in our supply chain to meet that  opportunity. This deal gives us that certainty from a provider that has  formed a big part of our early designs and testing towards a certifiable  system.”

Val Miftakhov

About ZeroAvia

ZeroAvia is a leader in zero-emission aviation, focused on hydrogen-electric aviation solutions to address a variety of markets, initially targeting a 300-mile range in 9–19 seat aircraft by 2025, and up to 700-mile range in 40–80 seat aircraft by 2027. Based in the UK and USA, ZeroAvia has already secured experimental certificates for its two-prototype aircraft from the CAA and FAA, passed significant flight test milestones, secured a number of key partnerships with major aircraft OEMs and major global airlines, and is on track for commercial operations in 2025. The company’s expanding UK operations are supported by grants from UK’s Aerospace Technology Institute and Innovate UK, and ZeroAvia is part of the UK Government’s Jet Zero Council. For more, please visit ZeroAvia.com, follow @ZeroAvia on Twitter, Instagram, and LinkedIn.



About Powercell Sweden AB (publ)

PowerCell Sweden AB (publ) develops and produces fuel cell stacks and systems for stationary and mobile applications with a world class energy density. The fuel cells are powered by hydrogen, pure or reformed, and produce electricity and heat with no emissions other than water. As the stacks and systems are compact, modular and scalable, they are easily adjusted to any customer need. PowerCell was founded in 2008 as an industrial spinout from the Volvo Group. The share (PCELL) is since 2014 subject to trade at Nasdaq First North Growth Market, Stockholm. G&W Fondkommission is Certified Adviser.

For further information, please contact:


ZeroAvia

press@zeroavia.com

Powercell Sweden AB

+46 8 503 000 50

ca@gwkapital.se

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