ZeroAvia CEO Val Miftakhov to Attend World Economic Forum Annual Meeting in Davos
April 28, 2022
Hollister, Calif. & Kemble, UK, April 28th, 2022 — Val Miftakhov, founder and CEO of ZeroAvia, the leader in developing zero-emission solutions for commercial aviation, has been invited to attend the World Economic Forum (WEF) annual meeting in Davos, Switzerland. Val will attend the event next month (from 22 to 26 May) with a view to discussing the urgency of tackling climate emissions in aviation and the corresponding opportunities for economies, businesses and communities.
Last year, ZeroAvia was named a Technology Pioneer by WEF, and the company also joined WEF panels at the COP26 conference in Glasgow. The theme of this year’s annual meeting in Davos, initially delayed by COVID, will be “History at a Turning Point: Government Policies and Business Strategies”.
Val Miftakhov, CEO and founder of ZeroAvia, said:
“The event in Davos brings together some of the most influential people from a variety of sectors with a theme this year that speaks to the urgency we need. The most recent IPCC report strongly stressed the need for all sectors to reduce emissions to avert disaster, and it is important to raise awareness with business and political leaders that aviation must pursue the farthest reaching solutions as soon as possible. This invitation is a great recognition of ZeroAvia’s leadership in addressing one of the thorniest climate change challenges.”
ZeroAvia is focused on developing hydrogen-electric propulsion as the only practical, holistic and economically attractive solution to aviation’s growing climate change impact. The company’s hydrogen-electric powertrains use fuel cells to generate electricity that powers electric motors to then turn propellers. Unlike alternatives like synthetic fuels in conventional combustion engines - which still produce carbon emissions and other climate forcing non-carbon emissions like nitrogen oxides (NOx), sulphur oxides (SOx), particulates and soot - hydrogen-electric systems produce only water vapor, and at temperatures that enable the management of contrail impact.
ZeroAvia’s development of the 600kW system for 10-20 seat aircraft is part of the HyFlyer II project, supported by the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS), Aerospace Technology Institute (ATI) and Innovate UK through the ATI Programme. Concurrently, the company is working on its next-generation system, a 2-5MW modular powertrain which targets support for 40-80 seat turboprops by 2026, and regional jets by 2028. The Company has already announced aircraft manufacturer and launch operator partnerships for all of these three segments. Following regional jet applications, the Company expects to apply its technology to narrow-body aircraft in early 2030, allowing it to address over half of the aviation industry’s total climate impact.
ZeroAvia is a leader in zero-emission aviation, focused on hydrogen-electric propulsion solutions. Initially targeting a 500-mile range in the 10-20 seat aircraft used for commercial passenger transport, cargo, agriculture, and more, the company is also working to scale up its powertrain technology for large turboprops and regional jets. 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 2024. The company’s UK operations are supported by grants from the 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.
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