Impact Investing

Universal Hydrogen

A leader in hydrogen aviation and modular fuel logistics
Universal Hydrogen (“UH2”) is a hydrogen logistics provider which has developed modular liquid hydrogen capsules and hydrogen fuel cell aircraft conversion kits to decarbonize the aviation industry. UH2 will offer fuel logistics for a decarbonized hydrogen economy at airports, including fuel services for ground power and ground support equipment at the airport. Having flight tested the largest hydrogen-powered aircraft to date, UH2 has positioned itself as a market leader with a unique business model that will be a keystone for the aviation sector’s 2050 net-zero target.
Universal Hydrogen
Sector
Decarbonization / Hydrogen Mobility
Country
United States / France
Fund
Decarbonization
Entry
2023
Type
Growth Equity
Website
www.hydrogen.aero
Website
GO TO WEBSITE

About

Universal Hydrogen

UH2 was founded in Hawthorne, California in early 2020 by a world-class team with deep experience in the aviation sector. Since then, they have flight tested the world’s largest hydrogen fuel cell powered airplane and have received 260 orders to date for regional aircraft conversions and hydrogen fuel services. Their operations now extend to Toulouse, France with a team focused on liquid hydrogen storage and airframe conversion.

Investment Highlights

UH2’s team has certified over a dozen aircraft with extensive experience in the development and testing of aircraft, aircraft electrification and in the hydrogen supply chain. Backed by the world’s top strategic and financial investors including Airbus, General Electric, Plug Power, Toyota, American Airlines, Tencent and Playground Global, UH2 has already cemented itself as a leading player in hydrogen aviation with the Federal Aviation Administration (“FAA”) accepting their application for a Supplemental Type Certificate (“STC”) and establishing the certification basis in July 2023. With a focus on fuel logistics, UH2 seeks to support the entire aviation industry to decarbonize and addresses the key pain points that hinder the use of hydrogen as an aviation fuel in the short-term. Beyond aviation, UH2’s technology and services have widespread applications in the growing hydrogen economy for heavy-duty ground mobility, back-up power and more, with a development approach driven by aviation standards of safety, quality and performance.

Impact Investing

Universal Hydrogen

A leader in hydrogen aviation and modular fuel logistics
Universal Hydrogen (“UH2”) is a hydrogen logistics provider which has developed modular liquid hydrogen capsules and hydrogen fuel cell aircraft conversion kits to decarbonize the aviation industry. UH2 will offer fuel logistics for a decarbonized hydrogen economy at airports, including fuel services for ground power and ground support equipment at the airport. Having flight tested the largest hydrogen-powered aircraft to date, UH2 has positioned itself as a market leader with a unique business model that will be a keystone for the aviation sector’s 2050 net-zero target.
Universal Hydrogen
Sector
Decarbonization / Hydrogen Mobility
Country
United States / France
Fund
Decarbonization
Entry
2023
Type
Growth Equity
Website
www.hydrogen.aero
GO TO WEBSITE

About

Universal Hydrogen

UH2 was founded in Hawthorne, California in early 2020 by a world-class team with deep experience in the aviation sector. Since then, they have flight tested the world’s largest hydrogen fuel cell powered airplane and have received 260 orders to date for regional aircraft conversions and hydrogen fuel services. Their operations now extend to Toulouse, France with a team focused on liquid hydrogen storage and airframe conversion.

Investment Highlights

UH2’s team has certified over a dozen aircraft with extensive experience in the development and testing of aircraft, aircraft electrification and in the hydrogen supply chain. Backed by the world’s top strategic and financial investors including Airbus, General Electric, Plug Power, Toyota, American Airlines, Tencent and Playground Global, UH2 has already cemented itself as a leading player in hydrogen aviation with the Federal Aviation Administration (“FAA”) accepting their application for a Supplemental Type Certificate (“STC”) and establishing the certification basis in July 2023. With a focus on fuel logistics, UH2 seeks to support the entire aviation industry to decarbonize and addresses the key pain points that hinder the use of hydrogen as an aviation fuel in the short-term. Beyond aviation, UH2’s technology and services have widespread applications in the growing hydrogen economy for heavy-duty ground mobility, back-up power and more, with a development approach driven by aviation standards of safety, quality and performance.

Impact Investing

Universal Hydrogen

A leader in hydrogen aviation and modular fuel logistics
Universal Hydrogen (“UH2”) is a hydrogen logistics provider which has developed modular liquid hydrogen capsules and hydrogen fuel cell aircraft conversion kits to decarbonize the aviation industry. UH2 will offer fuel logistics for a decarbonized hydrogen economy at airports, including fuel services for ground power and ground support equipment at the airport. Having flight tested the largest hydrogen-powered aircraft to date, UH2 has positioned itself as a market leader with a unique business model that will be a keystone for the aviation sector’s 2050 net-zero target.
Universal Hydrogen
Sector
Decarbonization / Hydrogen Mobility
Country
United States / France
Fund
Decarbonization
Entry
2023
Type
Website
www.hydrogen.aero
Growth Equity
JV Partner
www.hydrogen.aero

About

Universal Hydrogen

UH2 was founded in Hawthorne, California in early 2020 by a world-class team with deep experience in the aviation sector. Since then, they have flight tested the world’s largest hydrogen fuel cell powered airplane and have received 260 orders to date for regional aircraft conversions and hydrogen fuel services. Their operations now extend to Toulouse, France with a team focused on liquid hydrogen storage and airframe conversion.

Key Figures

Location
Sydney, New South Wales
Site Area
1,681 m2 (combined development site)
Asset Class
Office
Occupancy
100%
Location
Adelaide, South Australia
Gross Lettable Area
23,243 m2
Asset Class
Retail
Passing Yield
5.2% (at acquisition)
Tenants
90 (at acquisition)
Location
Melbourne, Victoria
Site Area
258,885 m2
Asset Class
Mixed-use
(Residential and Commercial)
Residences
1,000+
Location
Melbourne, Victoria
Site Area
15,745 m2
Asset Class
Office (with supporting retail)
Net Lettable Area
up to 56,000 m2 (upon completion)

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