Universal Hydrogen

“Similarly, GE is an investor in us.”

“Yes, we are. The long lead item for that is FAA certification, and we have been quite conscientious about bringing the FAA on the journey with us, right? Making sure that we don't just design it and throw it over the wall and say, please certify this, right?”

“You can't repurpose existing gasoline or kerosene jet fuel infrastructure. You got to recreate it from scratch, and hydrogen molecules are very small. So this is a fairly expensive proposition, and if you multiply it out by the scale of the commercial air tran…”

“In the late 20 twenties, I think it will be absolutely impossible for either of those two companies to say, we're going to launch a brand new airplane that will burn hydrocarbons, right?”

“The airplane we are specifically targeting as the first hydrogen airplane, and which will be the largest hydrogen airplane to enter service, will be the ATR 72, which is about a 50 to 60 passenger airplane, and flies about a thousand kilometers.”

“That's about right. Yeah, just south of a hundred.”

“The volume necessary to power the kinds of flights that these airplanes fly is quite manageable within the confines of an existing sort of tube and wing airplane configuration. You got to lengthen the tube a little bit. You have to add a few meters of length i…”

“Long before a decade from now, guy, you will be able to fly on hydrogen with a major regional airline, both in the U S or in Europe or in other parts of the world. For a ticket price that will be equivalent or lower, with the comfort knowing that the airplane …”

“And I'm pleased to say that Airbus is an investor in universal hydrogen.”

“We would expect to be able to get through at least half that fleet by the early 20 thirties.”

“So our idea was let's turn hydrogen into cargo instead of jet fuel, right? So let's put hydrogen in these modular capsules and move these modular capsules the same way we move Amazon packages, right? So let's move hydrogen through intermodal freight. And when …”

“Two of the leading green hydrogen producers in the world are investors in our company, Fortescue Future Industries out of Australia and Plug Power out of New York.”