ZeroAvia, the American and British provider of zero-emission solutions for commercial aviation, has acquired California-based fuel cell stack innovator HyPoint, according to a press release.
The financial terms of the deal were not disclosed.
The acquisition adds HyPoint’s high-temperature fuel cell technology – an avenue for increasing power output and energy density of aviation fuel cell powertrains – to ZeroAvia’s expertise in developing the full powertrain to enable hydrogen-electric flight.
All 40 HyPoint team members will be integrated into ZeroAvia, working across the R&D locations in Kemble, Gloucestershire and HyPoint’s location in Sandwich, Kent.
HyPoint’s CEO Alex Ivanenko joins ZeroAvia as GM for VTOL and New Segments, to develop ZeroAvia’s rotorcraft business applications, and to explore other applications outside of ZeroAvia’s core focus on fixed-wing commercial aviation.
The two companies have worked together on co-developing and testing HTPEM fuel cell technology as part of ZeroAvia’s powertrain development over the last couple of years, with HyPoint relocating the bulk of its R&D into the UK in February 2022 to support the partnership.
This new development comes on the heels of the announcement of a deal with ZeroAvia’s long-term fuel cell partner PowerCell which will see the serial delivery of hydrogen fuel stacks beginning in 2024.
