Spain Invests €27M in Hypersonic Hydrogen-Powered Jet Technology

Swiss startup Destinus sets its eyes on building a hypersonic airplane fueled with hydrogen that blazes from city to city in a blink of an eye with less emission. The hypersonic plane speeds through velocities more than five times the speed of sound. ‘You can reach the other side of the world in three to four hours without compromising on versatility, cost, or noise,’ says Destinus. In fact, the airplane team says that flying from Frankfurt to Sydney can be cut down to only four hours and 15 minutes instead of the usual 20 hours. Continue reading

DroneUp and Doosan Test Hydrogen Fuel Cell Technology for Drones

DroneUp, LLC, an autonomous drone delivery platform and drone services provider, has announced that it has agreed to test new hydrogen fuel cell technology created by Doosan Mobility Innovation (DMI), a South Korean based company. The DMI and DroneUp agreement was first initiated in October 2022 and is focused on testing and optimizing a reliable system suitable for scalable operational needs. Continue reading

Pinnacle Reduces Stake in AeroVironment, Prompting Investor Interest

The world of aerospace technology is constantly evolving and companies like AeroVironment (NASDAQ:AVAV) are at the forefront of unmanned aircraft systems and electric transportation solutions. However, recent news suggests that Pinnacle Associates Ltd. has reduced its position in AeroVironment by 2.2% during the fourth quarter. This drop in shares may be intriguing for those who want to know more about the company’s financial performance. Continue reading