Bussiness
Sustainable aviation firm ZeroAvia receives £20m backing from SNIB
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
ZeroAvia’s hydrogen technology could be used on planes to the Highlands and Islands
1. The Scottish National Investment Bank is backing a sustainable aviation firm with £20 million.
ZeroAvia was formed in the United States and is developing zero-emission hydrogen-electric engines for commercial aircraft. It has plans to establish a manufacturing facility in Scotland using the funding from the SNIB.
Short routes in the Highlands and Islands have been earmarked as having the potential to use that type of technology.
ZeroAvia has a partnership with Glasgow and Aberdeen airports as well as an agreement with Scottish Power to develop low-carbon hydrogen supplies for aviation hubs.
Val Miftakhov, the founder and chief executive of ZeroAvia, said: “Scotland’s ambitious net-zero targets, its
Experiencing Links Golf At Unique Courses Throughout Scotland – Town-Crier Newspaper
Glasgow out to defend title as Edinburgh try harder
Labour MP urges UK government to nationalise Grangemouth refinery
The peculiar Holyrood jousting style of Douglas Ross
New Glasgow tech hub among largest in Europe
Kylie Minogue announces Scottish date as part of 2025 world tour
He Is Class, A Class Act – Celtic Star Seriously Impresses Former Scotland Man
Declan Gallagher hoping Dundee Utd form can help him win Scotland recall
Kylie Minogue announces world tour with dates in Scotland
