The board of hydrogen-powered flight start-up Universal Hydrogen (Moses Lake) has decided to wind up the company after failing to raise further finance and/or sell the business. According to the Seattle Times, Chairman and CEO Mark Cousin wrote to shareholders on June 27 to inform them of the decision.

Universal Hydrogen made headlines in March 2023 when it flew a 40-passenger ATR – Avions de Transport Régional turboprop for 15 minutes over Washington state using hydrogen fuel cell propulsion.

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Source: ch aviation
Read more: US's Universal Hydrogen goes bust