Destinus, a Swiss company, announced that it has been testing its hypersonic, hydrogen-powered passenger jet prototype for several years in order to significantly reduce long-haul travel times. The company is committed to creating environmentally responsible transportation solutions. Its hydrogen engine technology is a key component of this strategy, with supporters emphasizing its environmental credentials because the main byproducts of hydrogen combustion are heat and water.
The company is committed to promoting sustainable investing practices through its ESG policies, acknowledging their importance to impact investors.
With a €12 million investment, the company has been working on its hydrogen-powered passenger plane, the Eiger, and just recently declared that the test flights of its second prototype were successful.
For the development of a hydrogen engine test facility, Destinus has teamed up with the Spanish engine manufacturer ITP Aero. This collaboration is part of the company’s ongoing efforts to promote sustainable practices and reduce carbon emissions. The development of a testing facility near Madrid where the air-breathing hydrogen engines will be put through their paces will be funded by a grant from the Spanish government.
As they are in accordance with Spain’s and Europe’s strategic goals to promote hydrogen flight, Destinus’ ESG practices have been crucial to the company’s success. With these procedures in place, the company has been able to get access to EU recovery funds, which are critical for conducting advanced research and accelerating the innovation required to be globally competitive.
Destinus aims to revolutionize sustainable transportation through hydrogen engine technology and position itself as a leading developer and producer of hydrogen-based mobility solutions.