H55's Innovation Lands CHF 45 Million for Eco-Friendly Aviation

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H55’s Innovation Lands CHF 45 Million for Eco-Friendly Aviation

Posted by: Baris Karapinar
Category: ESG News

H55, a pioneering Swiss company in electric aviation, is making significant strides toward a greener future. Based in Sion on the Energypolis campus, H55 was established in 2017 from the innovative Solar Impulse project. It is at the forefront of transforming the aviation industry to be carbon-neutral.

In 2023, H55 achieved a major advancement by securing CHF 45 million in funding. This investment will support their expansion in Switzerland and Canada, boosting their team to about 200 employees in Sion. This growth reflects H55’s influential role in sustainable aviation.

Under the leadership of Executive Chairman Andr√© Borschberg, H55 focuses on strategic alliances rather than just venture capital. Partnerships with industry giants like Raytheon are crucial for developing electric propulsion technologies. A key innovation is the Bristell Energic, an electric two-seater aircraft, showcasing H55’s expertise in electric motors and battery safety.

H55’s expansion includes a new assembly site in Quebec, Canada, emphasizing their commitment to global carbon neutrality. Their efforts are part of a broader aim to make regional and eventually longer flights more sustainable.

H55’s journey is marked by significant collaborations and technological advancements. Their work with Pratt & Whitney on a hybrid-electric program and Harbour Air to electrify commercial planes demonstrates their dedication to reducing aviation’s carbon footprint. With strong support from the canton of Valais, H55 is aligned with the aviation industry’s goal for carbon neutrality by 2050, focusing on sustainable regional transportation.

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