JetBlue Technology Ventures has invested in Universal Hydrogen to accelerate decarbonization efforts in aviation by making hydrogen a viable alternative to traditional jet fuel.

Target Company Overview

Universal Hydrogen (UH2) is an innovative startup dedicated to decarbonizing the aviation industry by making hydrogen a viable substitute for conventional jet fuel. As a leader in hydrogen containment, distribution, and powertrain technology, UH2 is paving the way for significant reductions in carbon emissions within aviation and other transportation sectors, such as maritime, trucking, and rail.

The company aims to provide a sustainable alternative that not only fulfills the growing demand for eco-friendly travel but also meets the industry's financial objectives by reducing fuel costs.

Industry Overview in the Aviation Sector

The aviation industry is under increasing pressure to address its environmental impact, particularly regarding carbon emissions, which represent one of its most significant externalities. As many airlines grapple with extensive operational costs, fuel consumption remai