United Airlines Announces Creation of $100 Million Fund to Support Startups Working on Aviation Decarbonization

Written by Bruno Teles

Published on 22/02/2023 at 15:06

Updated on 17/03/2023 at 16:56

Descarbonização da aviação (Foto/divulgação)

Seja o primeiro a reagir!

United Airlines Announced Today the Launch of United Airlines Ventures Sustainable Flight Fund (UAV Sustainable Flight Fund), an Innovative Investment Vehicle Designed to Support Start-Ups Focused on Decarbonizing Aviation.

With over US$ 100 million in investments from United and its partners, Air Canada, Boeing, GE Aerospace, JPMorgan Chase, and Honeywell, this fund serves to accelerate research in decarbonizing aviation, production, and technologies associated with sustainable aviation fuel (SAF).

However, for the first time among U.S. airlines, anyone purchasing a ticket on United’s website or app has the option to contribute to supplement United’s investment in the fund. The first 10,000 people who choose to contribute will receive 500 MileagePlus miles as a thank you.

SAF is an alternative to conventional aviation fuel that reduces greenhouse gas (GHG) emissions associated with air travel compared to conventional aviation fuel. SAF can be produced from used cooking oil and agricultural waste and could eventually be produced from other feedstocks, including household waste or forest residues. So far, United has invested in the future production of over three billion gallons of SAF.

ARTICLE CONTINUES BELOW

United Airlines Announces Creation of $100 Million Fund to Support Startups Working on Aviation Decarbonization

United Airlines Announced Today the Launch of United Airlines Ventures Sustainable Flight Fund (UAV Sustainable Flight Fund), an Innovative Investment Vehicle Designed to Support Start-Ups Focused on Decarbonizing Aviation.

ProQR Project

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Fire survivors who lost 168 people in Hong Kong use robotic legs to climb to the 13th floor and recover their belongings just three hours after being displaced for four months.

Austrian typed his grandfather’s name and discovered in seconds that he joined Hitler’s party days after Germany annexed Austria in 1938: the tool that is shaking families in Europe.

Government enacts new law requiring ex-couples to share custody of pets in case of divorce, with rules for time of cohabitation, veterinary expenses, and loss of ownership in cases of animal abuse.

U.S. Marines in the Middle East ration food and share portions among themselves while families spend thousands of dollars on packages that never arrive.

Reaching the end of the common router: Wi-Fi 7 advances in Brazil with the 6 GHz band released, channels of up to 320 MHz, and the ability to reach up to 46 Gbps, taking home internet to a new level of speed and stability.

United Airlines Announces Creation of $100 Million Fund to Support Startups Working on Aviation Decarbonization

United Airlines Announced Today the Launch of United Airlines Ventures Sustainable Flight Fund (UAV Sustainable Flight Fund), an Innovative Investment Vehicle Designed to Support Start-Ups Focused on Decarbonizing Aviation.

ProQR Project

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

The seven-blade propeller could equip the M700 FURY aircraft, making it quieter and more efficient, after certification from EASA.

Recycled tire asphalt, Wi-Fi, and electric charging: meet the smart highway that is changing the future of Brazilian roads.

Engineers are assembling 89 blocks of 73,500 tons like giant Lego at the bottom of the Baltic Sea at a depth of 40 meters to create the world’s largest underwater tunnel between Germany and Denmark.

Switzerland has hidden more than 1,400 tunnels beneath the Alps with 2,000 km of tracks, invested $10 billion over 14 years, and has already removed 33% of trucks from the mountain roads.

New smart radar starts fining those who drive alone, and technology is already changing rules on busy roads in Europe.

Fire survivors who lost 168 people in Hong Kong use robotic legs to climb to the 13th floor and recover their belongings just three hours after being displaced for four months.

Austrian typed his grandfather’s name and discovered in seconds that he joined Hitler’s party days after Germany annexed Austria in 1938: the tool that is shaking families in Europe.

Government enacts new law requiring ex-couples to share custody of pets in case of divorce, with rules for time of cohabitation, veterinary expenses, and loss of ownership in cases of animal abuse.

U.S. Marines in the Middle East ration food and share portions among themselves while families spend thousands of dollars on packages that never arrive.

Reaching the end of the common router: Wi-Fi 7 advances in Brazil with the 6 GHz band released, channels of up to 320 MHz, and the ability to reach up to 46 Gbps, taking home internet to a new level of speed and stability.