Capital Raising
COMPLETED
Aviation H2 Limited
Revolutionising the Aviation Industry
INDUSTRY
Technology
RAISING
A$2.5M
PRE-MONEY VALUATION
A$8M
OFFER PRICE
A$0.06
Company Overview
Aviation H2 is building Australia’s first hydrogen plane, which is expected to be in the sky by 2023. Once complete, they will have a state-of-the-art method for converting aircraft to carbon-free fuel.
Feasibility study successfully completed – Results were positive, showing that converting a Falcon 50 to Liquid Ammonia Turbofan Combustion as the most efficient and commercially viable avenue to building a hydrogen-powered planeCompany is scheduled to start testing to prove the concept by modifying turbofan engines
High calibre team consisting of world-renowned engineersUtilising current technologies and infrastructure for future customers, allowing them to modify the aircraft they have already invested in, rather than buy a whole new fleet
Aviation H2 will have a patentable method for modifying aircraft so they operate on carbon-free fuel one tests are proved successful in 2023
IPO Q4 2023– Once the test flight is proved successful, Aviation H2 will seek a listing on a major exchange to fund the commercialisation of its technology
Early entry into a ground-breaking business set to redefine aviation standards and decarbonise an industry worth over US$330B
Access to an Australian-first technology, which uses state-of-the-art applications scalable across international markets
Lucrative exit strategies available to the Company; including seeking a listing, licensing the technology to the existing plane fleet, licensing the technology to new fleet builds and potential for acquisition by an OEM aerospace manufacturer