Electrification & Sustainability

US aerospace firms and fuel producers land $291m in grants as FAA pushes cleaner technology – Flight Global, Aug. 19

By In The News | August 22, 2024
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The U.S. Federal Aviation Administration (FAA) granted $291 million in subsidies to several aerospace and aviation companies focused on promoting sustainable aviation fuel (SAF) and low- or zero-emission technologies, FlightGlobal reported. Recipients through the FAA’s Fueling Aviation’s Sustainable Transition program included both major and start-up companies including Boeing, Honeywell, Heart Aerospace, JetZero, and Wright Electric. The grants, with funding via the 2022 Inflation Reduction Act, were announced on August 16, with the vast majority of funds going to projects focused on production, transportation, blending and storage of SAF.

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