{"id":25837,"date":"2024-08-05T11:01:28","date_gmt":"2024-08-05T09:01:28","guid":{"rendered":"https:\/\/ggba.swiss\/?p=25837"},"modified":"2024-08-05T11:01:29","modified_gmt":"2024-08-05T09:01:29","slug":"electric-aviation-pioneer-h55-secures-chf-65-million","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/electric-aviation-pioneer-h55-secures-chf-65-million\/","title":{"rendered":"Electric aviation pioneer H55 secures CHF 65 million"},"content":{"rendered":"\n<p>Founded in 2017, <a href=\"https:\/\/www.h55.ch\/\">H55<\/a> emerged from the Solar Impulse project and is headquartered at the <a href=\"https:\/\/www.energypolis.ch\/?lang=en\">Energypolis<\/a> campus in Sion (canton of Valais). The company has positioned itself at the forefront of the electric aviation industry, driven by its commitment to safety, performance, and sustainability.<\/p>\n\n\n\n<p>The newly raised funds will enable H55 to complete the necessary testing for European Union Aviation Safety Agency (<a href=\"https:\/\/www.easa.europa.eu\/en\">EASA<\/a>) certification of its propulsion battery packs by the end of the year. This milestone will make H55 the first company to meet the certification requirements for CS-23 category aircraft. &#8220;Being just months away from meeting all battery certification requirements positions us to be market leaders, a significant achievement for H55,&#8221; said Andr\u00e9 Borschberg, Co-Founder and Executive Chairman of H55.<\/p>\n\n\n\n<p>In March 2024, <a href=\"https:\/\/ggba.swiss\/en\/h55s-battery-system-receives-approval-from-the-european-union-aviation-safety-agency\/\">EASA approved H55&#8217;s Energy Storage System (ESS) compliance checklist<\/a>, confirming that it meets current operational and environmental standards. Subsequent rigorous testing validated the safety and performance of H55&#8217;s battery packs, further establishing the company as a leader in electric aviation innovation.<\/p>\n\n\n\n<p>The financing round will also support H55&#8217;s expansion in North America, specifically through the construction of a new manufacturing facility in Montreal. This new facility will enhance product development and technical customization for key customers including Pratt &amp; Whitney Canada, CAE and Harbour Air.<\/p>\n\n\n\n<p>The CHF 65 million Series C round builds on the company&#8217;s momentum from previous financing successes. In September 2023, <a href=\"https:\/\/ggba.swiss\/en\/h55-raises-chf-45-million-to-continues-its-ascension-in-electric-aviation\/\">H55 raised CHF 45 million<\/a> to accelerate its efforts to commercialize electric and hybrid propulsion solutions. H55&#8217;s commitment to advancing electric aviation is further evidenced by the recent EASA approval of its electric battery system and <a href=\"https:\/\/ggba.swiss\/en\/h55-is-shaping-the-future-of-electric-aviation-in-the-canton-of-valais\/\">ongoing collaborations with industry leaders<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>H55, a Valais-based pioneer in electric aviation technologies, has announced the successful closing of its Series C financing round, raising CHF 65 million.<\/p>\n","protected":false},"author":6,"featured_media":25838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[853],"tags":[903,905,936,894,899],"class_list":["post-25837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleantech-en","tag-aerospace","tag-eco-mobility","tag-energy","tag-financing","tag-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Electric aviation pioneer H55 secures CHF 65 million | GGBa<\/title>\n<meta name=\"description\" content=\"Valais-based H55 has announced the successful closing of its Series C financing round, raising CHF 65 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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