The German government is investing around $10 million in work led by H2Fly and Diehl to develop hydrogen-electric powertrains for 40- to 80-seat aircraft.
The German government’s Digital and Transport department is backing the new Balis 2.0 project to develop hydrogen-powered regional airliners with €9.3 million ($10 million) in funding
Amazing how little the German state is willing to invest. Companies in the US get 100 times that for making shit video playing services
The streaming landscape Quibi was seeking to disrupt is full of heavy hitting competitors like Netflix and Amazon, which have massive budgets. While Quibi raised $1.75 billion from investors, it wasn’t enough to compete against the financial resources of bigger companies.
-NBCNewsAt least 9.3M is something but goodness me is it laughable in comparison.
