This Startup With A Better Way To Fuel Hydrogen Trucks Snags Its First Big Fundraise [Forbes]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Forbes
Verne cofounders, from left, COO Bav Roy, CTO David Jaramillo and CEO Ted McKlveen. Verne, a San Francisco startup that's developing a cheaper, lighter tank and fueling system to help semis to match the driving range and hauling ability of dirty diesel big rigs, notched its first substantial funding from private investors to commercialize the technology. If it works as tested, heavy-duty hydrogen vehicles could become an attractive option for emission-free trucking. CEO Ted McKlveen, an alumnus of the Forbes 30 under 30 list , said the new round, the first the company has disclosed, boosts cumulative investment in it to $15.5 million. He declined to say exactly how much backers including Trucks Venture Capital, Collaborative Fund, Amazon, United Airlines and Newlab put into the round, though Verne had previously raised less than $1 million, mainly in Energy Department grants, according to a PitchBook estimate. The company, named for famed French writer Jules Verne, believes its
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UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website