# HydrogenOne invests £5M in Cranfield Aerospace Solutions

HydrogenOne, a London-listed clean hydrogen fund, invested £5 million in Cranfield Aerospace Solutions. The investment is part of a consortium funding round of up to £10 million to support the merger with Britten-Norman to develop the world's first zero-emissions commercial aircraft.

- Type: Investment
- Announced: 2023-05-03
- Where: United Kingdom
- Value: $6.20M (5.00M GBP)
- Status: announced
- Products: zero-emissions aircraft, hydrogen-electric fuel cell propulsion
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Cranfield Aerospace Solutions](https://endata.com/companies/20403.md)
- [Britten-Norman](https://endata.com/companies/69867.md) (partner)
- [Safran Corporate Ventures](https://endata.com/companies/69869.md) (investor)
- [Strategic Development Fund](https://endata.com/companies/69870.md) (investor)
- [HydrogenOne](https://endata.com/companies/70071.md) (investor)

## Sources

- [gowlingwlg.com](https://gowlingwlg.com/en/insights-resources/client-work/2023/hydrogenone-investment-in-cranfield-aerospace), 2023-05-03: "The Energy team has advised HydrogenOne on its £5 million investment in Cranfield Aerospace Solutions Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.