hawthorne

The local startup is planning to retrofit hydrogen power into aircraft aiming to get commercial flights powered by renewable energy in four years.

Hawthorne-based Universal Hydrogen announced Thursday it raised $20.5 million in Series A financing round with a syndicate involving Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, and led by Palo Alto-based venture fund Playground Global.

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SpaceX clinched a $159.7 million contract from the Space Force to launch two missions into orbit by 2023.

The new contract was from the Department of Defense's Space Force, as part of their project dubbed "National Security Space Launch Phase 2." It also granted $224.3 million for United Launch Alliance, a Colorado-based joint venture between Boeing's Defense, Space & Security division and Lockheed Martin Space, created in 2006.

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