JetBlue invests in hydrogen fuel company

JetBlue is among a group of companies investing $20.5 million in Universal Hydrogen, which is developing a distribution and storage system for hydrogen fuel. “Our investment in Universal Hydrogen is highly aligned with JetBlue’s environmental objectives, and this partnership allows the airline a seat at the table in the fast-developing hydrogen for aviation sector and provides valuable insight into the options, progress, and viability of hydrogen to help decarbonize aircraft operations,” said Jim Lockheed, Investment principal at JetBlue Technology Ventures.