Universal Hydrogen, the company fueling carbon-free flight has signed an LOI with Icelandair Group. Icelandair and Universal Hydrogen will pursue the implementation of green hydrogen, a carbon-free aviation fuel, as a propellant for Icelandair’s domestic aircraft fleet.

Universal Hydrogen is enabling this transformation with its aftermarket hydrogen conversion kit for regional aircraft, as well as a fuel distribution system based on a unique modular hydrogen capsule technology.

This LOI is the first step of an ambitious multilateral initiative, which requires working with Icelandic hydrogen producers, transportation companies, and airports. In a country with an electricity network powered by renewable energy, this represents an opportunity to decarbonize one of the most challenging industries – aviation.

Given a positive outcome of the project and upon completion of the Dash 8 conversions of the Icelandair domestic fleet, Universal Hydrogen and Icelandair would enter into a long-term fuel services contract to provide cost-effective green hydrogen for Icelandair’s fleet at scale. The net outcome of this relationship is to realize operational efficiencies as sustainability objectives are achieved.

“We are excited for this partnership with Icelandair as it represents an early opportunity to build an entirely carbon-free aviation ecosystem,” said Paul Eremenko, co-founder and CEO of Universal Hydrogen. “Iceland’s abundance of geothermal and hydroelectric power position it perfectly to be an early adopter of green hydrogen for its domestic aviation network.”