German spare car parts manufacturer ElringKlinger will develop hydrogen fuel cell technology for the aviation market as part of a new partnership with aerospace giant Airbus.
The two companies will work together to initially develop and validate aviation-compatible fuel cell stacks in the coming years.
The partnership includes the creation of a joint company which ElringKlinger said it will own a non-controlling interest in and Airbus will hold the majority stake.
ElringKlinger said it will provide the newly established company with access to technology relevant to hydrogen-powered fuel cells, while in turn receiving compensation in the low to mid double-digit million euro range.
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