tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

United Airlines invests in Natron Energy

United Airlines announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment like pushback tractors and operations at the gate. United has made substantial investments in companies developing technology to reduce aircraft emissions, but Natron is the first that has the potential to reduce the greenhouse gas footprint from United’s ground operations. Natron plans to use the funds to accelerate production at its manufacturing facility in Holland, Michigan, where it will scale operations to begin mass production of UL-listed sodium-ion batteries in 2023.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on UAL:

Disclaimer & DisclosureReport an Issue

1