APUS Zero Emission Enters Provisional Insolvency Amid Challenges in Green Hydrogen Aviation – World Energy
APUS Zero Emission, a pioneer in hydrogen aircraft development, has entered provisional insolvency proceedings as it grapples with financial viability issues in the slowly transitioning green aviation sector.
APUS Zero Emission GmbH, based in Strausberg, has been placed under provisional insolvency administration by the Frankfurt (Oder) District Court. This move comes as the company faces challenges in sustaining its operations amid a slow shift towards alternative energy forms in aviation. The court aims for either an orderly continuation or liquidation of the company.
The company, which has…
