Wright Selected for $3.34M Award From FAA FAST for Ultra-Lightweight Batteries
Summary
MALTA, N.Y., August 19, 2024--(BUSINESS WIRE)--Wright Electric and its partners have been selected to receive a $3.34M award from the FAA FAST program to develop a new class of batteries that will enable zero emission aircraft flights on large 100+ passenger aircraft.It is widely agreed that lightweighting batteries is the most difficult technical challenge preventing the adoption of electric aircraft. "As one of the leading advocates in Congress for innovation and the advancement of clean energy technologies, Im thrilled to see Maltas own Wright Electric receive this significant infusion of federal funding," says Congressman Paul D. Tonko. "This grant, one of just 36 awarded nationwide through the FAA FAST program, will deliver $3.34 million to advance Wrights groundbreaking work on ultra-lightweight batteries for use on commercial passenger flights. When I visited their facility in 2022, I was deeply impressed by their commitment to pioneering zero-emission regional flights, and Ive been proud in recent years to support their efforts to secure new federal investments. This award represents a critical step forward for Wright Electric and for our Capital Region, as we continue to lead the nation in the fight against climate change.