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The use of hydrogen in aviation just keeps accelerating. This week, we're seeing everything from governmentbacked flying taxis to aircraft with 10 times more range. Hi, I'm Steve Hill, CEO of NewHydrogen, with this week's top hydrogen news. Hydrogen flight is no longer theory in Australia. It's getting real backing. AMSL arrow has secured nearly $2 million from the government to push forward its Verdia hydrogen electric VTOL.
This is more than a grant. It's a statement that countries are serious about investing in hydrogen as the backbone of future aviation. And progress isn't just about aircraft. At NewHydrogen, we're developing ThermoLoop, a system for producing hydrogen from nothing more than heat and water.
No electrolysis, no fossil fuels. We've already proven that the thermmochemical pathway works. And now we're refining the materials so that the reaction can keep looping efficiently, generating hydrogen and oxygen again and again. That's the kind of foundational technology that makes projects like these VTOLs and hydrogen aircraft possible. Next, hydrogen is also making moves on the ground. Molly powertrain and META are showcasing a conversion solution that can turn existing diesel trucks into hydrogen-powered vehicles.
This is a clever approach because it allows operators to reduce emissions immediately instead of waiting for entirely new fleets. The impact is significant. Millions of diesel trucks worldwide could eventually be upgraded, cutting emissions while keeping supply chains moving. Back to Australia, Stralles aircraft continues to innovate. We recently reported on their Beachcraft Bonanza conversions using lightweight high temperature PM fuel cells.
Now they're partnering with Advent Technologies whose advanced fuel cell components could boost range by as much as 10 times. Ground testing is complete and the first flight is expected later this year. That kind of leap in performance changes the conversation around what hydrogen aircraft can realistically achieve. Across the globe, from flying taxis and regional planes to heavy-duty trucks, the story is clear.
Hydrogen is moving from experimental to essential. But here's the fact. None of this innovation works without one thing, cheap, clean hydrogen. NewHydrogen is uniquely positioned to make that a reality. If you want to see the future of hydrogen production right now, go to new hydrogen.com and watch our benchtop demo in action. And check out the explainer video. This is where tomorrow's hydrogen breakthroughs are being tested today. Thanks for watching and we'll see you again next week.