With a capital rise being launched via the online trading platform VCEX as the company looks to build towards hydrogen-powered aircraft by 2023.

The partnership will provide Aviation H2 with several key aspects in the development of hydrogen=powered aircraft.

Included within this is access to the FalconAir Bankstown hangar, facilities and operating licenses.

As well as this, FalconAir will help Aviation H2 in testing the engines and the aircraft itself expected to be used to deliver the project.

A key aspect is also FalconAir aiming to leverage its expertise to help communicate with aviation authorities in a bid to accelerate the certification process.

With this, Aviation H2 has stated that it is still on target to have a plane in the sky by the middle of 2023.