Hyliion Awarded US Government Contract for Game-Changing KARNO Generator for the US Navy
Hyliion Holdings Corp. Class A (HYLN)
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) ("Hyliion"), a developer of sustainable electricity-producing technology, has been awarded a $15+ million contract by the Office of Naval Research (ONR) to develop its groundbreaking KARNOTM generator for Navy ships and stationary power applications.Upon successful validation and demonstration, the Hyliion KARNO generator could be used as a power system in future platforms, providing US Naval operations with scalability and flexibility while significantly reducing maintenance, emissions, and fuel consumption."At Hyliion, we are dedicated to delivering innovative power generation solutions that prioritize our customers' need for efficiency and reliability,” said Thomas Healy, Founder and CEO of Hyliion. "This new partnership with the ONR is a testament to the performance and potential of our KARNO generator technology. We're incredibly proud to contribute to the future of the US military and help them achieve their
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News
- Hyliion Holdings Corp. (HYLN) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Hyliion Holdings Reports Third-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Hyliion Holdings Reports Third-Quarter 2024 Financial ResultsBusiness Wire
- Hyliion Successfully Showcases the KARNO Generator’s Uninterrupted Multi-Fuel OperationBusiness Wire
- Hyliion to Present at Sidoti Virtual ConferenceBusiness Wire
HYLN
Earnings
- 11/14/24 - Beat
HYLN
Sec Filings
- 11/22/24 - Form 4
- 11/20/24 - Form 4
- 11/18/24 - Form 4
- HYLN's page on the SEC website