Hyliion Holdings Corp. (HYLN) and Victory Clean Energy Inc. (VYEY) have formed a non-binding Letter of Intent (LOI) to facilitate the release of up to ten KARNO generators.
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In an innovative merger of expertise, Hyliion Holdings Corp., developers of sustainable electricity-producing technology, has partnered with BayoTech, creators of hydrogen production, transportation, and storage solutions. The agreement seeks to tap into each other’s product range, fulfilling their customers’ needs for comprehensive power solutions.
Hyliion Holdings has signed a definitive agreement to acquire a new hydrogen and fuel agnostic capable generator (KARNO) from GE…