HNO International's Chairman & CEO to Share Vision for Hydrogen Economy on NASDAQ Floor
Rhea-AI Summary
HNO International (HNOI) Chairman and CEO Donald Owens will present at NASDAQ on December 13, 2024, discussing the company's vision for the hydrogen economy. The interview will be released on December 20, 2024. The company's strategy focuses on decentralized hydrogen production through its Scalable Hydrogen Energy Platform (SHEP™) and Compact Hydrogen Refueling System (CHRS™).
HNOI is implementing a franchise model to enable entrepreneurs to enter the hydrogen market. The company emphasizes gaseous hydrogen over liquid hydrogen for cost efficiency and targets high-demand sectors like data centers and cryptocurrency mining. This presentation marks HNOI's transition from R&D to large-scale production and distribution.
Positive
- Transitioning from R&D phase to large-scale production and distribution
- Developed proprietary technologies SHEP™ and CHRS™ for decentralized hydrogen production
- Targeting high-growth markets including data centers and cryptocurrency mining
- Implementation of scalable franchise model to accelerate market expansion
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HNOI gained 2.91%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Local Production, Local Consumption HNOI's approach emphasizes decentralized, local hydrogen production and consumption using the Scalable Hydrogen Energy Platform (SHEPTM), bypassing costly and time-intensive centralized facilities. This model ensures faster adoption and regional energy independence.
Franchise Model for Entrepreneurs "Building a hydrogen economy requires a collective effort," said Owens. HNOI's franchise model lowers barriers to entry, providing entrepreneurs with a cost-effective way to participate and drive growth in the hydrogen market.
Hydrogen Refueling Made Simple With the Compact Hydrogen Refueling System (CHRSTM), HNOI aims to make hydrogen as accessible as traditional fuels, paving the way for everyday use.
Efficiency with Gaseous Hydrogen By focusing on gaseous hydrogen, HNOI eliminates the high energy and financial costs associated with liquid hydrogen, ensuring a more efficient and sustainable solution.
Powering Data Centers and Cryptocurrency HNOI positions hydrogen as an ideal energy source for high-demand industries like AI and cryptocurrency mining, offering cost-effective and sustainable power.
"Receiving an invitation to the NASDAQ floor at a time when HNO International is transitioning from R&D to large-scale production and distribution is an incredible honor," said Owens. "This is more than a personal achievement—it's a reflection of the hard work, dedication, and innovative spirit of our entire team. We're excited to share our vision for a hydrogen-powered future with a global audience."
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEPTM) and the Compact Hydrogen Refueling Station (CHRSTM), are setting new standards for green hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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SOURCE HNO International