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HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company

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HNO International (HNOI) has announced a significant hydrogen offtake agreement with an unnamed Texas-based mobility company. The deal involves supplying hydrogen from HNOI's 1.25 MW Scalable Hydrogen Energy Platform (SHEP™), which can produce up to 500 kilograms of clean hydrogen daily. The hydrogen will power the customer's fleet of Class 8 hydrogen fuel cell vehicles (FCEVs) for long-haul transportation.

The agreement includes HNOI's Compact Hydrogen Refueling System (CHRS™) for refueling support. HNOI projects reaching nearly $10 million in multi-year contracts as it scales hydrogen production within the first year of operation. The partnership aims to support zero-emission mobility and reduce the environmental impact of freight transportation.

HNO International (HNOI) ha annunciato un importante accordo per l'acquisto di idrogeno con un'azienda di mobilità del Texas non nominata. L'accordo prevede la fornitura di idrogeno dalla piattaforma Scalable Hydrogen Energy Platform (SHEP™) di HNOI da 1,25 MW, in grado di produrre fino a 500 chilogrammi di idrogeno pulito al giorno. L'idrogeno alimenterà la flotta del cliente di veicoli a celle a combustibile a idrogeno di Classe 8 (FCEV) per il trasporto a lungo raggio.

L'accordo include il Compact Hydrogen Refueling System (CHRS™) di HNOI per il supporto al rifornimento. HNOI prevede di raggiungere quasi 10 milioni di dollari in contratti pluriennali mentre scala la produzione di idrogeno entro il primo anno di operazione. La partnership mira a sostenere la mobilità a zero emissioni e a ridurre l'impatto ambientale del trasporto merci.

HNO International (HNOI) ha anunciado un importante acuerdo de compra de hidrógeno con una empresa de movilidad de Texas no revelada. El acuerdo implica el suministro de hidrógeno desde la plataforma de Scalable Hydrogen Energy Platform (SHEP™) de HNOI de 1.25 MW, que puede producir hasta 500 kilogramos de hidrógeno limpio al día. El hidrógeno alimentará la flota del cliente de vehículos de celda de combustible de hidrógeno de Clase 8 (FCEVs) para el transporte de larga distancia.

El acuerdo incluye el Compact Hydrogen Refueling System (CHRS™) de HNOI para el soporte de repostaje. HNOI proyecta alcanzar casi 10 millones de dólares en contratos a largo plazo a medida que aumenta la producción de hidrógeno en el primer año de operación. La asociación tiene como objetivo apoyar una movilidad sin emisiones y reducir el impacto ambiental del transporte de mercancías.

HNO International (HNOI)는 명시되지 않은 텍사스 기반의 이동 수단 회사와 중요한 수소 구매 계약을 발표했습니다. 이 계약은 HNOI의 1.25 MW 스케일러블 수소 에너지 플랫폼(SHEP™)에서 수소를 공급하는 것으로, 하루에 최대 500킬로그램의 청정 수소를 생산할 수 있습니다. 이 수소는 장거리 운송을 위한 고객의 8급 수소 연료전지 차량(FCEV) 함대를 구동합니다.

이 계약에는 수소 연료 보급을 지원하는 HNOI의 컴팩트 수소 재충전 시스템(CHRS™)이 포함됩니다. HNOI는 운영 첫 해에 수소 생산을 확장하면서 거의 1000만 달러에 달하는 다년 계약을 달성할 것으로 예상합니다. 이 파트너십은 제로 배출 이동성을 지원하고 화물 운송의 환경 영향을 줄이는 것을 목표로 합니다.

HNO International (HNOI) a annoncé un accord d'approvisionnement en hydrogène significatif avec une entreprise de mobilité du Texas dont le nom n'est pas divulgué. Cet accord implique la fourniture d'hydrogène provenant de la plateforme Scalable Hydrogen Energy Platform (SHEP™) de HNOI, qui peut produire jusqu'à 500 kilogrammes d'hydrogène propre par jour. L'hydrogène alimentera la flotte de véhicules à hydrogène à pile à combustible de Classe 8 (FCEV) du client pour le transport longue distance.

L'accord comprend le Compact Hydrogen Refueling System (CHRS™) de HNOI pour le soutien au ravitaillement. HNOI prévoit d'atteindre près de 10 millions de dollars en contrats pluriannuels en augmentant la production d'hydrogène durant la première année d'exploitation. Ce partenariat vise à soutenir la mobilité zéro émission et à réduire l'impact environnemental du transport de fret.

HNO International (HNOI) hat eine bedeutende Wasserstoff-Abnahmevereinbarung mit einem nicht genannten Mobilitätsunternehmen aus Texas angekündigt. Der Vertrag umfasst die Lieferung von Wasserstoff von HNOIs 1,25 MW Scalable Hydrogen Energy Platform (SHEP™), die täglich bis zu 500 Kilogramm sauberen Wasserstoff produzieren kann. Der Wasserstoff wird die Fahrzeugflotte des Kunden mit Wasserstoff-Brennstoffzellenfahrzeugen der Klasse 8 (FCEV) für den Fernverkehr antreiben.

Die Vereinbarung umfasst HNOIs Compact Hydrogen Refueling System (CHRS™) zur Unterstützung beim Betanken. HNOI projiziert, im ersten Betriebsjahr nahezu 10 Millionen Dollar in Mehrjahresverträgen zu erreichen, während die Wasserstoffproduktion skaliert wird. Die Partnerschaft zielt darauf ab, emissionsfreie Mobilität zu unterstützen und die Umweltauswirkungen des Frachttransports zu reduzieren.

Positive
  • Secured significant offtake agreement worth potential $10 million in multi-year contracts
  • Deployment of 1.25 MW SHEP system with 500kg daily hydrogen production capacity
  • Integration of proprietary CHRS refueling technology in the agreement
Negative
  • None.

HOUSTON, Jan. 30, 2025 /PRNewswire/ -- HNO International (OTC: HNOI) is excited to announce a hydrogen offtake agreement with a Texas-based company supporting zero-emission mobility. Under the agreement, HNO will supply hydrogen from its 1.25 MW Scalable Hydrogen Energy Platform (SHEP™), which produces up to 500 kilograms of clean hydrogen daily.

This hydrogen will power the customer's fleet of Class 8 hydrogen fuel cell vehicles (FCEVs), ensuring efficient and sustainable long-haul transportation. The agreement also integrates HNOI's Compact Hydrogen Refueling System (CHRS™) for refueling support. With room for expansion, HNOI is projecting to reach nearly $10 million in multi-year contracts as HNOI rapidly scales hydrogen production within the first year of operation.

"This agreement highlights the growing demand for clean hydrogen fuel in heavy-duty transportation," said Don Owens, founder and CEO of HNO International. "Our SHEP system and CHRS refueling stations provide reliable, scalable solutions for long-haul operations, helping reduce the environmental impact of freight mobility. We're excited to support this effort and look forward to expanding our production capacity to meet rising demand."

The Texas-based company, a leader in zero-emission mobility, is at the forefront of using hydrogen to decarbonize transportation. Their adoption of hydrogen fuel cell technology supports both environmental sustainability and business growth by offering a viable alternative to diesel without compromising operational efficiency.

About HNO International

HNO International (HNOI) is a company specializing in the design, integration, and development of hydrogen-based energy technologies. With over 15 years of experience in hydrogen production, HNOI is on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities. Their solutions, the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen Refueling Station (CHRS™), are setting new standards for 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. 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

FAQ

What is the value of HNOI's new hydrogen supply agreement in Texas?

HNOI projects to reach nearly $10 million in multi-year contracts within the first year of operation through this hydrogen supply agreement.

How much hydrogen can HNOI's SHEP platform produce daily?

HNOI's 1.25 MW Scalable Hydrogen Energy Platform (SHEP™) can produce up to 500 kilograms of clean hydrogen daily.

What type of vehicles will HNOI's hydrogen supply power in Texas?

The hydrogen will power Class 8 hydrogen fuel cell vehicles (FCEVs) for long-haul transportation.

What refueling technology is included in HNOI's Texas hydrogen agreement?

The agreement includes HNOI's Compact Hydrogen Refueling System (CHRS™) for refueling support.

When did HNOI announce its Texas hydrogen supply agreement?

HNOI announced the hydrogen supply agreement on January 30, 2025.

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