Hyliion Awarded Government Contract to Create a Megawatt-Scale Concept of the KARNO Generator Technology for the United States Navy
Hyliion Holdings Corp. (NYSE: HYLN) has been awarded a Small Business Innovation Research (SBIR) government contract by the United States Navy. The Phase 1 award, N241-060, tasks Hyliion with creating a preliminary design of a modular generator system integrating the Navy's specifications with Hyliion's KARNO™ generator technology.
The project aims to showcase a megawatt-scale modular system concept, designed to meet the U.S. government's Unmanned Surface Vessel (USV) cross-platform requirements. Hyliion plans to leverage its 200-kilowatt KARNO genset, combining multiple units to achieve the desired power output. The system is expected to offer efficient, flexible, and low-maintenance power generation for naval environments, with a 4,000-hour no-touch maintenance periodicity.
Hyliion Holdings Corp. (NYSE: HYLN) ha ricevuto un contratto governativo di Small Business Innovation Research (SBIR) dalla Marina degli Stati Uniti. L'assegnazione di Fase 1, N241-060, incarica Hyliion di creare un design preliminare di un sistema di generatore modulare, integrando le specifiche della Marina con la tecnologia del generatore KARNO™ di Hyliion.
Il progetto ha l'obiettivo di presentare un concetto di sistema modulare su scala megawatt, progettato per soddisfare i requisiti cross-platform dei Vascelli Superficiali Senza Equipaggio (USV) del governo statunitense. Hyliion prevede di sfruttare il suo generatore KARNO da 200 kilowatt, combinando più unità per raggiungere la potenza desiderata. Si prevede che il sistema offra una generazione di energia efficiente, flessibile e a bassa manutenzione per ambienti navali, con una periodicità di manutenzione senza contatto di 4.000 ore.
Hyliion Holdings Corp. (NYSE: HYLN) ha sido galardonada con un contrato gubernamental de Small Business Innovation Research (SBIR) por parte de la Marina de los Estados Unidos. La adjudicación de Fase 1, N241-060, encarga a Hyliion crear un diseño preliminar de un sistema de generador modular, integrando las especificaciones de la Marina con la tecnología de generador KARNO™ de Hyliion.
El proyecto tiene como objetivo presentar un concepto de sistema modular a escala de megavatios, diseñado para cumplir con los requisitos de plataforma cruzada de los Vessels Superficiales No Tripulados (USV) del gobierno de EE. UU. Hyliion planea aprovechar su generador KARNO de 200 kilovatios, combinando múltiples unidades para lograr la salida de energía deseada. Se espera que el sistema ofrezca una generación de energía eficiente, flexible y de bajo mantenimiento para entornos navales, con una periodicidad de mantenimiento sin contacto de 4,000 horas.
Hyliion Holdings Corp. (NYSE: HYLN)가 미 해군으로부터 정부 계약인 소규모 기업 혁신 연구(SBIR) 계약을 수여받았습니다. 1단계 수상인 N241-060은 Hyliion에게 해군의 사양과 Hyliion의 KARNO™ 발전 기술을 통합한 모듈형 발전기 시스템의 초기 설계를 만드는 작업을 맡깁니다.
이 프로젝트는 미국 정부의 무인 수상선(USV) 크로스 플랫폼 요구사항을 충족하기 위해 설계된 메가와트 규모 모듈형 시스템 개념을 보여주는 것을 목표로 합니다. Hyliion은 200킬로와트 KARNO 발전기를 활용하여 여러 유닛을 결합하여 원하는 전력 출력을 달성할 계획입니다. 이 시스템은 해양 환경을 위한 효율적이고 유연하며 저 유지보수의 전력 생산을 제공할 것으로 예상되며, 4,000시간의 비접촉 유지보수 주기를 가집니다.
Hyliion Holdings Corp. (NYSE: HYLN) a reçu un contrat gouvernemental de Small Business Innovation Research (SBIR) de la part de la Marine des États-Unis. Le contrat de Phase 1, N241-060, charge Hyliion de créer un design préliminaire d'un système de générateur modulaire, intégrant les spécifications de la Marine avec la technologie de générateur KARNO™ de Hyliion.
Le projet vise à présenter un concept de système modulaire à l'échelle mégawatt, conçu pour répondre aux exigences transversales des Vessels Superficiels Sans Équipage (USV) du gouvernement américain. Hyliion prévoit d’exploiter son générateur KARNO de 200 kilowatts, en combinant plusieurs unités pour atteindre la puissance souhaitée. Le système devrait offrir une production d'énergie efficace, flexible et à faible entretien pour les environnements navals, avec une périodicité de maintenance de 4 000 heures sans contact.
Hyliion Holdings Corp. (NYSE: HYLN) wurde von der United States Navy mit einem Small Business Innovation Research (SBIR) Regierungsauftrag ausgezeichnet. Der Phase 1 Auftrag N241-060 beauftragt Hyliion damit, ein vorläufiges Design eines modularen Generatorsystems zu erstellen, welches die Spezifikationen der Navy mit Hyliion's KARNO™ Generator-Technologie integriert.
Ziel des Projekts ist es, ein Konzept für ein modulares System im Megawattmaßstab zu präsentieren, das die Anforderungen der US-Regierung für unbemannte Oberflächenfahrzeuge (USV) cross-platform erfüllt. Hyliion plant, seinen 200-kW-KARNO-Generator zu nutzen, indem mehrere Einheiten kombiniert werden, um die gewünschte Leistung zu erzielen. Das System wird voraussichtlich eine effiziente, flexible und wartungsarme Energieerzeugung für maritime Umgebungen bieten, mit einer Wartungsperiode von 4.000 Stunden ohne Kontakt.
- Awarded government contract by the U.S. Navy, potentially opening new revenue streams
- KARNO generator technology recognized for its potential in high-power applications
- Opportunity to showcase technology's versatility and adaptability to various power needs
- Potential for long-term collaboration with the U.S. Navy and other government entities
- Contract is only for Phase 1 (preliminary design), with no guarantee of further phases or implementation
- Adapting technology to meet specific Navy requirements may require significant R&D investment
Insights
This SBIR contract award from the U.S. Navy marks a significant milestone for Hyliion, potentially opening doors to lucrative government contracts. The focus on developing a megawatt-scale modular generator system based on the KARNO technology demonstrates the Navy's interest in innovative power solutions for Unmanned Surface Vessels (USVs).
Key advantages of the KARNO generator for naval applications include its multi-fuel capability, compact form factor and 4,000-hour maintenance-free operation. These features align well with the Navy's requirements for reliable, efficient power generation in challenging maritime environments.
While this Phase 1 contract is likely modest in financial terms, the potential for follow-on phases and broader adoption across naval platforms could be substantial. Investors should monitor Hyliion's progress in meeting the Navy's specifications and any subsequent contract awards in this domain.
Hyliion's KARNO generator technology showcases promising attributes for naval applications. Its hermetically sealed architecture with only one moving part per shaft is a significant engineering feat, potentially offering superior reliability in harsh maritime conditions. The ability to scale from 200kW units to megawatt-level systems demonstrates flexibility in meeting varied power requirements.
The multi-fuel capability, including compatibility with NATO F-76 fuel, is a strategic advantage, enhancing operational flexibility for naval vessels. However, investors should note that transitioning from concept to a deployable, naval-grade system involves significant technical challenges and rigorous testing.
While this contract validates the potential of Hyliion's technology, it's important to monitor the company's ability to meet the Navy's stringent requirements and timeline for the USV program. Success here could position Hyliion as a key player in next-generation maritime power systems.
With this contract, Hyliion will showcase a design concept of the KARNO generator in a megawatt-scale modular system. The system will be engineered to offer a versatile and flexible approach to meet the
“We are honored to receive this SBIR contract from the United States Navy,” said Thomas Healy, Founder and CEO of Hyliion. “This award is a testament to the KARNO generator’s expected ability to offer efficient, flexible, and low-maintenance power generation. We are excited to contribute to the Navy’s mission and explore higher power solutions for their USV initiative.”
The SBIR program is an initiative that supports scientific excellence and technological advancements by investing federal research funds in key American priorities aimed at strengthening the national economy and defense infrastructure. The primary objective of the N241-060 program is to develop and demonstrate a megawatt (MW) scale, ultra-reliable, and efficient USV modular generator concept tailored to the Navy’s requirements. This concept involves configuring smaller kW-scale building block power units in a high-density package to achieve a 4,000-hour no-touch maintenance periodicity for continuous operation in a naval environment.
This government contract underscores Hyliion's commitment to innovation and its leadership in developing sustainable energy solutions. The KARNO generator, with its exceptional form factor and ability to operate on multiple fuels, including NATO F-76, is ideally suited for the Navy’s USV program. The system’s hermetically sealed architecture, with only one moving part per shaft, is designed for maintenance-free operation over long running hours.
For more information on Hyliion or the KARNO generator, please visit www.hyliion.com.
For additional details on the SBIR, please visit https://www.navysbir.com/n24_1/N241-060.htm.
About the KARNO Generator
The KARNO generator is a linear heat generator that leverages advanced 3D metal printed components and proprietary flameless oxidation technology to produce clean electricity. Modular in design, the generator is expected to show an improvement in fuel efficiency, require significantly lower maintenance costs and have a much lower emissions profile than conventional generators. It is also capable of operating on over 20 different fuels, including hydrogen, natural gas, propane, ammonia and conventional fuels.
About Hyliion
Hyliion is committed to creating innovative solutions that enable clean, flexible, and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in
Forward Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage of the Company with a history of losses; our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business, and the other risks and uncertainties described under the heading “Risk Factors” in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 13, 2024 for the year ended December 31, 2023. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.
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Hyliion Holdings Corp.
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Source: Hyliion Holdings Corp.
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