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Hyliion Successfully Showcases the KARNO Generator’s Uninterrupted Multi-Fuel Operation

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Hyliion Holdings Corp. (NYSE: HYLN) has successfully demonstrated its KARNO™ generator's ability to seamlessly transition between multiple fuel types during operation. The generator operated continuously while switching between natural gas, nitrogen-rich syngas, and various mixtures of natural gas and hydrogen without requiring recalibration or shutdown. The KARNO generator is designed to work with over 20 different fuels, including natural gas, hydrogen, propane, diesel, ammonia, and methane. It can achieve zero carbon emissions with specific fuels and ultra-low NOx and CO emissions. Hyliion plans initial deliveries to early adopter customers by year-end, targeting sectors like EV charging, data centers, waste gas utilization, and marine power.

Hyliion Holdings Corp. (NYSE: HYLN) ha dimostrato con successo la capacità del suo generatore KARNO™ di passare senza problemi tra diversi tipi di combustibile durante il funzionamento. Il generatore ha funzionato in modo continuo mentre passava tra gas naturale, syngas ricco di azoto e varie miscele di gas naturale e idrogeno senza necessitare di ricalibrazione o arresto. Il generatore KARNO è progettato per funzionare con oltre 20 diversi combustibili, tra cui gas naturale, idrogeno, propano, diesel, ammoniaca e metano. Può raggiungere emissioni di carbonio pari a zero con combustibili specifici e emissioni ultra-basse di NOx e CO. Hyliion prevede le prime consegne ai clienti pionieri entro la fine dell'anno, mirando a settori come la ricarica di veicoli elettrici, i centri dati, il recupero di gas di scarto e l'energia marina.

Hyliion Holdings Corp. (NYSE: HYLN) ha demostrado con éxito la capacidad de su generador KARNO™ para cambiar sin problemas entre múltiples tipos de combustible durante la operación. El generador funcionó de manera continua mientras cambiaba entre gas natural, syngas rico en nitrógeno y varias mezclas de gas natural e hidrógeno sin requerir recalibración ni apagado. El generador KARNO está diseñado para trabajar con más de 20 combustibles diferentes, incluidos gas natural, hidrógeno, propano, diésel, amoníaco y metano. Puede lograr cero emisiones de carbono con combustibles específicos y emisiones ultra-bajas de NOx y CO. Hyliion planea realizar las primeras entregas a clientes pioneros para finales de año, dirigiéndose a sectores como la carga de vehículos eléctricos, los centros de datos, la utilización de gases residuales y la energía marina.

Hyliion Holdings Corp. (NYSE: HYLN)은 KARNO™ 발전기가 작동 중 여러 연료 유형 간에 원활하게 전환할 수 있는 능력을 성공적으로 입증했습니다. 발전기는 천연 가스, 질소가 풍부한 합성가스 및 천연 가스와 수소의 다양한 혼합물 간에 전환하면서 재조정이나 중단 없이 지속적으로 작동했습니다. KARNO 발전기는 20가지 이상의 다양한 연료와 함께 작동하도록 설계되었으며, 천연 가스, 수소, 프로판, 디젤, 암모니아 및 메탄이 포함됩니다. 특정 연료를 사용하여 탄소 배출 제로를 달성할 수 있으며, NOx 및 CO의 초저 배출도 가능합니다. Hyliion은 연말까지 초기 수용 고객에게 첫 배송을 계획하고 있으며, 전기차 충전, 데이터 센터, 폐가스 활용 및 해양 전력과 같은 분야를 목표로 하고 있습니다.

Hyliion Holdings Corp. (NYSE: HYLN) a démontré avec succès la capacité de son générateur KARNO™ à passer sans problème entre plusieurs types de carburant durant son fonctionnement. Le générateur a fonctionné en continu tout en changeant entre gaz naturel, syngaz riche en azote et diverses mélanges de gaz naturel et d'hydrogène sans nécessiter de recalibrage ni d'arrêt. Le générateur KARNO est conçu pour fonctionner avec plus de 20 carburants différents, y compris le gaz naturel, l'hydrogène, le propane, le diesel, l'ammoniac et le méthane. Il peut atteindre des émissions de carbone nulles avec certains combustibles et ultra-basses émissions de NOx et de CO. Hyliion prévoit des livraisons initiales aux clients précurseurs d'ici la fin de l'année, ciblant des secteurs comme la recharge de véhicules électriques, les centres de données, l'utilisation des gaz résiduels et l'énergie marine.

Hyliion Holdings Corp. (NYSE: HYLN) hat erfolgreich die Fähigkeit seines KARNO™ Generators demonstriert, während des Betriebs nahtlos zwischen mehreren Kraftstofftypen zu wechseln. Der Generator arbeitete kontinuierlich, während er zwischen Erdgas, stickstoffreichem Synthesegas und verschiedenen Mischungen aus Erdgas und Wasserstoff wechselte, ohne dass eine Neukalibrierung oder Abschaltung erforderlich war. Der KARNO Generator ist dafür ausgelegt, mit über 20 verschiedenen Brennstoffen zu arbeiten, einschließlich Erdgas, Wasserstoff, Propan, Diesel, Ammoniak und Methan. Er kann mit bestimmten Brennstoffen null Kohlenstoffemissionen sowie ultra-niedrige NOx- und CO-Emissionen erreichen. Hyliion plant, bis Ende des Jahres erste Lieferungen an frühe Anwenderkunden vorzunehmen und zielt auf Sektoren wie E-Auto-Ladestationen, Rechenzentren, Abgasnutzung und maritime Energie.

Positive
  • Successfully demonstrated multi-fuel capability without interruption
  • Generator operates on over 20 different fuel types, offering future-proof flexibility
  • Can achieve zero carbon emissions with specific fuels
  • Initial deliveries planned for end of year
Negative
  • Not all compatible fuels will be available at commercial launch

Insights

The successful multi-fuel demonstration of the KARNO generator marks a significant technical milestone for Hyliion. The system's ability to seamlessly transition between different fuel types - from natural gas to hydrogen-rich mixtures - without interruption or recalibration represents a major engineering achievement. The fuel-agnostic capability across 20+ fuel types positions KARNO as a versatile solution for various industrial applications.

The generator's smart control system and robust design enabling real-time fuel composition adaptation is particularly valuable for industries with variable fuel streams. This flexibility, combined with zero carbon emissions potential and ultra-low NOx and CO emissions, addresses both current market needs and future environmental regulations. However, commercial success will depend on the actual performance metrics, cost-effectiveness and successful early adopter deployments planned for year-end.

The KARNO generator's successful demonstration strengthens Hyliion's market position in the sustainable power generation sector. The technology addresses critical market demands: fuel flexibility, future-proofing against evolving energy landscapes and emissions reduction. The target markets - EV charging, data centers, waste gas utilization and marine power - represent high-growth sectors with increasing demand for reliable, sustainable power solutions.

However, investors should note that commercial success hinges on several factors: pricing strategy, maintenance costs, reliability at scale and competition from both traditional generators and emerging technologies. The planned initial deliveries to early adopters by year-end will be important in validating the technology's real-world performance and market acceptance.

AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, is pleased to announce the successful demonstration of the KARNO™ generator’s groundbreaking fuel-agnostic capabilities, showcasing an uninterrupted transition between multiple fuel types during live operation. This achievement highlights the KARNO generator’s ability to offer customers a flexible and sustainable power solution that can adapt to different fuel sources—a capability that sets it apart from conventional generators.

The KARNO generator was tested using natural gas, then adjusted to a nitrogen-rich syngas, and then operated on various mixtures of natural gas and hydrogen up to a majority hydrogen composition. Without requiring recalibration or shutdown, the generator was able to adapt to these changes while maintaining power output due to its robust design and smart control system that can accommodate real-world fuel variability. Designed to operate on over 20 different fuels, including natural gas, hydrogen, propane, diesel, ammonia, and methane, the KARNO generator offers customers the opportunity to future-proof their energy solutions by enabling the use of both traditional and alternative fuel sources that may become more widely available in the future. Additionally, the KARNO generator can achieve zero carbon emissions with specific fuels and ultra-low NOx and CO emissions, offering a more sustainable alternative to conventional generators.

“This adaptability means customers can benefit from the generator’s capability to handle impure or variable fuels, making it ideal for applications in industries like oil and gas, waste gas recovery, and other environments where fuel composition may vary,” said Thomas Healy, Founder and CEO of Hyliion. “I’m incredibly proud of our team’s progress on this groundbreaking technology and excited to see how it will transform sustainable power solutions for our customers.”

Hyliion anticipates initial deliveries to early adopter customers by the end of the year and is focusing on sectors like EV charging, data centers, waste gas utilization, and marine power. Not all compatible fuels may be available at commercial launch.

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 Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.

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 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.

Hyliion Holdings Corp.

press@hyliion.com

Investor Relations

ir@hyliion.com

Source: Hyliion Holdings Corp.

FAQ

What fuels can the Hyliion KARNO generator (HYLN) use?

The KARNO generator can operate on over 20 different fuels, including natural gas, hydrogen, propane, diesel, ammonia, and methane.

When will Hyliion (HYLN) begin KARNO generator deliveries?

Hyliion anticipates initial deliveries to early adopter customers by the end of the year.

What industries is the Hyliion KARNO generator (HYLN) targeting?

The KARNO generator is targeting sectors including EV charging, data centers, waste gas utilization, and marine power.

Can the Hyliion KARNO generator (HYLN) achieve zero emissions?

Yes, the KARNO generator can achieve zero carbon emissions with specific fuels and ultra-low NOx and CO emissions.

Hyliion Holdings Corp.

NYSE:HYLN

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