RONN - RONN STOCK NEWS

RONN Inc. (OTC:RONN) has received an MOU purchase order for 60 patented electrolyzers (up to 600 MWH each) and 60 patented low-pressure storage units through their new joint venture with HES. The collaboration includes expected financing guarantees for Capex from Scottland Enterprise International (SEI), featuring a $300 million capital guarantee for infrastructure purchases.

The partnership focuses on developing, manufacturing, and deploying hydrogen production technology. SEI's support package includes capital expenditure funding, business plan preparation assistance, investor introductions, and supply chain expertise. The joint venture will lead the design and manufacturing of electrolyzers while providing technical expertise and resources.

RONN Inc. (OTC PINK:RONN) announced that CEO Ronn Ford has been selected to join the Monaco House Delegation at the 2025 World Economic Forum in Davos, Switzerland. The event, scheduled for January 20-24, 2025, will feature Monaco hosting the Blue Economy and Finance Forum. Ford will speak about the global hydrogen future on January 22, 2025.

The WEF conference brings together global leaders, CEOs, and funding groups to address challenges including energy transition, geopolitical shocks, and living standards improvement. The event focuses on industrial revolutions in hydrogen and its international growth, offering networking and collaboration opportunities.

RONN Inc. announced plans to evaluate the integration of AI technology into its hydrogen business operations. The company, along with JV partners (HES) and Tobique First Nations Tribe, will assess AI implementation across their expanded hydrogen hub projects. The initiative aims to enhance efficiency in hydrogen production, storage, and international distribution through wind turbines, patented electrolyzers, and low-pressure storage systems.

The company outlined five key areas for AI application: predictive maintenance, production process optimization, supply chain management, energy management, and market analysis. The hydrogen will be produced and stored on wind turbine platforms using Hydra-Paks, which can be transported via standard sea containers to ports like Rotterdam.

RONN Inc announces expansion of its Joint Venture with HES, targeting the development of hydrogen production hubs. Initial plans for 10 hubs have grown to potentially over 50 hydrogen systems. Each hub is designed to produce 1,000 kilograms of pure green hydrogen daily, with potential revenue of $5.47 million annually per hub at $15 per kilogram. The company is in discussions with a global manufacturer to produce HES's patented products and integrate RONN's logistic hydrogen vehicles. The global hydrogen market, valued at $242.7 billion in 2023, is projected to reach $410.6 billion by 2030.

RONN Inc. (OTC PINK:RONN) has been invited to discuss potentially supplying up to ten hydrogen production hubs for Urea production in South Korea through its Joint Venture with HES. The project, valued at multiple billions of dollars, could expand to 60 hubs in the future. The company plans to use its hydrogen logistic vehicles to maintain net-zero impact. The hubs will produce hydrogen for Urea manufacturing, which is used in fertilizers and DEF fluid for diesel engines. The RONN/HES Joint Venture aims to use only green hydrogen sources to ensure environmental sustainability.

RONN Inc. (OTC PINK:RONN) has announced a Joint Venture (JV) agreement with Hydrogen Energy Solutions (HES) to enhance hydrogen initiatives globally. The partnership includes plans for multiple hydrogen hubs worldwide and agreements with ports for hydrogen transportation to European markets. Key features of the JV include:

1. Exclusive rights for RONN to use HES's innovative Hydrro-Paks, a low-pressure hydrogen storage solution, for mobile applications.
2. A revenue-sharing model between RONN and HES.
3. Integration of RONN hydrogen vehicles in all HES projects.
4. RONN serving as the provider of hydrogen logistics trucks and work vehicles for the JV's net-zero emissions goal.

The collaboration aims to create hydrogen hubs powering various global initiatives, strengthening both companies' positions in the hydrogen energy sector.

RONN, Inc. (OTC PINK:RONN) has announced that CEO Ronn Ford will meet with Hydrogen Energy Systems (HES) executives to finalize a joint venture agreement, transitioning from a Letter of Intent. The partnership will integrate Hydrogenin Horizons PEM electrolyzer with the Hydra-Pak system for wind turbine-based hydrogen production and storage.

RONN has been collaborating with Indigenous First Nations in Canada to establish hydrogen hubs using wind turbines for green hydrogen production. The joint venture will benefit from HES's hydrogen sales contracts and utilize RONN's hydrogen-electric logistic vehicles across projects. The agreement is expected to include the Port of St. John in New Brunswick for hydrogen export, advancing the commercialization of the hydrogen economy for both companies.

RONN Inc. (OTC PINK:RONN) has announced an expanded meeting with Tobique First Nations leaders to discuss plans for establishing up to 10 hydrogen hubs across Canada. This initiative aims to create a virtual hydrogen highway on First Nations land, enabling travel with NetZero hydrogen vehicles. The project, estimated to require up to $1 billion investment over the next decade, includes Class 8 hydrogen-electric trucks for freight and future retail passenger vehicles.

The partnership with Tobique is part of a larger strategy involving three wind farms and hydrogen pilot programs for local utilities and airport heating. Financing options include government grants, potential bonds, and green hydrogen sales. A revenue-sharing model for hydrogen sales is included, with plans to export hydrogen to Europe through the local port. RONN is also finalizing a separate joint venture with several hydrogen contracts.

Ronn, Inc. (OTC PINK:RONN) has confidentially submitted a Form S-1 to the SEC for initial review, aiming to uplist its common stock to the NASDAQ Senior Exchange. The company plans an associated offering, though details on share numbers and price range are yet to be determined. The uplist is expected to proceed after SEC review, subject to market conditions and exchange approval. Ronn anticipates retaining its "RONN" ticker symbol.

CEO Ronn Ford highlighted the company's progress in overcoming regulatory challenges and marketing their hydrogen Hypercar. He also noted successes in securing hydrogen hub contracts with Indigenous Nations of Canada and acquiring new patented hydrogen technologies. Ford expressed optimism about the company's future in the emerging hydrogen industry.