Welcome to our dedicated page for RONN news (Ticker: RONN), a resource for investors and traders seeking the latest updates and insights on RONN stock.
RONN, Inc. (RONN) drives innovation in hydrogen energy systems and sustainable mobility solutions through cutting-edge electrolyzer technology and strategic partnerships. This news hub provides investors and industry stakeholders with essential updates about the company's advancements in clean energy infrastructure and operational developments.
Access timely announcements regarding RONN's joint ventures, including collaborations with Hydrogen Energy Systems (HES) and indigenous communities, alongside breakthroughs in low-pressure hydrogen storage and AI-optimized production processes. The page aggregates press releases covering technology deployments, sustainability initiatives, and market expansion efforts.
Key updates include progress in modular vehicle platforms, hydrogen hub developments, and cross-sector partnerships that reinforce RONN's position in renewable energy sector. All content is curated to help users track the company's multifaceted approach to decarbonizing transportation and industrial applications.
Bookmark this page for streamlined access to verified RONN news, ensuring you stay informed about emerging opportunities in hydrogen infrastructure and clean mobility innovations. Regularly updated content supports informed decision-making without promotional bias.
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.
RONN Inc (OTC PINK:RONN) has secured an exclusive agreement with Hydrogen Energy Systems Inc. for their patented low-pressure hydrogen storage solutions, Hydra-Paks, for use in logistic trucks and passenger vehicles. This technology is expected to enhance the range, commercial competitiveness, and safety of RONN's HFC Mid-Mile Logistic vehicles.
The Hydra-Pak system offers several benefits:
- Safe storage of hydrogen at low pressures using a patented porous metal hydride (PMH) material
- Resolved issues with metal hydrides, including compaction prevention and improved thermal transfer
- Capable of around 60,000 reverse hydrogen cycles
- Stores at least 4X more hydrogen at low pressure compared to high-pressure cylinders
- Delivers 99.9999% hydrogen purity
- Non-explosive with no hydrogen leakage
RONN Inc (OTC:RONN) has been requested to lead a hydrogen development meeting with the Tobique First Nations Economic Development Council in Canada. This follows their August 2024 agreement and aims to expand discussions to include other First Nations Tribes. The meeting will focus on developing policies for climate protection, land preservation, and community well-being.
Julian Moulton of Tobique EDC emphasized the partnership's potential to capitalize on the clean energy market and contribute to the Net Zero emissions initiative. The agenda includes maximizing the use of Tobique's new wind farm for hydrogen generation, with applications extending beyond Tobique to New Brunswick, St. John, and other Canadian First Nations Tribes.
RONN Inc. (OTC PINK:RONN) has announced an expanded MOU with Hydrogen Energy Systems Inc., focusing on patented low-pressure hydrogen storage solutions called Hydra-Paks. These will be implemented in RONN's hydrogen hub projects for Canadian First Nations agreements and adapted into RONN's HFC Mid-Mile Logistic vehicles for extended range.
The collaboration aims to promote sustainable low-pressure hydrogen technologies in both mobile and stationary applications. The US hydrogen energy storage market, valued at $3.17 billion in 2023, is expected to grow at a 5.3% CAGR from 2024 to 2030. Globally, the market is projected to expand from $11.4 billion in 2023 to $196.8 billion by 2028, driven by clean fuel demand and government efforts to reduce emissions.
RONN Inc (OTC PINK:RONN) has announced a strategic partnership with the Tobique First Nation to develop hydrogen production and infrastructure. The agreement includes an initial $1 million investment from the First Nation and is expected to grow into a multi-million-dollar partnership. The collaboration aims to provide hydrogen infrastructure sales, operational income, FCEV truck sales, and future hydrogen sales revenues.
The partnership plans to leverage Tobique First Nation's new wind farm for potential hydrogen production, similar to a recent $430 million Canada-Germany hydrogen deal. Julian Moulton, representing Tobique Nation, emphasized the opportunity to capitalize on the growing clean energy market and Net Zero initiatives, promising economic benefits and environmental stewardship.
RONN Inc (OTC PINK:RONN) has announced progress in negotiations with Tobique First Nation in New Brunswick, Canada. CEO Mr. Ford has accepted an invitation to meet with new company executives and tribal leaders in Saint John to discuss an expanded presence for a cleaner hydrogen future. Julian Moulton, Elected Councilor of Tobique First Nation, stated that the meeting aims to finalize their partnership and explore collaborative ventures with business partners in Saint John.
The collaboration is expected to focus on setting up hydrogen power infrastructure and engaging with major corporations seeking innovative hydrogen technology solutions. Mr. Ford anticipates finalizing the initial agreement and strategic partnership within two weeks, with the goal of expanding the hydrogen initiative throughout the region.
Ronn Inc. (OTC PINK:RONN) has successfully completed a comprehensive PCAOB financial audit, marking a significant milestone for the company. CEO Ronn Ford emphasized that this achievement demonstrates the company's commitment to growth, integrity, and shareholder value. The audit is a important step towards Ronn Inc. becoming fully reporting and filing an S-1.
The company aims to uplist to a higher exchange when market conditions allow, which is expected to broaden its investor base, increase market visibility, and provide greater liquidity for shareholders. Ronn Inc. focuses on de-carbonization solutions in the transportation sector, particularly through hydrogen production and vehicle design.
Ronn Ford, CEO of Ronn, attended the Geneva Supercar Show as a VIP guest and highlighted significant developments related to hydrogen technology advancement.
Key interactions included a meeting with the Ambassador of India to Switzerland, discussing joint ventures aimed at expanding the company's footprint in the U.S. and India. Another notable discussion was with officials from a renowned watch company about the new All Electric Hydrogen Hyper Automobile, potentially inspiring a special edition watch.
Non-Disclosure Agreements (NDAs) are expected to be signed soon, promoting further talks. Additionally, Hydrogen Horizons showed interest in participating in joint ventures between Indian companies and Ronn.
Ronn, Inc. (OTC PINK:RONN) announced ongoing JV and distribution agreement talks with Erisha, the electric vehicle division of India's Rana Group, and a potential third partner. Initial term sheets have been delivered, and final negotiations will conclude with an in-person meeting in New Delhi by the end of July. RONN’s CEO, Ronn Ford, highlighted the JV’s potential to inject cash, support a senior exchange listing, and distribute hydrogen hub pilot programs and Logistic Trucks. Initial sales are projected at 100 vehicles, potentially expanding to 1000. Target pricing for class 6 HFEV trucks could exceed $275K per unit. Further discussions will continue in Geneva at a Supercar event.
Ronn Inc. (OTC PINK:RONN) CEO Ronn Ford provides a shareholder update. The company is close to finalizing a $100 million MOU, with audits expected to complete within three weeks. An S-1 filing is planned by the end of July 2024, aiming for a senior exchange listing later in the year, market conditions permitting. Additionally, the Tobique First Nations hub agreement awaits final approval, marking the first of seven hydrogen hubs across Indigenous lands in Canada. These hubs will use Ronn Inc.'s new logistic trucks, fostering a virtual hydrogen highway. Meetings with seven Tribal Chiefs indicate supportive momentum.
