Ronn Inc. Executes And Launches Phase One Agreement in Saudi Arabia, Accelerating Hydrogen Technology and Strategic Investment
Ronn Inc. (OTC PINK:RONN) has entered into a Strategic Commercial Market Access Agreement with an international intermediary group in Saudi Arabia, marking Phase One of a broader partnership framework. The agreement aims to establish a 50/50 regional joint venture, focusing on localized manufacturing and deployment of Ronn's hydrogen technologies in both Saudi Arabia and the US.
The venture will encompass hydrogen-powered supercars, commercial mobility platforms, hydrogen trucks, and modular fueling infrastructure. The initiative aligns with Saudi Arabia's Vision 2030 strategy and follows the kingdom's announcement to invest over one trillion dollars in U.S. strategic investments.
Phase 1 includes establishing a regional headquarters in Saudi Arabia, collaborating with strategic partners experienced in rail technology, real estate, transportation, and public-private mega infrastructure. Details on phases 2 and 3 will be disclosed as the joint venture structure is finalized.
Ronn Inc. (OTC PINK:RONN) ha stipulato un Accordo di Accesso Commerciale Strategico con un gruppo di intermediazione internazionale in Arabia Saudita, segnando la Fase Uno di un più ampio quadro di partenariato. L'accordo mira a stabilire una joint venture regionale 50/50, concentrandosi sulla produzione e distribuzione localizzata delle tecnologie idrogeno di Ronn sia in Arabia Saudita che negli Stati Uniti.
La joint venture comprenderà supercar a idrogeno, piattaforme di mobilità commerciale, camion a idrogeno e infrastrutture di rifornimento modulari. L'iniziativa si allinea con la strategia Vision 2030 dell'Arabia Saudita e segue l'annuncio del regno di investire oltre un trilione di dollari in investimenti strategici negli Stati Uniti.
La Fase 1 include l'istituzione di un quartier generale regionale in Arabia Saudita, collaborando con partner strategici esperti in tecnologia ferroviaria, immobiliare, trasporti e mega infrastrutture pubblico-private. I dettagli sulle fasi 2 e 3 saranno divulgati man mano che la struttura della joint venture sarà finalizzata.
Ronn Inc. (OTC PINK:RONN) ha firmado un Acuerdo de Acceso Comercial Estratégico con un grupo de intermediación internacional en Arabia Saudita, marcando la Fase Uno de un marco de asociación más amplio. El acuerdo tiene como objetivo establecer una empresa conjunta regional 50/50, enfocándose en la fabricación y despliegue localizados de las tecnologías de hidrógeno de Ronn tanto en Arabia Saudita como en los EE. UU.
La empresa conjunta abarcará supercoches a hidrógeno, plataformas de movilidad comercial, camiones a hidrógeno e infraestructura de abastecimiento modular. La iniciativa se alinea con la estrategia Vision 2030 de Arabia Saudita y sigue el anuncio del reino de invertir más de un billón de dólares en inversiones estratégicas en EE. UU.
La Fase 1 incluye el establecimiento de una sede regional en Arabia Saudita, colaborando con socios estratégicos con experiencia en tecnología ferroviaria, bienes raíces, transporte e infraestructura pública-privada a gran escala. Los detalles sobre las fases 2 y 3 se revelarán a medida que se finalice la estructura de la empresa conjunta.
Ronn Inc. (OTC PINK:RONN)는 사우디 아라비아의 국제 중개 그룹과 전략적 상업 시장 접근 협약을 체결하였으며, 이는 더 넓은 파트너십 프레임워크의 1단계를 의미합니다. 이 협약은 Ronn의 수소 기술을 사우디 아라비아와 미국에서 지역 맞춤형으로 제조 및 배포하는 50/50 지역 합작 회사를 설립하는 것을 목표로 하고 있습니다.
이 합작 사업은 수소 동력 슈퍼카, 상업적 이동 플랫폼, 수소 트럭 및 모듈식 연료 인프라를 포함할 것입니다. 이 이니셔티브는 사우디 아라비아의 비전 2030 전략과 일치하며, 왕국이 미국의 전략적 투자에 1조 달러 이상을 투자하겠다고 발표한 이후입니다.
1단계에는 사우디 아라비아에 지역 본부를 설립하고, 철도 기술, 부동산, 운송 및 공공-민간 대형 인프라에 경험이 있는 전략적 파트너와 협력하는 것이 포함됩니다. 2단계 및 3단계에 대한 세부사항은 합작 회사 구조가 최종화됨에 따라 공개될 예정입니다.
Ronn Inc. (OTC PINK:RONN) a conclu un Accord Stratégique d'Accès au Marché Commercial avec un groupe d'intermédiaires international en Arabie Saoudite, marquant la Phase Un d'un cadre de partenariat plus large. Cet accord vise à établir une coentreprise régionale 50/50, axée sur la fabrication et le déploiement localisés des technologies à hydrogène de Ronn en Arabie Saoudite et aux États-Unis.
La coentreprise comprendra des supercars à hydrogène, des plateformes de mobilité commerciale, des camions à hydrogène et une infrastructure de ravitaillement modulaire. L'initiative s'aligne sur la stratégie Vision 2030 de l'Arabie Saoudite et fait suite à l'annonce du royaume d'investir plus d'un trillion de dollars dans des investissements stratégiques aux États-Unis.
La Phase 1 comprend l'établissement d'un siège régional en Arabie Saoudite, en collaboration avec des partenaires stratégiques expérimentés dans la technologie ferroviaire, l'immobilier, le transport et les infrastructures publiques-privées de grande envergure. Les détails des phases 2 et 3 seront divulgués une fois la structure de la coentreprise finalisée.
Ronn Inc. (OTC PINK:RONN) hat eine strategische Vereinbarung über den Zugang zum kommerziellen Markt mit einer internationalen Vermittlergruppe in Saudi-Arabien unterzeichnet, die Phase Eins eines umfassenderen Partnerschaftsrahmens markiert. Ziel der Vereinbarung ist es, ein regionales Joint Venture im Verhältnis 50/50 zu gründen, das sich auf die lokale Herstellung und den Einsatz von Ronn's Wasserstofftechnologien in Saudi-Arabien und den USA konzentriert.
Das Joint Venture wird wasserstoffbetriebene Supersportwagen, kommerzielle Mobilitätsplattformen, Wasserstoff-Lkw und modulare Tankinfrastruktur umfassen. Die Initiative steht im Einklang mit der Vision 2030 Saudi-Arabiens und folgt der Ankündigung des Königreichs, über eine Billion Dollar in strategische Investitionen in den USA zu investieren.
Phase 1 umfasst die Errichtung eines regionalen Hauptsitzes in Saudi-Arabien und die Zusammenarbeit mit strategischen Partnern, die Erfahrung in der Eisenbahntechnologie, Immobilien, Transport und öffentlich-private Mega-Infrastruktur haben. Details zu Phase 2 und 3 werden bekannt gegeben, sobald die Struktur des Joint Ventures finalisiert ist.
- Strategic 50/50 joint venture agreement with Saudi Arabia expands market presence
- Access to Saudi Arabia's trillion-dollar U.S. strategic investment initiative
- Establishment of manufacturing facilities in both Saudi Arabia and US markets
- Alignment with Saudi Vision 2030 provides long-term growth opportunities
- Early-stage agreement with details of phases 2 and 3 still pending
- Execution risks in establishing manufacturing operations in new market
- Dependent on successful finalization of joint venture structure
SCOTTSDALE, AZ / ACCESS Newswire / April 9, 2025 / Ronn Inc. (OTC PINK:RONN), A global innovator in hydrogen mobility and clean energy infrastructure, announced today that it has entered into a Strategic Commercial Market Access Agreement with a respected international intermediary group specializing in Saudia Arabia with early-stage relationship development between high-growth technology firms and sovereign infrastructure partners.
This agreement represents Phase One of a broader framework intended to position Ronn Inc. for a long-term financial and technology partnership across both the United States and the Kingdom of Saudi Arabia. "It will establish our manufacturing and production in Saudi Arabia as well as the US where the collaboration with Saudi Arabia is a powerful collaboration at this time," said Ronn Ford, CEO of Ronn Inc. The discussions currently underway are aimed at forming a 50/50 regional joint venture, which would establish a significant operating presence for Ronn Inc. within the Kingdom.
"Our team is proud to be building what we believe will become a transformational long-term alliance," said Ronn Ford, CEO of Ronn Inc. "Saudi Arabia continues to demonstrate visionary leadership in innovation, infrastructure, and energy transformation. We are honored to be invited into this dialogue and to contribute to the country's dynamic Vision 2030 roadmap."
The proposed joint venture in The Kingdom Of Saudi Arabia is expected to focus on localized manufacturing and regional deployment of Ronn Inc.'s hydrogen technologies, including hydrogen-powered supercars, commercial mobility platforms, hydrogen trucks, and modular fueling infrastructure. These initiatives are fully aligned with the Kingdom's Vision 2030 strategy and its multi-sector commitment to hydrogen as a central pillar of its future energy landscape.
The announcement follows recent news of Saudi Arabia's intent to commit over one trillion dollars in U.S. strategic investments, reinforcing the deepening collaboration between both nations in advanced technologies and industrial innovation.
Phase 1: Current planning includes the establishment of a regional headquarters in the Kingdom, in collaboration with a group of strategic partners with proven success in rail technology, real estate, transportation, and public-private mega infrastructure.
Further details on phase 2 and phase 3 in Saudi Arabia will be disclosed as the joint venture structure and operating scope are finalized.
Forward-Looking Statements
This press release contains forward-looking statements subject to inherent risks and uncertainties. Actual results may vary materially due to numerous factors beyond the company's control. RONN Inc. undertakes no obligation to revise or update these statements unless legally required publicly.
CONTACT:
Investor Relations:
Ronn Ford CEO
ronn.ford@ronnmotorgroup.com
Social Media: [@RONNMotorGroup on X]. (https://x.com/RONNMotorGroup)
Website: [www.ronnmotorgroup.com]. (http://www.ronnmotorgroup.com)
SOURCE: RONN
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