First Hydrogen (FHYDF) Stock News

First Hydrogen (OTC: FHYDF) entered a binding Letter of Intent to acquire a 60% interest in Exodus Actuation Solutions, a robotics IP company.

The transaction contemplates issuing 2,000,000 common shares in stages and funding US$2,000,000, subject to due diligence, definitive agreements, and TSXV approval. Exodus holds 25 issued and 11 pending patents for actuators and motors used in robotics, EVs, drones, and renewable-energy applications.

First Hydrogen (OTC: FHYDF) provided a corporate update on December 16, 2025, describing R&D and strategic initiatives across hydrogen and small modular reactor (SMR) integration.

The company launched a technical research program with the University of Alberta (led by Professor Muhammad Taha Manzoor) to identify non-radioactive surrogate molten salt fuel mixtures for lab-scale experimentation, enabling reactor fuel materials and design optimization without using radioactive materials. Next steps include lab setup, experimental planning and supplier collaboration. The long-term plan pairs SMR power with electrolysis to produce green hydrogen for data centres, AI infrastructure and hydrogen fuel-cell vehicles.

First Hydrogen (OTC: FHYDF) announced on November 25, 2025 the start of technical research with the University of Alberta to select non‑radioactive surrogate molten‑salt fuel mixtures for future lab‑scale SMR prototypes. The initial phase covers design, optimization, materials selection, procurement assessment, and regulatory considerations for surrogate salts that mimic uranium‑bearing fuel salts without using uranium.

The work, led by Prof. Muhammad Taha Manzoor, will guide First Hydrogen's next R&D steps including lab setup, test planning, and supplier engagement and aims to de‑risk future prototype testing for SMR applications such as data centre power and green hydrogen production.

First Hydrogen (OTC: FHYDF) welcomed the European Commission's November 13, 2025 launch of the Hydrogen Mechanism and new H2 Matchmaking Platform, a supply-and-demand tool inside the EU Energy and Raw Materials Platform. The platform connects hydrogen producers and buyers to speed project finance, secure offtake commitments, and advance renewable and low-carbon hydrogen deployment across the EU.

Key features: streamlined partner matching, aggregated voluntary supply/demand data, access for domestic and international suppliers, and company registration to submit offers and review requests. First Hydrogen cited use cases for its hydrogen fuel-cell vehicles and green energy projects in the UK, EU, and North America.

First Hydrogen (OTC:FHYDF) has expressed support for Canada's fast-tracking of the Darlington Small Modular Reactor (SMR) project, which aligns with the company's green energy strategy. The project, announced by Prime Minister Mark Carney, positions Canada to become the first G7 nation with an operational SMR.

The company is advancing its SMR technology through a strategic collaboration with the University of Alberta, focusing on design optimization and reactor fuel materials. First Hydrogen launched First Nuclear Corp. in March 2025 to integrate SMR power with electrolysis for green-hydrogen production, targeting off-grid and industrial sites. The initiative comes as Goldman Sachs forecasts data center power demand to increase by 50% by 2027 and up to 165% by 2030, requiring an estimated US$720 billion in grid spending.

First Hydrogen Corp. (TSXV: FHYD, OTC: FHYDF, FSE: FIT) has issued an important update regarding voting procedures for their upcoming Annual General Meeting scheduled for July 18, 2025. Due to ongoing Canada Postal negotiations and the proxy voting deadline of 10:00 AM PT on July 16, 2025, the company strongly recommends shareholders vote via internet or phone. Registered shareholders must obtain a control number from Computershare Trust Company by calling 1-800-564-6253 to vote online at www.investorvote.com or by phone at 1-866-732-8683. Shareholders with shares in brokerage accounts should contact their brokers for online voting instructions. Detailed voting instructions are available on the proxy form on First Hydrogen's website and SEDAR+.

First Hydrogen (FHYDF) has announced a strategic collaboration with the University of Alberta's Renewable Thermal Laboratory to advance Small Modular Nuclear Reactor (SMR) technology. The partnership, led by Dr. Muhammad Taha Manzoor, focuses on fuel reactor materials and design optimization, particularly considering the growing energy demands of AI data centers. The project emphasizes molten salt technology, which offers superior safety, efficiency, and flexibility in nuclear operations. This initiative aligns with First Hydrogen's mission to integrate advanced nuclear technology with green hydrogen production, addressing the projected surge in electricity demand from data centers, expected to exceed 945 terawatt hours by 2030, surpassing Japan's current total electricity consumption.

First Hydrogen Corp. (FHYDF) has launched its subsidiary, First Nuclear Corp., focusing on clean energy production through Small Modular Reactors (SMRs). The initiative aims to integrate advanced nuclear technology with green hydrogen production to support global decarbonization efforts.

The company highlights SMRs' advantages including compact design, scalability, and weather-independent power supply. According to IDTechEx, the global SMR market is projected to reach US$72.4 billion by 2033 and US$295 billion by 2043, with a 30% CAGR.

SMRs offer several benefits: they require less frequent refueling (every 3-7 years vs 1-2 years for conventional plants), feature enhanced safety systems, and can be manufactured off-site for faster deployment. The green hydrogen market, valued at US$2.5 billion in 2022, is expected to reach US$143.8 billion by 2032, growing at a 50.3% CAGR.

First Hydrogen Corp. (FHYDF) has announced the incorporation of its wholly-owned German subsidiary, First Hydrogen GmbH, marking its strategic expansion into the European market. This move aligns with Germany's renewable energy initiatives and hydrogen technology leadership.

The expansion comes as Germany implements a €500-billion special infrastructure fund and adopts a new hydrogen import strategy to meet projected demand of 95-130 TWh by 2030, with imports expected to cover 50-70% of needs. The country has approved plans for a €19 billion, 9,040-kilometer hydrogen network to be operational by 2032.

First Hydrogen plans to provide green hydrogen supply, including the application of small modular nuclear reactors (SMRs). The company is evaluating innovative SMR technologies, noting that nuclear energy has received a green label under EU taxonomy, producing significantly lower CO2 emissions compared to traditional energy sources.