Welcome to our dedicated page for Hyliion Holdings Corporation news (Ticker: HYLN), a resource for investors and traders seeking the latest updates and insights on Hyliion Holdings Corporation stock.
Hyliion Holdings Corp. (HYLN) is a developer of electricity-producing technologies centered on its KARNO Power Module, a modular, fuel‑agnostic power generation system. Company news frequently highlights progress in testing, regulatory developments, and commercialization efforts for this distributed power platform.
Recent announcements have covered extended operational testing of KARNO units, including over 100 days of operation on a customer asset without unplanned hardware‑related downtime and successful completion of a mission‑representative U.S. Navy load profile. Hyliion also reports internal emissions testing results showing that the KARNO Power Module can meet stringent local air‑quality standards without exhaust aftertreatment.
Regulatory news includes confirmation from the U.S. Environmental Protection Agency that the KARNO technology is not regulated as an internal combustion engine under existing federal rules, which shapes the permitting pathway for future deployments. Additional updates describe fuel‑flexibility demonstrations, such as dynamic switching between natural gas and propane under load, and work on integrating the technology with high‑voltage DC architectures relevant to AI data centers.
Investors and observers following HYLN news can expect coverage of quarterly financial results, conference presentations, development contracts with organizations such as the Office of Naval Research, and operational milestones related to manufacturing and certification of the KARNO Power Module. This page aggregates those updates so readers can track how Hyliion’s technology, markets, and regulatory position are evolving over time.
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 (NYSE: HYLN) has announced its upcoming participation in the Sidoti Virtual Conference scheduled for November 13-14, 2024. The company's Founder and CEO Thomas Healy, along with CFO Jon Panzer, will deliver a presentation on November 13 at 1:30 p.m. CT. The presentation will showcase Hyliion's sustainable electricity-producing technology and innovations in distributed power generation, highlighting their commitment to energy sustainability. Interested parties can access the presentation through the provided webcast link.
Hyliion Holdings (NYSE: HYLN) has announced its upcoming third quarter 2024 financial results conference call and webcast, scheduled for November 15, 2024, at 11:00 a.m. ET / 10:00 a.m. CT. The company plans to release its Q3 2024 financial results after market close on November 14, 2024. The conference call will include a discussion of financial results, business updates, and outlook. Investors can access the Q&A session through online registration and view the webcast through the provided link. An archived version of the webcast will be available on Hyliion's Investor Relations website.
Hyliion Holdings Corp. (NYSE: HYLN) announced its decision to transfer its stock listing from the New York Stock Exchange to the NYSE American exchange. The transition will be effective after market close on November 8, 2024, with trading on NYSE American beginning November 11, 2024, under the same ticker 'HYLN'. The move aims to benefit from reduced listing fees and regulatory flexibility offered by NYSE American, allowing more resources for product commercialization and technology development. The company confirms this transition won't affect shareholders' ability to trade or transfer stock.
Hyliion Holdings Corp. (NYSE: HYLN) has signed a non-binding Letter of Intent (LOI) with ANA Inc. to deploy KARNO generators in the mobile power generation market. ANA plans to procure up to six KARNO generators, starting with one 200kW unit in 2025 and potentially expanding to five additional units across multiple sites. The KARNO generator is a linear power generator system powered by heat and advanced through 3D metal printing. It features a hermetically sealed design with only one moving part per shaft, engineered for long, low maintenance operation. The generator can operate on over 20 different fuels, including natural gas, making it suitable for mobile applications. This partnership is subject to the execution of a binding agreement, covering volume thresholds, responsibilities, and potential exclusive collaboration on hybrid power generation solutions for the rental market.
Hyliion Holdings Corp. (NYSE: HYLN) announced that its KARNO™ linear generator now qualifies under California's Renewables Portfolio Standard (RPS) following the passage of Assembly Bill 1921. This inclusion allows KARNO to contribute to California's climate goals by delivering low-emission energy solutions using renewable fuels.
The RPS program requires 60% of retail electricity sales to come from renewable sources by 2030, aiming for 100% carbon neutrality by 2045. KARNO's versatility as a fuel-flexible power source, capable of using over 20 fuels including renewable natural gas, hydrogen, and ammonia, positions it to support these goals.
Hyliion's CEO, Thomas Healy, expressed excitement about supporting California's energy goals through their technology, emphasizing KARNO's potential to deliver clean, efficient power generation for growing energy markets.
Hyliion Holdings Corp. (NYSE: HYLN) has secured a $15+ million contract from the Office of Naval Research (ONR) to develop its KARNO generator for US Navy ships and stationary power applications. The innovative linear generation system, powered by heat and enabled by 3D metal printing, offers scalability, flexibility, and significant reductions in maintenance, emissions, and fuel consumption.
Key features of the KARNO generator include:
- Hermetically sealed architecture with only one moving part per shaft
- Designed for maintenance-free operation over long running hours
- High efficiency and quiet operation
- Adaptable power solutions for maritime environments
This contract aligns with the ONR's goal to leverage advanced technology for reducing carbon footprint and enhancing operational efficiency in naval operations.
Hyliion Holdings Corp. (NYSE: HYLN), a sustainable electricity-producing technology developer, is set to present at the 2024 Annual Gateway Conference on September 4, 2024, at 11:30 a.m. PT. The event will take place at the Four Seasons Hotel in San Francisco, CA.
Founder and CEO Thomas Healy and CFO Jon Panzer will represent Hyliion at the conference. Their presentation will be webcast live and available for replay. In addition to the scheduled presentation, Hyliion executives will be available for one-on-one meetings throughout the conference.
Interested parties can request an invitation or schedule a meeting by emailing conference@gateway-grp.com. This event provides an opportunity for investors and analysts to gain insights into Hyliion's sustainable technology developments and future plans.
Hyliion Holdings Corp. (NYSE: HYLN) has signed a non-binding Memorandum of Understanding (MOU) with Jardine Engineering (JEC) to explore the potential of Hyliion's KARNO generator in power generation projects across Asian markets. The KARNO generator is a fuel-agnostic, linear generator capable of operating on various fuels, offering lower maintenance costs and reduced emissions compared to conventional technologies.
This collaboration aims to combine Hyliion's innovative KARNO technology with JEC's extensive market presence and engineering expertise in the Asia Pacific region. The partnership is expected to provide sustainable power solutions and create new opportunities in Hong Kong, Macau, and other markets where JEC operates.
Hyliion Holdings Corp. (NYSE: HYLN) has been awarded a Small Business Innovation Research (SBIR) government contract by the United States Navy. The Phase 1 award, N241-060, tasks Hyliion with creating a preliminary design of a modular generator system integrating the Navy's specifications with Hyliion's KARNO™ generator technology.
The project aims to showcase a megawatt-scale modular system concept, designed to meet the U.S. government's Unmanned Surface Vessel (USV) cross-platform requirements. Hyliion plans to leverage its 200-kilowatt KARNO genset, combining multiple units to achieve the desired power output. The system is expected to offer efficient, flexible, and low-maintenance power generation for naval environments, with a 4,000-hour no-touch maintenance periodicity.