A New Sheriff In Town: HyOrc Saddles Up To Power the LA-SF Rail Corridor

Rhea-AI Summary

HyOrc (OTCID: HYOR) announced a Memorandum of Understanding between its exclusive U.S. locomotive partner, Zero-Emission Locomotive Technologies (ZELTECH), and Dreamstar Lines to explore next-generation clean-energy locomotives for the Los Angeles–San Francisco corridor.

The MOU proposes hybrid and hydrogen-ready repower solutions using the HyOrc Rankine-cycle multi-fuel engine, with ZELTECH exclusively authorized for U.S. locomotive applications. Parties intend a HyOrc–ZELTECH joint venture to develop, integrate, and commercialize repower systems. HyOrc also confirmed its Form-10 registration is effective, making it a fully reporting public company under the Securities Exchange Act of 1934.

Positive

• MOU signed with Dreamstar and ZELTECH for LA–SF corridor exploration
• Exclusive U.S. authorization for ZELTECH to use HyOrc engine in locomotives
• Form-10 effective, making HyOrc a fully reporting public company

Negative

• MOU and joint venture described as proposals/intent, not finalized commercial contracts

HOUSTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR) is pleased to announce that its exclusive U.S. locomotive partner, Zero-Emission Locomotive Technologies, LLC (ZELTECH), has signed a Memorandum of Understanding with Dreamstar Lines, a passenger rail operator preparing premier overnight rail services designed for a modern era, between Los Angeles and San Francisco.

Under this MOU, Dreamstar and ZELTECH propose using next-generation clean-energy locomotive solutions for the LA-SF corridor — including hybrid configurations powered by the HyOrc Rankine-cycle multi-fuel engine, which ZELTECH is exclusively authorized to use for all U.S. locomotive applications.

This MOU marks an important step in HyOrc’s entry into the North American rail market. Through the forthcoming HyOrc–ZELTECH joint venture, the parties intend to develop, integrate, and commercialize hydrogen and multi-fuel locomotive repower systems for U.S. operators. Dreamstar’s participation, combined with California’s established zero-emission rail programs, creates a clear pathway for HyOrc-powered locomotives in the state.

The following statements were provided by the executives leading the initiative:

“Dreamstar’s vision is of transportation that’s cleaner, smarter, and built for the decades ahead. Working with ZELTECH and HyOrc puts us firmly on that path.”
— Thomas Eastmond, President, Dreamstar Lines

“California’s railroads need a clean-power workhorse. With HyOrc’s engine, zero-emission locomotives are finally within reach.”
— Tom Mack, CEO, ZELTECH

“The HyOrc engine offers high efficiency, reliability, and fuel flexibility. Working with Dreamstar and ZELTECH lets us prove this on a major corridor and speeds up the move to clean, commercial rail.”
— Reginald Fubara, CEO, HyOrc

HyOrc also confirms that its Form-10 registration has recently gone effective, making HyOrc a fully reporting public company under the Securities Exchange Act of 1934 — an important milestone in transparency and institutional readiness.

About HyOrc Corporation

HyOrc Corporation (OTC: HYOR) develops and commercializes patented hydrogen-capable combustion and waste-to-fuel systems for the shipping, rail, and off-grid power sectors. HyOrc delivers clean, cost-competitive energy solutions that support global decarbonization.

Website: www.hyorc.com Investor Contact: comms@hyorc.com

Forward-Looking Statements

This release contains forward-looking statements under Sections 27A and 21E of the Securities Acts of 1933 and 1934. These statements involve risks and uncertainties that may cause actual results to differ materially. Factors are described in Company filings with the SEC. The Company undertakes no obligation to update such statements.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0df2d3e-65b3-4873-adbe-851c42dc1351

FAQ

What did HyOrc (HYOR) announce on November 24, 2025 regarding the LA–SF rail corridor?

HyOrc said its U.S. partner ZELTECH and Dreamstar signed an MOU to explore HyOrc-powered hybrid and hydrogen locomotive solutions for the Los Angeles–San Francisco corridor.

Does ZELTECH have exclusive rights to use the HyOrc engine in U.S. locomotives (HYOR)?

Yes; the announcement states ZELTECH is exclusively authorized to use the HyOrc Rankine-cycle multi-fuel engine for all U.S. locomotive applications.

Will HyOrc (HYOR) commercialize locomotive systems in the U.S.?

The parties intend to form a HyOrc–ZELTECH joint venture to develop, integrate, and commercialize hydrogen and multi-fuel locomotive repower systems.

Is the Dreamstar MOU a binding contract that guarantees locomotive orders for HYOR?

No; the announcement frames the relationship as an MOU and proposals where parties intend to develop solutions, which does not itself confirm binding orders.

How does HyOrc's Form-10 effectiveness affect HYOR investors?

HyOrc confirmed its Form-10 registration is effective, which makes the company a fully reporting public company under the Securities Exchange Act of 1934.

What technology will HyOrc (HYOR) supply for the proposed locomotives?

The proposal references the HyOrc Rankine-cycle multi-fuel engine in hybrid configurations and hydrogen-capable repower systems for next-generation clean-energy locomotives.