HyOrc (HYOR) Enters North American Rail with Hydrogen-Ready Engine MOU; Green Methanol Project Advances Toward Financed Offtake, Signaling Clear Path to Revenue

Rhea-AI Summary

HyOrc (OTC: HYOR) signed a Memorandum of Understanding with Zeltech to jointly develop and deploy HyOrc’s hydrogen-ready gas-engine locomotives in the United States, starting with a California pilot and engagement with the California Energy Commission for grant support.

HyOrc also advanced a Portugal green methanol project that expects a rated international buyer offtake as the final step to enable project financing and provide long-term revenue visibility. The initiative targets the U.S. freight rail market, valued at $71.8 billion (2025), and aligns with the company’s ongoing SEC reporting transition and pursuit of an OTCQB uplisting.

Positive

• Signed MOU with Zeltech to develop hydrogen-ready locomotives
• Pilot program planned in California targeting grant engagement
• Portugal methanol project nearing offtake, enabling financing potential
• Addresses a $71.8 billion U.S. freight rail market (2025)

Negative

• Offtake for Portugal project is expected but not yet final
• OTCQB uplisting and SEC reporting transition remain ongoing and unsettled

HOUSTON, Nov. 10, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: HYOR), a clean-energy technology company developing multi-fuel engines and waste-to-methanol systems, today announced the signing of a Memorandum of Understanding (MOU) with Zeltech (Zero Emissions Locomotive Technologies) to jointly develop and deploy HyOrc’s hydrogen-ready gas-engine locomotives in the United States. This dual focus on two high-growth, high-margin markets strengthens HyOrc’s positioning as it advances toward its OTCQB uplisting and ongoing SEC reporting process, offering investors exposure to scalable clean-energy growth.

The collaboration will focus initially on a California-based pilot project, where the partners plan to engage with the California Energy Commission (CEC) and other agencies for grant support. The program aims to demonstrate HyOrc’s patented external-combustion powertrain, a zero-emission, multi-fuel system that can operate on hydrogen, natural gas, or renewable fuels — offering freight operators a cost-effective path to decarbonization.

This partnership targets the U.S. freight rail market, which is valued at an estimated $71.8 billion (2025). The sector is under increasing regulatory and competitive pressure to transition its fleet, creating a significant, mandated growth opportunity for zero-emission powertrain retrofits.

“This partnership marks HyOrc’s entry into the North American rail market,” said Andrea Magalini, President of HyOrc. “Zeltech’s rail expertise and our proven powertrain technology create a strong foundation for clean, scalable freight transport.”

In parallel, HyOrc is advancing its green methanol project in Portugal, based on its proprietary waste-to-methanol technology that converts municipal solid waste into clean fuel. The Portugal facility is expected to include an offtake agreement with a rated international buyer, which is the final step required to enable project financing and deliver long-term, guaranteed revenue visibility. As global shipping transitions to methanol to meet IMO 2030 targets, HyOrc’s projects position the company to serve one of the world’s fastest-growing clean-fuel markets.

Unlike technologies reliant on subsidies, HyOrc’s projects are underpinned by guaranteed demand and contract-based revenues — including methanol sales through long-term offtakes and locomotive retrofits financed directly by freight operators.

“Our technology is validated, audit complete, and SEC reporting transition underway,” added Magalini. “HyOrc is now focused on disciplined execution and value creation through real, revenue-generating assets.”

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

FAQ

What did HyOrc (HYOR) announce on November 10, 2025 regarding locomotives?

HyOrc signed an MOU with Zeltech to jointly develop hydrogen-ready gas-engine locomotives and launch a California pilot.

How does HyOrc’s Portugal green methanol project affect HYOR financing?

HyOrc says a rated international buyer offtake is the final step required to enable project financing.

What market size does HyOrc target with its rail partnership (HYOR)?

The partnership targets the U.S. freight rail market, cited at $71.8 billion (2025).

Does HyOrc (HYOR) plan government engagement for its rail pilot?

Yes; the partners plan to engage the California Energy Commission and other agencies for grant support.

What corporate milestones is HyOrc (HYOR) pursuing alongside these projects?

HyOrc is advancing its SEC reporting transition and pursuing an OTCQB uplisting.