HyOrc Corporation entered into a Binding Project Development and Technology Agreement with the Bulgarian-based OnEnergy GreenPower EAD and On Energy EOOD. The collaboration focuses on developing a waste-to-methanol facility in Bulgaria using refuse-derived fuel (RDF) as feedstock.
HyOrc is appointed as the technology partner for Stage 3, providing the technical basis and process design for thermochemical conversion of RDF into green methanol. The project is designed to process approximately 50,000 tonnes of RDF per year, operating about 330 days per year with a daily throughput of roughly 150–155 tonnes, subject to final engineering.
The agreement includes provisions for HyOrc to lead technical components for a potential submission to the European Union Innovation Fund, as well as exclusivity for its technology in the project, continuity of its technical role, confidentiality, and defined compensation terms if either party withdraws under certain circumstances.
HyOrc Corporation is registering its common stock under Section 12(g) of the Exchange Act and discloses operations focused on hydrogen, methanol, and waste-to-energy technologies. The company reports recurring losses, a $1.63 million net loss in 2024, an accumulated deficit of $8.2 million, and a going‑concern disclosure. As of September 30, 2025, cash was approximately $22,427, total assets were $22.07 million, and shares outstanding were 737,089,956 as of December 27, 2025. Material items disclosed include an offline 2 MW geothermal plant subject to litigation, planned green methanol pilot (8 TPD) with Phase 1 potentially operational in July 2026 or later, and an estimated need to raise at least $5 million over 24 months to advance projects.
HyOrc Corporation entered into a financing deal with GS Capital Partners, LLC, issuing a $150,000 convertible promissory note on March 13, 2026. The note carries an $11,000 original issue discount, providing $139,000 in gross cash proceeds before approximately $4,000 of expenses.
The note matures on September 13, 2026 and can be converted into common stock at 77% of the lowest trading price over the 10 trading days before each conversion date. HyOrc agreed to issue 250,000 returnable collateral shares and to reserve up to 5,000,000 shares for potential conversions.
The note, its conversion shares, and the returnable shares were issued as unregistered securities in a private placement relying on Section 4(a)(2) and/or Regulation D exemptions.
HyOrc Corporation is registering its common stock under Section 12(g) of the Exchange Act.
The filing discloses 737,089,956 shares outstanding as of December 27, 2025, recurring operating losses, and a going concern emphasis. As of September 30, 2025, cash and equivalents were $22,427 and total assets were approximately $22.07 million. Management estimates it needs at least $5 million over the next 24 months to pursue commercialization initiatives. The Biliran 2 MW geothermal plant is offline due to litigation; recovery efforts are ongoing.
HyOrc Corporation, a Wyoming-based clean-energy developer, is registering its common stock under Section 12(g) and becoming a full SEC reporting company. The business focuses on external-combustion hydrogen engines, waste-to-methanol production, and geothermal and distributed power projects, following a 2024 reverse merger with SRE Power.
In 2024, HyOrc recorded about $617,000 of revenue, mainly from technical services on a 2MW geothermal plant in the Philippines, but incurred a net loss of about $1.63 million, lifting its accumulated deficit to $8.2 million. Total assets rose to roughly $22.2 million, largely from merger-related intangibles and the Biliran contract asset, while liabilities remain modest.
The Biliran plant has been offline during 2025 due to disputes, resulting in no material interim revenue and an auditor going concern emphasis. As of September 30, 2025, HyOrc has limited cash and estimates it must raise at least $5 million over 24 months to fund R&D, commercialization, and a green methanol pilot plant in Portugal, where it targets long-term offtake and potential phased expansion.
HyOrc Corporation, a Wyoming-based clean-energy developer, is registering its common stock under the Exchange Act following a 2024 reverse merger with SRE Power, Inc., shifting its focus from legacy mining and real estate to hydrogen engines, green methanol, and geothermal-linked projects. In 2024, HyOrc recorded its first revenues of $617,115, mainly from technical services on a geothermal project, but operating expenses rose to $2,249,279, leading to a net loss of $1,632,163 and an accumulated deficit of $8,216,241 as of December 31, 2024.
Total assets increased to $22,235,918, driven by $15,755,344 of goodwill from the reverse acquisition, $3,604,558 of patents, and $2,700,000 of other non-current assets tied to a 2MW geothermal plant in the Philippines, which is currently offline and partially impaired. Liabilities are modest at $160,168, but auditors included a going concern emphasis due to recurring losses, limited cash of $176,016, and dependence on new capital. Management estimates it needs at least $20 million over 24 months to fund development and commercialization. As of December 31, 2024, there were 728,193,618 common shares outstanding, with the CEO beneficially owning about 53%.
HyOrc Corporation (HYOR) is an early-stage clean-energy company positioning proprietary hydrogen engines and waste-to-methanol technology for power generation, ports, rail retrofits and shipping fuels. The company completed a reverse merger with SRE Power in August 2024, issuing ~655 million shares and recognizing significant goodwill and intangible assets, driving total assets to approximately $22.2 million at December 31, 2024 from $6.5 million a year earlier. Revenues of ~$617,000 in 2024 arose from engineering services for a 2MW geothermal project; there were no 2023 revenues. Net loss widened to about $1.63 million in 2024 versus $63,000 in 2023 as operations and legal and professional costs scaled. A 2MW Biliran plant constructed in 2023 is offline since October 2024 amid disputes; SRE seeks remedies and contemplates U.S. litigation for damages in excess of $25 million.