Hyliion Holdings Corp (HYLN)

[WeTheMarket]

Hyliion Hosts a KARNOTM Technology Showcase Event at its New Cincinnati, Ohio, Facility
March 18 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93504784/hyliion-hosts-a-karnotm-technology-showcase-event

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, will host a KARNO Technology Showcase event on Thursday, April 4, 2024, at the Hyliion Cincinnati, Ohio, facility.

The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Modular in design, the generator is expected to deliver up to 50% fuel efficiency, require significantly lower maintenance costs, and have a much lower emissions profile than conventional generators. It will also be capable of operating on over 20 different fuels, including hydrogen, natural gas, propane, ammonia, and other conventional fuels.

The KARNO Technology Showcase event will take place at Hyliion's new facility in Ohio where the majority of the generator development is taking place. This impressive facility can leverage wind and solar power generation onsite and is conditioned to be able to utilize power produced by the KARNO generator.

During the event, the Hyliion team will provide an in-depth presentation of the KARNO technology and address the use of additive printing for producing components. Attendees will also experience a live demonstration in the emissions testing lab, showcasing the system's versatile fuel adaptability and its commitment to low-emission performance.

Attendance at the showcase event is by invitation only and will feature elected officials, customers, strategic partners, investors, media representatives, and other key stakeholders.

In addition to the Ohio facility, Hyliion also maintains its headquarters in Austin, Texas. Spanning 120,000 square feet, this facility is earmarked to become the company's manufacturing hub by late 2024. This strategic expansion highlights Hyliion's commitment to innovation and its ambition to enhance production capabilities, positioning it for continued success in the industry.

About Hyliion

Hyliion is committed to creating innovative solutions that enable clean, flexible, and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is addressing the commercial space first with a locally deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.