WeTheMarket
2 days ago
Hyliion Holdings Schedules First Quarter Financial Results Conference Call and Webcast for May 1, 2024
April 18 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93682060/hyliion-holdings-schedules-first-quarter-financial
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it will host a conference call and accompanying webcast at 11:00 a.m. ET / 10:00 a.m. CT on Wednesday, May 1, 2024, to discuss its financial results, the Company's business, and outlook. Hyliion plans to report its 2024 first quarter financial results after the market close on Tuesday, April 30, 2024.
Hyliion’s First Quarter 2024 Results Conference Call
Date: Wednesday, May 1, 2024
Time: 11:00 a.m. ET / 10:00 a.m. CT
Conference Call Online Registration:
https://events.q4inc.com/attendee/779376202
Access the Webcast:
https://registrations.events/direct/Q4I521878
An archived webcast of the conference call will be accessible on the Investor Relations section of the Hyliion website.
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 initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240418615093/en/
Hyliion Holdings Corp.
press@hyliion.com
Investor Relations
ir@hyliion.com
WeTheMarket
2 days ago
Hyliion’s Tech Odyssey
FreightWaves
28.6K subscribers
Posted Apr 17, 2024
Welcome to FreightWaves, your go-to destination for all things trucking and technology. In today's Community Spotlight, we sit down with Alan Adler, the host and writer of Art Truck Tech, fresh off his road trip adventures. Join us as we dive into the latest tech trends and innovations in Cincinnati!
- Hyliion's Tech Journey: Alan shares insights on Hyliion's journey, from their ambitious Hyper Truck Rex project to their pivot towards the Kado generator technology from General Electric.
- Unveiling Kado: The Future of Power Generation: Discover the revolutionary Kado generator, based on a Stirling engine, offering low emissions and versatile fuel options. Alan takes us behind the scenes of Hyliion's early production efforts in suburban Cincinnati.
- 3D Printing Revolution: Learn how additive manufacturing is driving innovation in the production of Kado parts, offering scalability and efficiency previously unseen in traditional manufacturing methods.
- Hyliion's Focus and Future: Alan discusses Hyliion's strategic focus on Kado technology, highlighting the company's resilience and adaptability in the face of challenges.
WeTheMarket
5 days ago
KARNO Generator Showcase Event | Business Update and Tour of the Hyliion Ohio Facility
Hyliion
3.94K subscribers
Posted Apr 12, 2024
Join Thomas Healy, Founder and CEO of Hyliion, for an update on the development of KARNO technology and a recap of the promising market opportunities for the company at the KARNO Generator Showcase event held on April 4, 2024, at Hyliion's cutting-edge R&D facility in Milford, Ohio. This event welcomed a select group of guests, including customers, partners, and media, providing them with a tour of the facility, featuring demonstrations of the KARNO genset on a dyno, visits to the emissions testing lab, exploration of additive manufacturing machines, and an overview of the 4-shaft setup of the generator.
WeTheMarket
1 month ago
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.
WeTheMarket
2 months ago
FD, overall very positive call. The only reservation I have, is this gut feeling, that the company still sounds more like an R&D company vs. a commercial one. It seems to me that they are moving too slowly, perhaps too cautiously to commercializing the KARNO generator. If it's as good as they say it is, why aren't they commercializing it faster. The demand for the product I'm sure is high, considering the government subsidies, the environment benefits, the higher efficiencies and lower operational costs, the lower maintenance costs, the low noise, etc., etc. Why are they moving so slowly to commercialize it? Why did GE gave this technology away?
WeTheMarket
2 months ago
Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results
February 13 2024
Link to Press Release https://investors.hyliion.com/news/news-details/2024/Hyliion-Holdings-Reports-Fourth-Quarter-and-Full-Year-2023-Financial-Results/default.aspx
Link to Presentation https://s25.q4cdn.com/501989927/files/doc_financials/2023/q4/2023-4th-Quarter-and-Full-Year-Earnings-Slides.pdf
Link to Webcast https://events.q4inc.com/attendee/695080565
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its fourth-quarter and full-year 2023 financial results.
Key Business Highlights
- Announced today, the KARNOTM generator is expected to qualify for up to a 40% tax credit under the Inflation Reduction Act’s Infrastructure Tax Credit (ITC)
- Announced today, Detmar Logistics executed a letter of intent for an initial KARNO unit to be deployed in the Permian Basin to operate on waste flare gas
- Executed a letter of intent to provide KARNO generators to GTL Leasing
- Confirmed plans to deliver initial KARNO generator units to customers in late 2024
- Began printing production-intent design components of the KARNO generator
- Successfully tested KARNO reactor technology on unprocessed Permian Basin gas; results surpassed emissions standards by 98% for CO and 76% for NOx
- Appointed Govindaraj Ramasamy as Chief Commercial Officer
- Announced $20 million Stock Repurchase Program
- Ended the year with $291 million of total cash and investments
- Guidance of $40 to $50 million cash expenditures for KARNO development in 2024
Executive Commentary
“I’m pleased to report that the company’s strategic shift to wind down powertrain operations and focus on our KARNO generator is on track, with significant achievements made in advancing our generator technology and engaging prospective customers during the quarter,” said Hyliion’s Founder and CEO, Thomas Healy. “We expect to deliver the initial KARNO generator deployment units with customers late in 2024 followed by a ramp-up in production and additional deliveries in 2025.”
KARNO Commercial Updates
Today, the company announced that, under the Inflation Reduction Act, the KARNO generator is expected to be characterized the same as a fuel cell, enabling customers to qualify for up to a 40% tax credit under the current ITC.
Hyliion is addressing the commercial power market first with a locally-deployable 200kW generating system which it intends to deliver to initial deployment customers in late 2024. To lead these efforts, Hyliion recently hired former Cummins powergen executive, Govi Ramasamy, as Chief Commercial Officer.
Hyliion also announced today that Detmar Logistics has executed a non-binding letter of intent for a KARNO generator and to be part of Hyliion’s early adopter program. Detmar, who supplied Hyliion with test gas from the Permian Basin, intends to operate their unit on waste flare gas to produce electricity at oil & gas sites, without the need for pre-treating the gas.
In addition to Detmar, Hyliion also announced a non-binding letter of intent with GTL Leasing to deliver two KARNO generators for their portable electric vehicle recharging business. Other customers’ letters of intent are in place or being finalized to represent the remaining planned deployments in 2024 and initial deliveries in 2025. Hyliion plans for initial deployments to represent a broad range of applications, including vehicle charging, waste gas fuel sourcing, and prime power generation.
KARNO Generator Development
Hyliion is developing a revolutionary new electrical generator powered by a linear heat motor that is expected to deliver step-change improvements in performance characteristics compared to conventional generating systems, including efficiency, emissions, maintenance requirements, noise levels and fuel flexibility. The KARNO generator is enabled by the latest advances in additive manufacturing technology. Hyliion hosted a Technology Fireside Chat in December 2023 during which Thomas Healy and Josh Mook, Chief Technology Officer, explained the capabilities and advantages of the generator.
Recent technological advancements include beginning to print production-intent design parts of the BETA design of the KARNO generator. The BETA generator design will go through validation throughout 2024 and then is expected to be ready for customer deployments later this year.
The company also tested unprocessed flare gas that was collected from the Permian Basin and confirmed the ability for the KARNO reactor to operate on this fuel, showcasing the fuel agnostic characteristics of the generator. Recent test results on this fuel highlight that the KARNO’s flameless oxidation process is expected to surpass current EPA Tier 4 emissions standards by 98% for CO and 76% for NOx with no additional aftertreatment or catalyst needed.
Powertrain Wind-Down
In November 2023, Hyliion announced that it was winding down its powertrain business segment to maintain the company’s strong cash position as it furthers development of the KARNO generator technology. The company intends to retain the powertrain technology, enabling it to explore future use or sale of the technology and tangible assets. Most wind-down activities are expected to be completed in the first quarter of 2024 while efforts to monetize powertrain assets and technology continue.
Financial Highlights and Guidance
Fourth quarter operating expenses totaled $32.6 million, compared to $31.6 million in the prior-year quarter as the company initiated powertrain wind-down actions. Fourth quarter expenses include $11.5 million of charges directly related to the wind-down, including employee severance, contract cancellation costs, and accelerated depreciation of assets.
Full-year expenses totaled $136.3 million, compared to $152.4 million for the full year in 2022. Expenses in 2022 include $28.8 million of one-time charges associated with the purchase of KARNO generator technology from GE. Cash expenditures for 2023 were $131 million, including net losses and capital investments. The company ended the year with $291 million in unrestricted cash, and short-term and long-term investments.
For 2024, total cash consumed by the KARNO generator business is expected to be between $40 and $50 million, down compared to $131 million in capital consumed by the company in 2023. This estimate excludes cash payments associated with the stock repurchase program, payments associated with the ongoing wind-down of powertrain operations, and cash generated from the sale of powertrain assets and technology. Hyliion expects to achieve commercialization of the KARNO generator with the capital on hand.
Projections for 2025 include growth of KARNO generator deliveries with proceeds from sales in the low double-digit millions of dollars. The company also projects gross margins to be approximately break-even or slightly negative and cash spending to grow modestly compared to 2024.
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, OH, 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 KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. 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.
WeTheMarket
2 months ago
Hyliion Names a Power Generation Industry Veteran Govi Ramasamy as Chief Commercial Officer
February 09 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93246085/hyliion-names-a-power-generation-industry-veteran
Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, has announced that Govindaraj (Govi) Ramasamy has joined the company as Chief Commercial Officer. In his role, Ramasamy will lead the commercial growth and performance for Hyliion, ensuring that the customer needs for 24/7 energy with a low emissions footprint are met globally.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240209767311/en/
With a distinguished career spanning 17 years in the power generation industry at Cummins, Ramasamy brings a wealth of expertise to Hyliion. His extensive experience, most recently as the leader of the Global Data Center Business, includes delivering strong revenue growth in the datacenter market and building a large order book for the segment. Ramasamy played a key role in positioning Cummins as an industry leader in energy transition through focused customer partnering, prioritizing investments, and championing next-generation technologies.
"Govi's leadership and proven track record of driving growth and delivering innovative solutions will be invaluable as we continue to expand our presence in the power generation market," said Thomas Healy, Founder and CEO of Hyliion. "His commitment to innovation and customer satisfaction aligns perfectly with Hyliion's goals, and we are thrilled to have him onboard."
During his tenure at Cummins, Ramasamy held various leadership roles across China, the Middle East, and North America, providing him with a unique global perspective on market needs and applications. His professional background encompasses sales, business strategy, product marketing, engineering, project development, execution, and supply chain management.
"I have always been convinced that technological advancement holds the answer to the clean energy needs of this world, and with KARNOTM generators, we are one step closer to delivering that promise," said Ramasamy. "I am truly excited to join the incredible team at Hyliion in bringing that promise to reality."
Ramasamy holds Mechanical and Industrial Engineering degrees and an MBA from Northwestern University, Chicago.
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, OH, 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 KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. 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.
Acer X1
3 months ago
Glad to help, Its called reversed phycology.
Get tired of people complaining about this stock.
So as to not be accused of pumping. You gently and antagonize
just enough of this board in Hyliion to get a knee jerk reaction from you so called investors, full of knowledge haha. And you opined and the stock went up. And I made money.
The funny thing about sheep, they will go where you want them to, just have to entice them, make them think they are smart, trick is try and find the narcissistic ones.
Shorting the stock? Actually thought that huh?
Well don't worry, I made my cash no need to return to this stock again. Its might hit 5.00 by years end if those prints get going with Karno. But not here to bag hold just take my money and leave now.
WeTheMarket
3 months ago
Hyliion Begins Printing Production-Intent Design Components of the KARNO™ Generator
January 24 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93126510/hyliion-begins-printing-production-intent-design-c
Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, today announced that it has begun printing parts for its production-intent design of the KARNO generator (BETA).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124934250/en/
The KARNO generator leverages additive manufacturing for production of many of its components including all critical heat exchangers and thermodynamics systems. This innovative manufacturing process not only enhances the precision and quality of these components but also contributes to the overall improved efficiency of the generator.
“We are thrilled to begin printing the production-intent design of the KARNO generator which showcases another major step on our path to deploying this technology with customers,” said Thomas Healy, Founder and CEO of Hyliion. “The initial 200 kW BETA units will operate at our Cincinnati, Ohio, development facility in order to confirm the superior efficiency levels, ultra-low emissions, and long runtime between maintenance.”
This significant achievement highlights that Hyliion has completed designs of the major components of the BETA version of the KARNO generator, and it is now ready for final validation. Throughout 2024, Hyliion will be completing testing and verification of the BETA generator to prepare for initial deployments to early adopters of the technology later this year. Hyliion will continue to improve the system design and leverage the flexible capabilities of additive manufacturing. Hyliion is well-positioned to meet the milestones previously outlined for the completion of BETA development by the first half of 2024.
Today, Hyliion’s Founder and CEO, Thomas Healy, will be a featured speaker on "Modern Electrification Needs and the Rise of Distributed Power Generation" at the POWERGEN International Conference in New Orleans, LA.
Watch the livestream of the presentation at 2:00 p.m. CT on Wednesday, January 24th, 2024: bit.ly/3O4ja6A
About the KARNO Generator
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 show up to 50% fuel efficiency, require significantly lower maintenance costs, and have a much lower emissions profile than conventional generators. It is also capable of operating on over 20 different fuels, including hydrogen, natural gas, propane, ammonia and conventional fuels.
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.
WeTheMarket
3 months ago
Starts in 25 minutes: Hyliion to Participate in POWERGEN International Conference, today at 2pm CT.
Hyliion to Participate in POWERGEN International Conference
January 19, 2024
https://investors.hyliion.com/news/news-details/2024/Hyliion-to-Participate-in-POWERGEN-International-Conference/default.aspx
AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024. Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program part of the event to discuss the modern electrification needs and the rise of distributed power generation.
Presentation Date:
January 24, 2024, 2:00 p.m. CT
Location:
New Orleans, Louisiana, Ernest N. Morial Convention Center
Room 208
The presentation will be webcast live on Hyliion’s Youtube and archived on our investor website.
Webcast link: here
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, OH, 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 Karno generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. 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.
WeTheMarket
3 months ago
Reminder: Hyliion to Participate in POWERGEN International Conference, today at 2pm CT.
Hyliion to Participate in POWERGEN International Conference
January 19, 2024
https://investors.hyliion.com/news/news-details/2024/Hyliion-to-Participate-in-POWERGEN-International-Conference/default.aspx
AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024. Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program part of the event to discuss the modern electrification needs and the rise of distributed power generation.
Presentation Date:
January 24, 2024, 2:00 p.m. CT
Location:
New Orleans, Louisiana, Ernest N. Morial Convention Center
Room 208
The presentation will be webcast live on Hyliion’s Youtube and archived on our investor website.
Webcast link: here
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, OH, 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 Karno generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. 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.
WeTheMarket
3 months ago
HN35, welcome to the board. Great first post. Just a friendly reminder to post links when referencing articles, videos, etc. Following is the information on the video referenced in your post. Transcripts for the video are available here.
KARNO Generator Tech Fireside Chat
Hyliion
3.88K subscribers
Posted Dec 12, 2023
KARNO Generator Tech Fireside Chat with Hyliion Founder and CEO, Thomas Healy, and CTO, Josh Mook, featuring:
Timestamps
00:00 - KARNO Generator Technology overview, benefits and features
04:39 - Main generator components and what makes them unique
07:32 - Additive Manufacturing process
10:05 - Real-life flameless oxidation process showcase and heat reactor testing on various fuels
11:31 - KARNO system vs conventional diesel engine noise performance comparison
14:10 - Technology Q&A with Thomas Healy and Josh Mook
Learn more about Hyliion and KARNO technology here: https://hyliion.com
HyperNebula35
3 months ago
Hello team Hyliion here is a review of the fireside tech chat 😃
I'm reviewing the YouTube hyliion Karno tech chat, please watch yourselves to learn more..
key points...
As stated by TH (CEO) most exciting initial use cases are prime power, ev charging, and waste gases. Landfills, flared gas from oil and gas production, hospitals, hotels, and EV charging seem to be most likely examples to adapt initially. And remember the karno is expected to be lower cost overall and there are new taxes being proposed in the USA on flared gases or methane emissions (thank you Joe).
karno parts now taking three days to 3D print are expected to take hours to print in the near future (2-3 years maybe) but continued improvement is expected.
karno as reported in the video is double the efficiency of new diesel generators as stated by the CTO of hyliion the karno is 50% efficient...a combined cycle gas plant (extremely or most efficient) is close to 60% efficient. The karno is expected to be as efficient as all known fuel cells!!! For example using a diesel powered karno you would run twice as long on the same size fuel tank compared to a diesel generator!! Karno will meet off-road EPA tier four requirements for diesel use.
karno does work with any heat input nuclear, solar heat exchanger and others will operate karno. Karno is completely fuel agnostic by software. No changes of parts or adjustments to use diesel, natural gas, hydrogen, ammonia, raw permian gas or any other hydrocarbon!
An upwards of 95% efficiency is created using karno for electricity and heat using a heat exchanger as stated by the CTO. Creating an almost "no brainier" use case. Karno will also achieve and surpass military specifications!
the karno is quiet as shown the diesel generator was similar in decibels to a loud lawnmower and the karno was similar to a quiet blender. The karno also has a very small footprint. About two feet wide eight feet long and six feet high for the entire 200kw system.
The design team is already well underway in designing and developing the linear motor or middle section of the karno. Libertines motor is currently being used however the goal is by the end of this year the karno is completely hyliion tech. Again the linear generator will be completely in-house late this year!!!
karno will self monitor and alert the user if a system error occurs. The karno is expected to operate maintenance free for 20,000 hours (2.21 years), then need a single part exchanged.
The design team is already well underway in designing and developing the linear motor or middle section of the karno. Libertines motor is currently being used however the goal is by the end of this year the karno is completely hyliion tech. Again the linear generator will be completely in-house late this year!!!
karno will self monitor and alert the user if a system error occurs. The karno is expected to operate maintenance free for 20,000 hours (2.21 years), then need a single part is exchanged.
Hyliion is expecting initiating low volume production of a 100% completely hyliion Karno to be deployed by paying customers late this year! As described the heater, reactor, and chiller will all be hyliion tech!!!
because of the initial low volume production demand for the karnos produced is greatly exceeding supply!
WeTheMarket
3 months ago
Hyliion to Participate in POWERGEN International Conference
January 19, 2024
https://investors.hyliion.com/news/news-details/2024/Hyliion-to-Participate-in-POWERGEN-International-Conference/default.aspx
AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024. Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program part of the event to discuss the modern electrification needs and the rise of distributed power generation.
Presentation Date:
January 24, 2024, 2:00 p.m. CT
Location:
New Orleans, Louisiana, Ernest N. Morial Convention Center
Room 208
The presentation will be webcast live on Hyliion’s Youtube and archived on our investor website.
Webcast link: here
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, OH, 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 Karno generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. 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.
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