HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company
OUSTON, Jan. 30, 2025 /PRNewswire/ — HNO International (OTC: HNOI) is excited to announce a hydrogen offtake agreement with a Texas-based company supporting zero-emission mobility. Under the agreement, HNO will supply hydrogen from its 1.25 MW Scalable Hydrogen Energy Platform (SHEP™), which produces up to 500 kilograms of clean hydrogen daily.
This hydrogen will power the customer’s fleet of Class 8 hydrogen fuel cell vehicles (FCEVs), ensuring efficient and sustainable long-haul transportation. The agreement also integrates HNOI’s Compact Hydrogen Refueling System (CHRS™) for refueling support. With room for expansion, HNOI is projecting to reach nearly $10 million in multi-year contracts as HNOI rapidly scales hydrogen production within the first year of operation.
Don Owens, founder and CEO of HNO International, said :
This agreement highlights the growing demand for clean hydrogen fuel in heavy-duty transportation,
“Our SHEP system and CHRS refueling stations provide reliable, scalable solutions for long-haul operations, helping reduce the environmental impact of freight mobility. We’re excited to support this effort and look forward to expanding our production capacity to meet rising demand.”
The Texas-based company, a leader in zero-emission mobility, is at the forefront of using hydrogen to decarbonize transportation. Their adoption of hydrogen fuel cell technology supports both environmental sustainability and business growth by offering a viable alternative to diesel without compromising operational efficiency.
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HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company, source