Hyliion Enters Non-Binding MOU With Jardine Engineering To Explore Implementation Of KARNO Technology In Power Generation Projects Across Hong Kong, Macau, And Other Markets
Portfolio Pulse from Benzinga Newsdesk
Hyliion has entered a non-binding Memorandum of Understanding (MOU) with Jardine Engineering to explore the use of KARNO technology in power generation projects in Hong Kong, Macau, and other markets. This collaboration could expand Hyliion's market reach and application of its technology.
August 19, 2024 | 12:31 pm
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Hyliion's MOU with Jardine Engineering to explore KARNO technology in power generation projects could lead to market expansion and increased application of its technology.
The MOU with Jardine Engineering suggests a strategic move for Hyliion to expand its technology application in new markets. This could positively impact Hyliion's market presence and future revenue streams, leading to a potential short-term positive impact on its stock price.
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