Hexagon Composites to acquire remaining shares of Agility Fuel Solutions
The combined business will provide clean energy solutions to a wide range of end markets including household, industrial, gas transportation, marine, rail and automotive.
Hexagon Composites (Alesund, Norway), provider of composite pressure vessel technology for a wide range of mobility and storage applications, in early November signed an agreement to acquire the remaining 50% of Agility Fuel Solutions Holdings Inc. (Costa Mesa, CA, US). By promoting the alternatives of natural gas, biogas, hydrogen, propane and electrification, the combined business will provide clean energy solutions to a wide range of end markets around the world, including household, industrial, gas transportation, marine, rail, and light-, medium- and heavy-duty vehicles.
Related Content
-
Composites end markets: New space (2025)
Composite materials — with their unmatched strength-to-weight ratio, durability in extreme environments and design versatility — are at the heart of innovations in satellites, propulsion systems and lunar exploration vehicles, propelling the space economy toward a $1.8 trillion future.
-
Braided thermoplastic composite H2 tanks with co-consolidated molded boss areas to fit EV battery space
BRYSON project demonstrates possible designs, automated manufacturing and low permeability concepts, including EVOH liner and novel PPA matrix.
-
Lilium launches M&A process, targets eVTOL program continuation
Despite court-approved insolvency filings and beginning first investor briefings, Lilium remains fully focused on re-emerging following restructuring, setting its sights on fresh investment to support the Lilium Jet.