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Class 6 and 7 battery-electric straight trucks for the U.S. market will be upfitted with Hexagon’s composite battery and module technologies.
Full acquisition of SES’ composite cylinders and systems business, and joint ownership of its steel cylinders business, further strengthens Hexagon Composites’ European footprint.
Hexagon Purus, Hexagon Agility and Hexagon Digital Wave subsidiaries, focused on applications related to composites and clean energy, report new U.S. and international hydrogen orders.
Delivery of Type 4 storage systems for rail applications in California add to Hexagon Purus’s extensive delivery prowess.
H2 economy is set back by Trump policies, tariffs and funding pivot to defense and AI, but composite tanks remain a key segment with sales in CNG/RNG, growth in New Space and potential for H2-electric aviation.
Hexagon Purus aims to provide Type 4 hydrogen storage solutions to industrial customers in Norway.
Hexagon Purus chooses Elemental Energy as its distributor in Southern and East Africa, aiming to use its Type 4 cylinders to support green hydrogen projects in the region.
Fully automated, Industry 4.0 line for hydrogen pressure vessels advances efficiency and versatility in small footprint for next-gen, sustainable composites production.
Q4 and full-year 2024 developments saw an 8% and 42% revenue increase, respectively, thanks to various milestones and agreements, though near-term market outlook for 2025 remains undetermined.
Joint venture company has obtained European TPED certification, a critical step to develop local Type 4 tank certification in China, ramp up production capacity.