https://t.co/tXOwyihy6A
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```Hyliion Inc.,* Cedar Park, Texas, is awarded a cost-plus-fixed-fee contract for the high efficiency/low maintenance ultra reliable megawatt scale power generation units effort. The total cumulative value of this contract, including a 36-month base period with no options, is $41,699,946. This contract provides services required to meet the program's primary objective to design, develop, build, test and deliver a 2-megawatt (MW) and a 3-MW scale power generation unit (PGU). These PGUs will be delivered to the Office of Naval Research (ONR) at their identified locations. Additionally, Hyliion will be performing a series of tasks to progress the core technology design and manufacture alternative core components for enhanced capabilities; de-risk magnet availability; and enhance additive manufacturing. Work will be performed in Cedar Park, Texas, and is expected to be completed in July 2029. Fiscal 2025 and 2026 research, development, test and evaluation (Navy) funds in the amount of $16,354,974; and $25,344,972, respectively, are obligated at the time of award. Funds in the amount of $16,354,974 will expire at the end of the current fiscal year. This contract was competitively procured under long range broad agency announcement (BAA) (N0001425SB001) entitled "Long Range Broad Agency Announcement (BAA) for Navy and Marine Corps Science and Technology." Since proposals will be received throughout the year under the Long-Range BAA, the number of proposals received in response to the solicitation is unknown. ONL, Arlington, Virginia, is the contracting activity (N0001426C1309).```
NEWS. @Hyliion has secured a ~$41M Department of Defense contract, adding further validation for its KARNO power technology.
https://t.co/nsKk0Va3k3
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@atomicmooser Great post @atomicmooser! Non-recurring UL achieved. Early adopters are being deployed & I can't wait for the flagship KARNO launch guided to be later this year. Fantastic product!
@atomicmooser Thanks so much for being a voice of reason Moose! Hyliion management and their upcoming KARNO Power Module variants are outstanding and deserve praise.
@Pelicanwayre@JF_LLP@Hyliion@hyliionaire@ThomasHealyCEO - As a large shareholder and therefore part owner of HYLN (Hyliion Holdings), I find troubling the low IQ law firm attempt to scam good people. It should be illegal and perhaps there should be a countersuit for damages.
@Hyliion Is Hyliion seeking early adopter field-deployments utilizing the Field Evaluation pathway without full UL certification, or is UL certificaion a planned prerequisite for field-deploying early adopter units?
@Hyliion Will Hyliion be producing a short video showcasing a factory-deployed KARNO Power Module operating at its full rated load (200 kW), indicating where the power is being sent, and supply an indication of the max duration a KARNO has been continuously running at full load to date?