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Hyliion awarded $41.7M US Navy contract

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Hyliion awarded $41.7M U.S. Navy contract

Hyliion Holdings (HYLN) on Wednesday  said it has been awarded a $41.7M cost-plus-fixed-fee contract by the Office of Naval Research. The contract provides for the design, development, construction, testing and delivery of 2-megawatt and 3-megawatt KARNO power generation systems at locations identified by the Office of Naval Research. More on Hyli...

  • Hyliion Holdings (HYLN) on Wednesday  said it has been awarded a $41.7M cost-plus-fixed-fee contract by the Office of Naval Research.
  • The contract provides for the design, development, construction, testing and delivery of 2-megawatt and 3-megawatt KARNO power generation systems at locations identified by the Office of Naval Research.
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