Trooperstocks
5 days ago
NEWS: HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company
PR Newswire
Thu, January 30, 2025 at 8:00 AM EST
In This Article: HNOI +35.45%
HOUSTON, Jan. 30, 2025 /PRNewswire/ -- HNO International (OTC: HNOI) is excited to announce a hydrogen offtake agreement with a Texas-based company supporting zero-emission mobility. Under the agreement, HNO will supply hydrogen from its 1.25 MW Scalable Hydrogen Energy Platform (SHEP™), which produces up to 500 kilograms of clean hydrogen daily.
HNO International, a clean and green hydrogen (PRNewsfoto/HNO International)
HNO International, a clean and green hydrogen (PRNewsfoto/HNO International)
This hydrogen will power the customer's fleet of Class 8 hydrogen fuel cell vehicles (FCEVs), ensuring efficient and sustainable long-haul transportation. The agreement also integrates HNOI's Compact Hydrogen Refueling System (CHRS™) for refueling support. With room for expansion, HNOI is projecting to reach nearly $10 million in multi-year contracts as HNOI rapidly scales hydrogen production within the first year of operation.
"This agreement highlights the growing demand for clean hydrogen fuel in heavy-duty transportation," said Don Owens, founder and CEO of HNO International. "Our SHEP system and CHRS refueling stations provide reliable, scalable solutions for long-haul operations, helping reduce the environmental impact of freight mobility. We're excited to support this effort and look forward to expanding our production capacity to meet rising demand."
The Texas-based company, a leader in zero-emission mobility, is at the forefront of using hydrogen to decarbonize transportation. Their adoption of hydrogen fuel cell technology supports both environmental sustainability and business growth by offering a viable alternative to diesel without compromising operational efficiency.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of hydrogen-based energy technologies. With over 15 years of experience in hydrogen production, HNOI is on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities. Their solutions, the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen Refueling Station (CHRS™), are setting new standards for hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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SOURCE HNO International
ProfitScout
5 days ago
$HNOI News: HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company
HOUSTON, Jan. 30, 2025 /PRNewswire/ -- HNO International (OTC: HNOI) is excited to announce a hydrogen offtake agreement with a Texas-based company supporting zero-emission mobility. Under the agreement, HNO will supply hydrogen from its 1.25 MW Scalable Hydrogen Energy Platform (SHEP™), which produces up to 500 kilograms of clean hydrogen daily.
This hydrogen will power the customer's fleet of Class 8 hydrogen fuel cell vehicles (FCEVs), ensuring efficient and sustainable long-haul transportation. The agreement also integrates HNOI's Compact Hydrogen Refueling System (CHRS™) for refueling support. With room for expansion, HNOI is projecting to reach nearly $10 million in multi-year contracts as HNOI rapidly scales hydrogen production within the first year of operation.
"This agreement highlights the growing demand for clean hydrogen fuel in heavy-duty transportation," said Don Owens, founder and CEO of HNO International. "Our SHEP system and CHRS refueling stations provide reliable, scalable solutions for long-haul operations, helping reduce the environmental impact of freight mobility. We're excited to support this effort and look forward to expanding our production capacity to meet rising demand."
The Texas-based company, a leader in zero-emission mobility, is at the forefront of using hydrogen to decarbonize transportation. Their adoption of hydrogen fuel cell technology supports both environmental sustainability and business growth by offering a viable alternative to diesel without compromising operational efficiency.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of hydrogen-based energy technologies. With over 15 years of experience in hydrogen production, HNOI is on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities. Their solutions, the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen Refueling Station (CHRS™), are setting new standards for hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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SOURCE HNO International
Trooperstocks
2 weeks ago
NEWS: HNOI International One Step Closer To Nasdaq Uplisting, Taps Investment Bank
Meg Flippin, Benzinga Staff Writer
January 21, 2025 8:05 AM
Partner Disclosure
Global demand for energy continues to grow, forecast this year to be among the highest levels seen in the past twenty years, as economic growth, increasingly intense heat waves, cryptocurrency mining, electric vehicles and other technology advances require a substantial amount of energy. In 2024, energy demand increased 4%, setting a record, and the same is expected in 2025.
At the same time that demand for energy is growing, so too is the use of alternative energy sources, including hydrogen-based clean energy technologies, which is where HNO International Inc.
HNOI comes in. HNO International specializes in the design, integration and development of green hydrogen-based energy technologies, including its Scalable Hydrogen Energy Platform (SHEPTM), which is a modular hydrogen energy system that the company says efficiently produces, stores and dispenses green hydrogen made from water, and the Compact Hydrogen Refueling Station (CHRSTM), which is a space-efficient solution designed to deliver high-quality, fuel cell-grade hydrogen to fuel cell electric vehicles (FCEVs), hydrogen internal combustion engine vehicles (HICEVs) and other fuel cell applications. The company has over 15 years of experience in green hydrogen production and is focused on growing both organically and through acquisitions.
Nasdaq Uplifting One Step Closer
To meet that goal, HNO International just tapped a Wall Street investment bank to help with its acquisition strategy, capital sourcing and Nasdaq uplisting process or the process of moving from the Over-the-Counter exchange to a Nasdaq listing. HNO International retained the investment banking firm as its placement agent and financial advisor for up to $20 million for capital expenditures and future acquisitions through a Reg-A capital raise. A Reg-A capital raise occurs when a company sells shares to accredited and non-accredited investors without all the requirements of an IPO. It's known as a mini IPO and is usually used by smaller companies to access more investors to raise capital.
The unnamed investment bank is a full-service broker/dealer, and has been providing services to both public and private companies through IPOs, Pre-IPO Special Vehicles (SPVs), Private Placements, Real Estate Investment Trusts, 1031 Tax Exchange Funds and Special Purpose Acquisition Company (SPAC) opportunities since the early 1980s. “The global demands for energy continue to climb at extraordinary rates, prompting the need for additional sources, of which HNO International is set to play a key role," said the investment bank's managing director. "We feel our extensive service portfolio is a great match, one that will take HNO International from the small OTC market space to a global reach, through additional financing and the NASDAQ uplist.”
Bitcoin Mining Opportunity?
The deal with the investment bank comes at a time when Bitcoin mining is taking off, with the global market projected to reach $8.24 billion by 2034, growing at a CAGR of 12.9% between now and 2034. That may present an opportunity for HNO International, given mining for Bitcoin and other cryptocurrencies can consume as much energy as all of Argentina. What's more, the U.S. Energy Information Administration estimates that electricity demand associated with U.S. cryptocurrency mining operations accounted for 0.6% to 2.3% of U.S. electricity consumption in 2023. That equates to annual demand for three to six million homes in the U.S. The low end of the range is equal to annual electricity usage for states like Utah or West Virginia. With the incoming Trump administration expected to be pro-crypto, that figure may rise even further if the adoption of crypto increases.
Green hydrogen, which is produced using renewable energy sources like solar or wind, can reduce Bitcoin mining energy consumption and lower costs. It can provide Bitcoin miners with clean energy that can be stored and used when renewable energy generation is low. That can then smooth out the fluctuations in the grid and decrease the carbon footprint of the miners.
"The thing about Bitcoin mining, miners tend to run when energy is lowest, but having hydrogen stored makes sure miners are running at an optimal period of time," said HNO International CEO Donald Owens in a recent interview with Nasdaq.
In preparation for its Nasdaq uplisting, HNO International recently reduced its outstanding share structure to 74 million shares. By doing that, its earnings per share, a key financial metric, automatically improve. Fewer shares trading hands have the potential to drive the stock higher due to the lower supply. Owens said in the interview the goal was to uplist to Nasdaq in late summer 2025.
Setting Itself Apart
While HNO International isn't the first company to go after green hydrogen, Owens said what sets it apart from its peers is that it is focused on building the infrastructure and creating a franchising model in which hydrogen is accessible locally without the need to liquify the hydrogen and ship it thousands of miles away via trucks, which requires energy.
"Hydrogen is one of the most plentiful fuels on earth, but until it becomes available to people it’s useless," said Owens, noting that as it stands, most companies produce large-scale amounts of hydrogen but then have to liquify it for transport and then de-liquify it once it arrives at its intended location. "Part of the problem is the existing structure is not going to work," he says.
From tapping an investment bank to gearing up for a Nasdaq uplisting later this year, HNO International says it is making strides in its mission to bring hydrogen energy to the masses. With demand soaring and costs growing, this may be a company worth watching.
stocktowatch
3 weeks ago
$HNOI The Managing Director of the Firm, commented "The global demands for energy continue to climb at extraordinary rates, prompting the need for additional sources, of which HNO International is set to play a key role. We feel our extensive service portfolio is a great match, one that will take HNO International from the small OTC market space to a global reach, through additional financing and the NASDAQ uplist."
"From the start, our goal with HNO International was to build a solid, global-reaching, energy supplier, servicer and energy product development company. The recent invite to be interviewed on the NASDAQ floor (see link) along with this announced engagement of the investment banking firm, further confirms the ground work we've done building a strong company with increasing shareholder value has worked. 2025 is going to be another amazing year for the company and shareholders. We look forward to bringing you all the exciting developments we have in store," said Donald Owens, Chairman of the Board of Directors and CEO of HNO International."
https://finance.yahoo.com/news/hno-international-targets-nasdaq-uplist-130000592.html
Trooperstocks
3 weeks ago
$HNOI NEWS: HNO International Targets NASDAQ Uplist and Capital Raise with Respected Investment Banking Firm
PR Newswire
Tue, January 14, 2025 at 8:00 AM EST 4 min read
In This Article:
HNOI
+21.99%
HOUSTON, Jan. 14, 2025 /PRNewswire/ -- HNO International, Inc. (OTC: HNOI), a leader in hydrogen-based clean energy technologies, is pleased to announce the next steps in execution of management's NASDAQ plans with a leading Wall Street investment banking firm to assist with its acquisition strategy, sourcing capital, and NASDAQ uplist process.
HNO International has retained the investment banking firm as placement agent and financial advisor for up to $20 million for capital expenditures and future acquisitions through a Reg-A.
The investment banking firm is a full-service broker/dealer, and has been providing services to both public and private companies through IPO's, Pre-IPO-Special Vehicles (SPV), Private Placements, Real Estate Investment Trusts, 1031 Tax Exchange Funds and Special Purpose Acquisition Company (SPAC) opportunities since the early 1980's.
The Managing Director of the Firm, commented "The global demands for energy continue to climb at extraordinary rates, prompting the need for additional sources, of which HNO International is set to play a key role. We feel our extensive service portfolio is a great match, one that will take HNO International from the small OTC market space to a global reach, through additional financing and the NASDAQ uplist."
"From the start, our goal with HNO International was to build a solid, global-reaching, energy supplier, servicer and energy product development company. The recent invite to be interviewed on the NASDAQ floor (see link) along with this announced engagement of the investment banking firm, further confirms the ground work we've done building a strong company with increasing shareholder value has worked. 2025 is going to be another amazing year for the company and shareholders. We look forward to bringing you all the exciting developments we have in store," said Donald Owens, Chairman of the Board of Directors and CEO of HNO International.
Recent NASDAQ floor interview:
About the Investment Banking Firm
Founded in the early 1980's the firm is a full-service broker/dealer. Their clients include high net worth individuals from many countries, institutional investors, family offices, managed pension funds and hedge funds. They are committed to servicing each client on a personal level to help meet their individual financial goals. Their belief is that their commitment strengthens client relationships and, in turn, creates long-term associations. The investment banking team has more than 100 years of combined experience. They provide services including Private Placements, PIPEs, Initial and Secondary Public Offerings, Bridge Financing, Merger and Acquisition assistance, market making and the ability to assist with up-listing to national exchanges. They are not content to simply have "transaction-oriented" relationships with their clients; they are committed to being the clients' long-term, trusted advisors.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEPTM) and the Compact Hydrogen Refueling Station (CHRSTM), are setting new standards for green hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hno-international-targets-nasdaq-uplist-and-capital-raise-with-respected-investment-banking-firm-302350019.html
SOURCE HNO International
Trooperstocks
1 month ago
NEWS: HNO Int'l Announces an 82% Reduction in Outstanding Shares of Common Stock as 360 Million Shares Have Been Exchanged
PR Newswire
Fri, January 3, 2025 at 8:16 AM EST 2 min read
In This Article:
HNOI
HOUSTON, Jan. 3, 2025 /PRNewswire/ -- HNO International, Inc. (OTC Pink: HNOI) (the "Company"), a leader in hydrogen-based clean energy technologies, announces a major reduction in the outstanding shares of Common Stock of the Company.
HNO International, a clean and green hydrogen (PRNewsfoto/HNO International)
After the return exchange of 360 million shares of Common Stock owned by Donald Owens, Chairman of the Board of Directors and CEO of the Company and an affiliated entity, for shares of newly designated Series B Convertible Preferred Stock, the new number of outstanding shares of Common Stock is roughly 74 million shares.
"As 2024 ends and 2025 begins, I'm pleased to announce this share exchange. Our rotation from R&D to a production environment has placed the Company in a significantly stronger position and has enabled us to drastically reduce the outstanding shares of Common Stock of the Company through this exchange, furthering our goal of bringing both a solid product and increasing shareholder value to the marketplace," commented Donald Owens, Chairman of the Board of Directors and CEO of HNO International.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen Refueling Station (CHRS™), are setting new standards for green hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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SOURCE HNO International
Trooperstocks
1 month ago
NEWS: December 2024 - Chairman & CEO of HNO Releases Exclusive 'Hydrogen Economy Vision' Video Interview from the NASDAQ Marketsite
PR Newswire
In This Article: HNOI
HOUSTON, Dec. 20, 2024 /PRNewswire/ -- HNO International, Inc. (OTC: HNOI), a leader in hydrogen-based clean energy technologies, is pleased to announce the release of Donald Owens', Chairman and CEO of HNO International, 'Hydrogen Economy' vision interview from the NASDAQ Marketsite, Times Square, New York.
Watch the interview here: HNO International: Outline of the company's ambitious plans to revolutionize the energy sector
The selection of topics covered included:
*Local Production, Local Consumption Infrastructure Model with SHEP™
*Higher Efficiency with Gaseous Hydrogen vs Liquid Hydrogen
*Franchise Model for Entrepreneurs
*Hydrogen Refueling and Dispensing Made Simple with CHRS™
*Mobile Refueler: Hydrogen Delivery Unit for on-demand fueling and flexible deployment
*Powering Data Centers and Cryptocurrency with Hydrogen
*The Future of HNOI and their Current Products
Leading HNO International's mission to revolutionize the energy sector, Mr. Owens brings unparalleled expertise in hydrogen production and combustion technology. Transitioning from his early career as a patent attorney, he has secured 19 patents in the hydrogen energy industry, solidifying HNO International's position as a leader in hydrogen-based clean energy solutions.
"The experience of bringing our company to the NASDAQ floor for an interview has been enlightening and only furthers our commitment to bring our vision to the global markets. Discussing the importance of decentralizing gaseous hydrogen production and empowering entrepreneurs worldwide reaffirms our mission to make hydrogen energy accessible to everyone," commented Mr. Owens.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen fuel cell system that Refueling Station (CHRS™), are setting new standards for green hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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SOURCE HNO International
Trooperstocks
1 month ago
NEWS: $HNOI - HNO International's Chairman & CEO Releases Exclusive 'Hydrogen Economy Vision' Video Interview from the NASDAQ Marketsite
PR Newswire
Fri, December 20, 2024 at 8:00 AM EST
In This Article: HNOI
HOUSTON, Dec. 20, 2024 /PRNewswire/ -- HNO International, Inc. (OTC: HNOI), a leader in hydrogen-based clean energy technologies, is pleased to announce the release of Donald Owens', Chairman and CEO of HNO International, 'Hydrogen Economy' vision interview from the NASDAQ Marketsite, Times Square, New York.
Watch the full interview with Stock News Reports here:
HNO International: Outline of the company's ambitious plans to revolutionize the energy sector
The selection of topics covered included:
Local Production, Local Consumption Infrastructure Model with SHEP™
Higher Efficiency with Gaseous Hydrogen vs Liquid Hydrogen
Franchise Model for Entrepreneurs
Hydrogen Refueling and Dispensing Made Simple with CHRS™
Mobile Refueler: Hydrogen Delivery Unit for on-demand fueling and flexible deployment
Powering Data Centers and Cryptocurrency with Hydrogen
The Future of HNOI and their Current Products
Leading HNO International's mission to revolutionize the energy sector, Mr. Owens brings unparalleled expertise in hydrogen production and combustion technology. Transitioning from his early career as a patent attorney, he has secured 19 patents in the hydrogen energy industry, solidifying HNO International's position as a leader in hydrogen-based clean energy solutions.
"The experience of bringing our company to the NASDAQ floor for an interview has been enlightening and only furthers our commitment to bring our vision to the global markets. Discussing the importance of decentralizing gaseous hydrogen production and empowering entrepreneurs worldwide reaffirms our mission to make hydrogen energy accessible to everyone," commented Mr. Owens.
About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen fuel cell system that Refueling Station (CHRS™), are setting new standards for green hydrogen production.
Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
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View original content to download multimedia:https://www.prnewswire.com/news-releases/hno-internationals-chairman--ceo-releases-exclusive-hydrogen-economy-vision-video-interview-from-the-nasdaq-marketsite-302336873.html
SOURCE HNO International
Trooperstocks
2 months ago
$HNOI .90 x .95 NEW HOD On ASK! HNO International is a green hydrogen systems design, integration and product development company.
Our mission is to provide cost-effective, modular, scalable systems that produce, store, and dispense green and clean hydrogen to support the implementation of a global hydrogen energy infrastructure.
We support existing and emerging hydrogen markets, including regional hydrogen production, hydrogen off-take, logistics transportation refueling, and engine maintenance.
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