Hyliion wins USD 41.7 million U.S. Navy contract for KARNO power generation systems

Reuters2026/07/22 20:21

By:Reuters

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Hyliion received a USD 41.7 million cost-plus-fixed-fee contract from the Office of Naval Research for megawatt-scale KARNO systems.
Scope covers design, development, construction, testing, and delivery of 2-megawatt and 3-megawatt power generation units.
Systems will be deployed at sites designated by the Office of Naval Research.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyliion Holdings Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607221610BIZWIRE_USPR_____20260722_BW421821) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyliion wins USD 41.7 million U.S. Navy contract for KARNO power generation systems

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