Next Hydrogen Reports Q4 and Fiscal 2023 Financial Results [Financial Post (Toronto, Ontario, Canada)]
GE Vernova Inc. (GEV)
Company Research
Source: Financial Post
MISSISSAUGA, Ontario, April 22, 2024 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to report its financial results for the fourth quarter and full year ended December 31, 2023. “We had a very promising end to 2023 with: (1) our electrolyzer (up to 2.25MW) exceeding US DOE energy efficiency targets, showing 30% lower capex and successfully graduating from pilot scale testing to commercial module builds, (2) growing our backlog from $3M at the beginning of the year to $8M contracted, with a $3M follow-on order expected, and (3) announcing strategic partnerships with Casale and GE,” said Raveel Afzaal, President & CEO. “In 2024, we intend to: (1) demonstrate our system at a customer site, (2) further improve our energy efficiency to exceed US DOE 2026 targets to world class efficiency levels, (3) complete pilot scale testing of our large-scale product line (up to 8MW pe
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GEV
Earnings
- 4/26/24 - Miss
GEV
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- GEV's page on the SEC website