Hilco Streambank Facilitates Sale of Hyzon Motors' Hydrogen Fuel Cell Technology Assets
Key Ideas
  • Hilco Streambank is seeking offers to acquire Hyzon Motors' intellectual property and tangible assets related to high-performance hydrogen fuel cell systems.
  • The assets include over 160 patents, machinery, equipment, and inventory, providing a unique opportunity for interested parties to leverage Hyzon's innovative technology.
  • The hydrogen fuel cell technology by Hyzon is highlighted for its cost-effective manufacturing solution and transformative potential across various industries such as commercial trucking, mining, construction, and aviation.
  • An online auction for the machinery and equipment is scheduled, offering interested buyers the chance to acquire these assets and further advance the utilization of hydrogen fuel cell technology.
Hilco Streambank, a leading intellectual property advisory firm, is facilitating the sale of intellectual property and tangible assets related to hydrogen fuel cell technology developed by Hyzon Motors. The assets include over 160 patents, machinery, equipment, and inventory, representing a significant investment in research and development activities. Hyzon Motors has been at the forefront of hydrogen fuel cell technology, focusing on commercial trucking and exploring its potential in various industries like mining, construction, rail, marine, and aviation. The high-power PEM fuel cell developed by Hyzon offers a smaller, lighter, and more fuel-efficient solution with advanced features for durability and performance. Interested parties have the opportunity to acquire any combination or all of Hyzon's assets, with an online auction scheduled for the machinery and equipment. The assets not only complement existing product portfolios but also serve as a cost-effective manufacturing solution with transformative potential in decarbonization and emission reduction efforts. Hilco Streambank emphasizes the value of Hyzon's technology assets and their applicability across high-volume applications, providing a robust entry point for buyers to explore the benefits of hydrogen fuel cell technology.
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