HydrogenPro ASA, based in Oslo, Norway, disclosed its financial results for the fourth quarter of 2024, indicating a robust performance. With Q4 revenues of NOK 70 million and a 41% gross margin, the company sustained profitability amidst industry challenges. Noteworthy achievements include successful partnerships and investments, such as NOK 70 million each from ANDRITZ and MHI, along with a pending NOK 70 million investment from LONGi, subject to approval. These investments solidify collaborations for technology and market development. HydrogenPro's CEO, Jarle Dragvik, emphasized the significance of these partnerships in expanding sustainable hydrogen solutions globally. The company's endeavors extend to technology advancement, particularly in electrode manufacturing. The initiation of a new manufacturing line in Denmark for advanced electrodes indicates a focus on scaling up production and improving delivery efficiency. HydrogenPro's dedication to reducing Levelized Cost of Hydrogen (LCOH) is evident through the expansion of the 3rd generation electrode capacity. Furthermore, the company's commitment to safety is underscored by achieving 360 accident-free days, reflecting a strong foundation in health and safety practices. HydrogenPro's positive momentum is further reinforced by the launch of a 350 MW manufacturing facility in Aarhus, Denmark, aiming to enhance electrode technology production. The company's continuous efforts in technology development and safety measures position it favorably in the hydrogen market. The announcement of a webcast presentation featuring the CEO and CFO indicates transparency and engagement with stakeholders, reflecting a proactive approach to communication. Overall, HydrogenPro ASA's financial results, strategic partnerships, manufacturing expansions, and safety initiatives demonstrate a positive outlook for the company's growth and contributions to sustainable hydrogen solutions.