Hyliion Holdings Corp. has announced a strategic partnership with Jardine Engineering Corporation Limited (JEC) to explore the potential of Hyliion’s advanced KARNO TM technology in power generation projects in Hong Kong, Macau, and other markets. The KARNO generator, known for its fuel-agnostic nature and ability to operate on fuels like hydrogen, natural gas, biogas, and propane, is expected to bring cost savings and reduced emissions compared to traditional technologies. JEC, a major player in the power systems sector in Asia, views this collaboration as an opportunity to enhance its offerings in sustainable engineering solutions. Both companies are enthusiastic about the partnership, citing the alignment of Hyliion's innovative technology with JEC's market knowledge and expertise. Mr. Noky Wong, Chief Executive of JEC, expressed excitement about the collaboration, emphasizing the strategic value it brings to advancing their capabilities in the power systems sector. Thomas Healy, Founder and CEO of Hyliion, echoed this sentiment, highlighting the significance of partnering with a leading player like JEC in Asia to deliver sustainable energy solutions globally. The Memorandum of Understanding (MOU) signed between Hyliion and JEC is the first step towards a potential long-term collaboration, subject to the execution of a binding agreement. The partnership aims to leverage the strengths of both companies to provide innovative and sustainable power solutions in the dynamic Asia Pacific region. By combining Hyliion's KARNO technology with JEC's market presence and project implementation capabilities, the collaboration is poised to deliver value and performance to meet the evolving energy needs of customers worldwide.