Element 1 Corp., TYCROP Manufacturing Ltd, and H2 Portable Power Corp. have signed a Memorandum of Understanding (MOU) to collaborate on the development and commercialization of innovative hydrogen fuel solutions. The partnership aims to create portable hydrogen fuel-cell systems for various applications and accelerate the adoption of hydrogen power solutions where gaseous hydrogen is not abundantly available. They target industries like transportation, construction, and emergency services to bring these solutions to market. This collaboration supports global sustainability goals by promoting the use of methanol to hydrogen as a clean energy source. Element 1's technology produces on-site, on-demand, pure hydrogen for fuel cells, serving applications that are difficult to decarbonize. The MOU includes plans for a pilot hydrogen refueling system and the development of a compliant design for containerized power generators. The partnership aims to minimize sales channel conflicts and protect each party's market position while advancing sustainable energy solutions in North America. Each company brings unique expertise to the collaboration, with the ultimate goal of driving the commercialization of portable hydrogen fuel systems and providing clean and reliable energy solutions across industries.