CHARBONE Hydrogen Corporation, based in Brossard, Quebec, released its financial and operating results for Q3 2024, showcasing a 23% revenue increase year-over-year. The company is focused on green hydrogen production and has made significant progress towards commencing production at its Sorel-Tracy facility in early 2025. Necessary permits have been secured, and performance testing of electrolyzer components has been successfully completed. In Q3 2024, CHARBONE reduced spending by 11% while increasing revenue by 23%, showing strong financial management. The company closed private financings, settled debt, and upgraded its electrolyzer capacity to 1.75MW, enhancing its production capabilities. The Sorel-Tracy Green Hydrogen Project, near Montreal, is poised to be CHARBONE's main facility, giving the company a first-mover advantage. Management's efforts to strengthen the company's balance sheet have been effective, with ongoing talks with strategic partners to support growth initiatives. The company's strategic partnerships and financial discipline position it to achieve its vision of creating a North American green hydrogen network. CHARBONE's commitment to becoming a leader in the energy transition is evident through its innovative projects and focus on sustainable hydrogen production.