Hyzon, a renowned U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems, has announced a strategic realignment to emphasize its core North American markets and the refuse industry. In addition to focusing on providing zero-emission power to demanding industries, Hyzon is actively working on securing capital and exploring various strategic options to enhance its position in the market. The company has engaged PJT Partners as its financial advisor to assist in capital raise efforts and evaluate potential alternatives, including a company sale or divestiture of certain businesses. This strategic shift will enable Hyzon to concentrate its financial resources and investments on its innovative fuel cell technology, particularly the single stack 200kW technology, for its zero-emissions North American Class 8 and refuse truck FCEV platforms. Hyzon is gearing up to launch extensive large fleet trial programs for these platforms in the upcoming summer in the United States and Canada. Alongside this, the company will continue focusing on reducing costs, managing liquidity effectively, and implementing strategic measures to strengthen its market presence and competitiveness. This strategic realignment signifies Hyzon's commitment to advancing sustainable solutions in the hydrogen sector and optimizing its operational focus to drive growth and innovation.