Hyliion Signs LOI With Flexnode To Deploy Up To 10 KARNO Generators To Power High-Performance Flexible Micro Data Centers

Author: Benzinga Newsdesk | August 05, 2024 08:45am

Hyliion Holdings Corp. (NYSE:HYLN) ("Hyliion"), a developer of sustainable electricity-producing technology, today announced the signing of a non-binding Letter of Intent (LOI) with FlexnodeTM, an innovative digital infrastructure company. Under the terms of the LOI, Hyliion will supply up to 10 KARNOTM generators (2MW total capacity) to Flexnode, with the initial deliveries anticipated to commence in 2025. This collaboration aims to support Flexnode's mission of elevating the standard for high-density digital infrastructure that truly unlocks the potential of artificial intelligence and machine learning for years to come. By integrating highly efficient, fuel-agnostic KARNO generators, Flexnode expects to easily deploy digital infrastructure with reliable and clean on-site power generation.

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