Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Hexagon Composites Regulatory Filings 2021

Jun 28, 2021

3619_rns_2021-06-28_87c69e2b-ff40-4dbb-9c63-68a784f6e6b2.html

Regulatory Filings

Open in viewer

Opens in your device viewer

Hexagon Purus accelerates its efforts in the zero emission maritime segment

Hexagon Purus accelerates its efforts in the zero emission maritime segment

Hexagon Purus (HPUR), a leading global supplier of zero emission mobility

technology and equipment, is accelerating its commercial efforts to bring zero

emission technology to the maritime industry. Although the business has global

ambitions, the main focus from the onset will be Norway - a nation with some of

the strongest maritime technology industries in the world.

Hexagon Purus Maritime AS has been established and the company is actively

recruiting from the maritime and hydrogen industries to expand its maritime

team.

"We are passionate about unlocking the potential of zero emission solutions to

save our fragile ecosystems and to realize our vision of clean air everywhere.

Our efforts to bring emission-free solutions to Norwegian waterways is a great

opportunity for us to make a difference and can serve as a display window for

the rest of the world," says Morten Holum, CEO of Hexagon Purus. "Technology is

no longer a barrier to zero emission mobility. We see a strong momentum for

green energy and clean transportation across the world, Norway included - and we

believe that progress can´t wait."

About the market

The growing national demand for zero emission vessels along the Norwegian coast,

along with the launch of the Norwegian Hydrogen roadmap this month, is fuelling

the growth in the market. The Norwegian government is committing to establishing

hydrogen hubs in Norway and supporting the creation of zero emission vessels

that are competitive and safe alternatives for shipping in Norwegian waters.

These commitments, combined with the 2026 goal set by the Norwegian Parliament

to make Norway's UNESCO World Heritage Fjords among the first zero emission

zones at sea, represent a great opportunity. Hexagon Purus' hydrogen storage and

distribution business is well-positioned to support this ambitious energy

transition in the national maritime sector - and to take a global leading role

for integrated products in the emerging maritime hydrogen market.

Driving energy transformation

"To meet the demand for zero emission transport at sea, ship designers are

requesting more focused, technical advice and more integrated solutions onboard

the ship. At Hexagon Purus, we combine maritime experience with extensive

hydrogen storage expertise to provide a holistic approach to solutions - both

onboard the ship and at the port," says Jørn Helge Dahl, Board member in Hexagon

Purus Maritime. Hexagon Purus' systems solutions for distribution and onboard

hydrogen fuel systems will together with partners cover major parts of the

maritime hydrogen value chain."

In the U.S., Hexagon Purus has played a role in realizing the soon-to-be-

launched Switch Ferry "Sea Change" in San Francisco, California, a hydrogen-

powered catamaran that will transport passengers in the San Francisco Bay area.

Hexagon Purus is already playing an important role in several demonstration and

development projects in Norway that are supported by national institutions such

as The Research Council of Norway, Innovation Norway and Enova. These projects

include Pilot-E type projects such as Hellesylt Hydrogen Hub, H2CarbonCat and

Utslippsfri arbeidsbåt for havbruk.

For more information, please contact:

Salman Alam, VP Corporate Development, Hexagon Purus

Telephone: +47 476 12 713 | [email protected]

(mailto:[email protected])

Karen Romer, SVP Communications, Hexagon Composites ASA

Telephone: +47 950 74 950 | [email protected]

(mailto:[email protected])

To apply for a position in the Hexagon Purus Maritime unit, please apply here.

(https://hexagongroup.com/hexagon-purus/career/)

About Hexagon Purus ASA:

Hexagon Purus, a Hexagon Composites company, is a world leading provider of

hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems

integration for fuel cell electric and battery electric vehicles. Hexagon Purus

enables zero emission solutions for light, medium and heavy-duty vehicles,

buses, ground storage, distribution, maritime, rail and aerospace applications.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and

LinkedIn.