PPlatysace maxwellii· Business · 6 sources · Jul 23, 2026StoryHyliion secures $41.7M Navy contractHyliion Holdings secured a $41.7 million cost-plus-fixed-fee Navy contract to design, develop, construct, test, and deliver 2-megawatt and 3-megawatt KARNO power generation systems at locations designated by the Office of Naval Research, signaling its role in advancing clean-energy military power. The awards underscore Hyliion’s push into modular, flexible power solutions with potential-positive implications for its growth and stock prospects.Business· Jul 23, 2026