Hyliion secures $41.7M Navy contract
Hyliion 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 · 6 sources · Jul 23, 2026Read itThe journal
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About Platysace maxwellii
Platysace maxwellii, commonly known as native potato or karno, is a shrub that is endemic to Western Australia. The Noongar names for the plant are karno and yook, with the latter name also referring to the closely related species Platysace deflexa which grows further south.
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