HyGear and Haskel Hydrogen Systems Group join forces to supply end-to-end hydrogen refuelling stations

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HyGear, part of Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), has partnered with Haskel Hydrogen Systems Group, a business of the Precision and Science Technologies Segment at Ingersoll Rand Inc. (NYSE:IR), to offer combined hydrogen generation and refuelling infrastructure to the developing European market.

By pooling our respective expertise in hydrogen production systems and refuelling equipment, HyGear and Haskel are now able to provide end-to-end refuelling stations built on decades of industry experience.

Commenting on the partnership, Jake Martin, Hydrogen Business Development Manager at Haskel, said: “HyGear are hydrogen generation specialists and a perfect partner for us. Anyone wanting a full refuelling station can come to us and be supplied with the complete package, including on-site generation”.

Niels Lanser, Business Development Director of Hydrogen at HyGear, said of the agreement, “Haskel’s extensive knowledge of how to deliver hydrogen into the full range of fuel cell electric vehicles made them an obvious choice for us. We look forward to realising the significant commercial opportunities that this collaboration will bring”.

The partnership will initially focus on the market in western Europe and vehicle classes, including HGVs, buses, refuse trucks, forklifts and light commercial vehicles, and rail.

About HyGear

HyGear is part of the Xebec group, a global leader in cleantech with the mission to help the world transition to a low-carbon future. HyGear is committed to the development of responsible and sustainable environmental solutions. The company is built on a vision that hydrogen will be the fuel of the future, and it develops technologies to generate and recycle hydrogen at the end-user’s site. These technologies have been applied in various industrial applications over the past decades, offering advantages in reliability, cost, and environmental impact. For more information, visit www.hygear.com.

About Haskel

Haskel, a business of the Precision and Science Technologies Segment at Ingersoll Rand, is the global leader in high-pressure liquid and gas transfer and compression technology solutions for critical applications in hydrogen mobility, aerospace and defence, energy and other industries. The organisation’s Hydrogen System Group, based in Sunderland, UK, supports the development of global refuelling infrastructure, including hydrogen fuelling stations and hydrogen dispensing solutions. With 75 years of expertise, Haskel’s leadership in the market is built on a reputation of safety, reliability and the highest quality. Ingersoll Rand (NYSE:IR), is a global leader in mission-critical flow creation and industrial technologies. For more information, visit www.IRCO.com.

14/09/2022

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