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Hyliion Surges with Military Contracts | Business and Finance News
Description
Hyliion is on a rocket ship—just landed a $41.7M Navy contract, their biggest ever, to scale KARNO power tech for military systems, with more defense deals expected before year’s end. They’ve boosted their full-year revenue forecast to $10M–$15M and smashed manufacturing bottlenecks, potentially tripling print speed and output. Partnering with GE Aerospace, they’re accelerating production while leveraging modular tech that adapts from Navy ships to military bases. A strategic military advisor is helping expand their network, and early adopter units are rolling out—starting with data centers—with a 200kW target by year’s end. Defense engagement is heating up, with senior officer meetings and innovation events fueling momentum. This is the fast track to volume orders and real revenue.
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