Hyliion Signs Letter of Intent with MMR Power Solutions to Deploy KARNO Power Modules for Stationary Applications
AUSTIN, Texas, June 25, 2025--Hyliion Holdings Corp. (NYSE American: HYLN), a developer of sustainable electricity-producing technology, today announced it has signed a non-binding Letter of Intent (LOI) with MMR Power Solutions, a subsidiary of MMR Group – a leading provider of custom electrical solutions for commercial, industrial and utility applications globally with 5000+ employees and over $6 billion in delivered projects. The LOI outlines plans for MMR to purchase three KARNO™ Power Modul