PowerTap (NEO: MOVE) (OTC: MOTNF) (FWB: 2K6) today announced that it has engaged T2M Global (“T2M”) as its engineering and design partner. Under the collaboration, T2M will conduct validation of PowerTap’s Gen3 Modular Hydrogen Production and Dispensing Unit (“MHPDU”) and provide final engineering for lower-cost manufacturing with enhanced robustness. “We are excited to engage with T2M for rapid deployment of our Gen3 MHPDU leveraging their extensive hydrogen experience,” said Raghu Kilambi, CEO of PowerTap. “T2M’s experience will enable PowerTap to take full advantage of the excellent market conditions for blue hydrogen over the next few years, especially benefitting from an already existing infrastructure of natural gas and renewable natural gas.”
To view the full press release, visit https://ibn.fm/99E05
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen Capital, through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. There are currently under 100 operational publicly available hydrogen stations in the United States with most of the existing stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. PowerTap Hydrogen common shares are listed on the NEO Exchange. Please visit the company’s profile on the NEO Exchange website at https://www.neo.inc/en/live/security-activity/MOVE#!/market-depth.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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