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Hyliion Holdings Corp (Hyliion) is a company that designs and develops power generators for stationary and mobile applications. The company provides a solution for clean and modular electricity generation. Its products include the KARNO generator, a fuel-agnostic power generation solution, and the Hyliion Hybrid and Hypertruck ERX prototypes. Hyliion's products provide solutions for prime power, backup power, peak demand reduction, renewables matching among others. The company serves oil and gas, power, manufacturing, data centers and defense sectors. Hyliion is headquartered in Cedar Park, Texas, the US.
Headquarters
United States of America
Address
1202 Bmc Drive, Suite 100, Cedar Park, Texas, 78613
Website
www.hyliion.com
Telephone
1 833 4954466
No of Employees
113
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
HYLN (AFM)
Revenue (2024)
$3.5M
130.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-9.9%
(2024 vs 2023)
Market Cap*
$700.8M
Net Profit Margin (2024)
XYZ
52.3%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Generators | Karno |
| Hypertruck ERX | |
| Hyliion Hybrid |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In July, the company secured a Phase II Small Business Innovation Research contract from the U.S. Navy to develop and refine its scalable multi-megawatt platform for shipboard and stationary military applications. |
| 2025 | Contracts/Agreements | In May, the company was chosen by the U.S. Department of the Air Force and the Department of Defense’s Chief Digital and Artificial Intelligence Office to support operational requirements. |
| 2025 | Contracts/Agreements | In February, the company signed a letter of intent with the Al Khorayef Group to deliver up to twelve 200 kW KARNO generator units to Saudi Arabia for deployment in agricultural and other power generation applications. |
Competitor Comparison
| Key Parameters | Hyliion Holdings Corp | Generac Holdings Inc | Bloom Energy Corp | 2G Energy AG | Capstone Green Energy Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Germany | United States of America |
| City | Cedar Park | Waukesha | San Jose | Muenster | Van Nuys |
| State/Province | Texas | Wisconsin | California | Nordrhein-Westfalen | California |
| No. of Employees | 113 | 9,400 | 2,214 | 1,005 | 100 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas Healy | Director; Chief Executive Officer | Executive Board | 2020 | 33 |
| Jon Panzer | Chief Financial Officer | Senior Management | 2022 | 59 |
| Cheri Lantz | Chief Strategy Officer | Senior Management | 2022 | 50 |
| Joshua Mook | Chief Technology Officer | Senior Management | - | 44 |
| Jose Oxholm | Chief Legal and Compliance Officer | Senior Management | 2024 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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