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Hyliion Secures $41.7 Million Contract with U.S. Navy for KARNO Power Modules.

Aug 12, 2026•about 3 hours ago

Contract Type

contract

AustinEnergyRenewable EnergyBiomass Energy

Description

Hyliion reported a significant military contract worth $41.7 million from the U.S. Navy, aimed at scaling its KARNO Power Module technology. This contract marks Hyliion's largest military award to date, with expectations to deliver multi-megawatt systems utilizing their existing technology.

Company Information

Company

Hyliion Holdings

Location

Austin, Texas, United States

About

Hyliion Holdings Corp is a developer of sustainable electricity-producing technology.

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