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Home Hyliion Signs Letter of Intent with Al Khorayef to Deploy KARNO Generators for Agricultural Applications in Saudi Arabia

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Hyliion Signs Letter of Intent with Al Khorayef to Deploy KARNO Generators for Agricultural Applications in Saudi Arabia

AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it has signed a non-binding Letter of Intent (LOI) with Al Khorayef Group, a leader in power generation with diverse expertise in industrial machinery, agriculture, and irrigation solutions. Headquartered in Saudi Arabia and operating in more than 40 countries, Al Khorayef is a key player in the power generation industry in the Mi...

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