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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Hyliion
Hyliion (HYLN) investor relations material
Hyliion 28th Annual Needham Growth Conference Virtual summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.28th Annual Needham Growth Conference Virtual summary16 Jan, 2026
Market and industry trends
Power generation demand is surging, driven by data centers and industrial users.
Data center electricity use by hyperscalers is projected to rise from 6 GW in 2025 to 40 GW by 2030.
Distributed, on-site power generation is expected to become the dominant model, reducing grid dependency.
The company pivoted from electric vehicles to power generation, leveraging acquired technology.
Key target markets include data centers, defense, waste gas, EV charging, and commercial/industrial sites.
Technology and product development
KARNO generator is a modular, fuel-agnostic, linear heat generator based on Stirling engine principles.
Additive manufacturing (3D printing) enables efficient, low-maintenance, and flexible design.
The system operates on over 20 fuels, including natural gas, propane, diesel, hydrogen, and ammonia.
Achieves up to 50% electrical efficiency, surpassing grid and many competitors.
Surpasses strict emissions standards and is classified as non-regulated by the EPA.
Commercialization and customer adoption
Over 100 days of continuous operation achieved on a customer-configured unit with no unplanned downtime.
U.S. Navy is a key early adopter, with successful load profile demonstrations and ongoing contracts.
Signed non-binding LOIs for nearly 500 units across multiple sectors; demand exceeds current supply.
UL certification expected by early 2026, enabling broader field deployments.
Typical payback period for customers is around three years, with a 200 kW unit priced at ~$500,000.
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Next Hyliion earnings date
Q4 202524 Feb, 2026
Hyliion
Next Hyliion earnings date
Q4 202524 Feb, 2026
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Frequently asked questions
Hyliion Holdings Corp is a transportation technology company focused on developing electrified powertrain solutions for commercial vehicles. The company designs hybrid and fully electric drivetrains aimed at improving fuel efficiency and reducing emissions in long-haul trucking. Its systems integrate with existing truck platforms and fleets. Hyliion Holdings Corp is headquartered in Cedar Park, Texas, and its shares are listed on the NYSE.
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