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Hexagon Composites ( (HXGCF) ) has provided an announcement.
Hexagon Agility has secured orders worth USD 4.2 million for its natural gas fuel systems, to be installed in trucks powered by Cummins’ X15N natural gas engine. This development highlights the growing adoption of natural gas in the North American heavy-duty truck market, driven by the engine’s diesel-like performance and cost savings. The new engine expands the addressable market for natural gas solutions by an additional 200,000 trucks annually, supported by an extensive network of fueling stations.
More about Hexagon Composites
Hexagon Agility, a subsidiary of Hexagon Composites, is a global leader in providing clean fuel solutions for commercial vehicles and bulk gas transportation. The company specializes in renewable natural gas bulk distribution systems, lightweight composite natural gas cylinders, and fuel systems that facilitate the use of clean gaseous fuels, reducing emissions and operating costs.
Average Trading Volume: 2,492,821
Current Market Cap: NOK3.38B
For detailed information about HXGCF stock, go to TipRanks’ Stock Analysis page.