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Hexagon Composites ( (HXGCF) ) has provided an update.
Hexagon Agility has secured an order from GILLIG to supply compressed natural gas (CNG) fuel systems for 476 new buses in Dallas, Texas, as part of a fleet modernization effort by Dallas Area Rapid Transit (DART). This initiative is expected to enhance public transport by providing safer, cleaner, and more efficient services, aligning with the broader North American trend of transitioning from diesel to cleaner fuel solutions. The introduction of CNG buses is anticipated to significantly reduce emissions and operational costs, reinforcing CNG’s role as a sustainable alternative in modern transit systems.
More about Hexagon Composites
Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and bulk gas transportation. The company offers products such as renewable natural gas bulk distribution systems, lightweight Type 4 composite natural gas cylinders, and renewable natural gas fuel systems, which help transport clean gaseous fuels and enable vehicles to reduce emissions while lowering operating costs.
Average Trading Volume: 1,892,023
Current Market Cap: NOK3.56B
For an in-depth examination of HXGCF stock, go to TipRanks’ Overview page.