Fintech PR
Westport Joins Forces with Transportation and Energy Partners to Demonstrate ICE Hydrogen-Powered Transport in Sweden
H2 HPDI™ Fuel System-Equipped Truck Operated by Heavy Hauler, KAJ Inrikes, Transports Trailer in Älmhult
VANCOUVER, BC, Dec. 12, 2023 /PRNewswire/ –Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, today announced the successful completion of a heavy transport demonstration with KAJ Inrikes and others, of its H2 HPDI™ fuel system-equipped prototype truck hauling a trailer filled with IKEA home-furnishing products in Älmhult, Sweden. This is the second validation of the H2 HPDI system in a heavy haul application with a major fleet in the last 60 days1 and represents an important step in accelerating decarbonization in the heavy-duty transport industry.
During the event, the complete hydrogen ecosystem was represented, including green hydrogen production; hydrogen filling stations; Westport’s unique HPDI technology; vehicle manufacturers; fleet operators; and the end user, IKEA, as a buyer of sustainable transportation services.
Ola Henriksson, senior product manager at Scania, commented, “We had a great day participating in the showcasing of the Westport H2 HPDI fuel system technology and are appreciative of this collaborative initiative, and the hospitality of KAJ Inrikes and the surrounding players in the hydrogen ecosystem.” He continued, “Scania is staying true to its purpose of driving the shift towards more sustainable transport systems, and the technology of using hydrogen in the internal combustion engine is an interesting decarbonization pathway because it represents an attractive solution with high maturity and quick time to market.”
The collaboration between Westport and key transportation and energy partners includes:
- KAJ Inrikes, fleet operator, a “green-focused” haulage company, performing transport for IKEA and other key customers in the Älmhult and Jönköping area.
- Smålandslogistik, large fleet owner, a long haulage and distribution company, that has identified the environment and decarbonization as important areas where they can contribute meaningful impact through their daily business.
- Metacon AB, hydrogen fuel provider, a Sweden-based supplier of energy technology, including electolyzers and reformers for refining biogas into fossil-free hydrogen.
- Hydri AB, hydrogen infrastructure company, building and operating a complete network of green hydrogen refueling stations in Sweden.
Westport’s H2 HPDI fuel system for internal combustion engines results in a robust and affordable solution with higher power and torque than the same engine running on diesel fuel. Moreover, the European Commission has recommended a definition of a Zero Emission Vehicle as part of the upcoming HD CO2 regulation; Westport expects H2 HPDI-powered vehicles to meet this ZEV definition for a range of heavy-duty commercial vehicles. In this collaborative effort, the Westport HPDI fuel system-equipped truck operating on hydrogen pulled a trailer filled with approximately 40 tons of IKEA home-furnishing products, demonstrating the high performance of the IC hydrogen engine.
Kaj Johansson, president of KAJ Inrikes, commented, “As the first heavy transport hauler in Sweden to be Euro VI compliant, we take emissions reduction very seriously. We are pleased to have participated in this demonstration as it illustrates our commitment to IKEA, and all our customers, to support their transport decarbonization goals.” He continued, “Westport’s H2 HPDI fuel system is an affordable and efficient technology because it keeps the current driveline and compression ignition engine platform while delivering the high performance we need at low cost for decarbonization in long-haul trucking.”
“Heavy hauling is recognized as amongst the most challenging applications within transportation to decarbonize. These heavy transport fleets require sustainable technologies that are viable for their operations as well as practical and affordable for today’s market,” said Anders Johansson, vice president, Heavy-Duty OEM for Westport Fuel Systems. “We are encouraged to see a global retail giant such as IKEA field testing our H2 HPDI prototype truck as part of its decarbonization continuum, experiencing for themselves the robustness of the system and its real-life benefits.”
“We are happy to dedicate one of our lanes, operated by KAJ Inrikes, to test the hydrogen-powered vehicle,” said Michal Silhacek, category land manager, IKEA Supply Chain Operations. “We look forward to exploring the possible role of this technical solution in our future zero-emission transportation.”
“The Westport H2 HPDI technology left us very impressed,” commented Nicklas Svensson, senior manager at Smålandslogistik. “Its high efficiency, powerful performance, and the potential of long-range operations is a very attractive solution. Our confidence is bolstered by its foundation on a traditional powertrain, ensuring minimal investment in new workshop facilities. Additionally, the adaptability of the system to biogas is a significant advantage, aligning with our vision of fuel self-sufficiency because we can utilize local biomass and excess electricity, transforming them into fuel for our truck fleet.”
Christer Wikner, president and CEO of Metacon, commented, “It was great to see Westport’s technology in action today. This means that hydrogen can now power heavy-duty vehicles and deliver higher efficiency, power, and torque than the corresponding diesel engine. The introduction of high-performance internal combustion engines for hydrogen will be able to accelerate the transformation of the transport sector without customers having to adapt to any real change other than the fuel used in their trucks.”
“Westport’s technology enables heavy-duty vehicles to be powered by green hydrogen in an internal combustion engine and this is a milestone that is in line with Hydris’ ongoing rollout of Sweden’s largest network of hydrogen stations,” said Peter Enå, CEO of Hydri AB. “We are excited to contribute to a transition where high-performance hydrogen-powered vehicles become the norm, and Westport’s progress confirms that we’re on the right track. Together, we are strengthening the foundation upon which to build a sustainable transport sector.”
At Westport, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport, we think ahead. For more information, visit www.wfsinc.com.
KAJ Inrikes AB is based in Älmhult and conducts haulage operations with a focus on transport for IKEA, including deliveries from the distribution centers in Älmhult and Torsvik to the department stores in Malmö, Helsingborg, Älmhult, Kalmar, Gothenburg, Uddevalla, Karlstad, Örebro and Västerås. Deliveries to the distribution centers from IKEA’s suppliers are also a key transport initiative of the company. Visit kajinrikes.es for more information.
Metacon AB is an international energy technology company commercializing energy systems for the production of hydrogen, electricity, and heat. Metacon was established in 2011 and is based in Uppsala, Sweden. Metacon offers large scale electrolyzer systems and also develops and holds patented technology for cost-effective and electricity independent production of green hydrogen from biogas or other hydrocarbons such as ethanol, through compact catalytic reforming systems. Metacon serves the transport sector, heavy industry, and real estate markets, providing innovative products and solutions designed to positively influence the environment and climate. Read more about Metacon.
Hydri, an infrastructure company based in Göteborg, Sweden, is a hydrogen refueling company addressing the transport industry. Hydri is establishing the first and largest green hydrogen station network in Sweden to be rolled out from 2024 onward. Visit hydri.co for more information.
Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable securities laws (“forward looking statements”). Forward looking statements are frequently characterized by words such as “expect”, “intend”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements made in this press release include statements regarding the timing and commitment to decarbonize the heavy-duty transport sector and the potential utilization of the H2 HPDI technology, and the performance, characteristics, and cost effectiveness of such. These forward-looking statements are neither promises nor guarantees but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause Westport’s actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activities, performance or achievements expressed in or implied by these forward-looking statements. These risks, uncertainties and assumptions include those related to the timing and commitment to decarbonize the heavy-duty transport sector and the potential utilization of the H2 HPDI technology, the pricing and availability of hydrogen as a transportation fuel, our ability to address technological challenges, governmental policies and regulation, as well as other risk factors and assumptions that may affect our actual results, performance or achievements or financial position that are described in Westport’s continuous disclosure filings available under Westport’s SEDAR profile at www.sedar.com and under Westport’s EDGAR profile at www.sec.gov. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they were made. Westport disclaims any obligation to publicly update or revise such statements to reflect any change in its expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward-looking statements except as required by law.
Contacts: Westport Media Relations, NA T: +1 947-339-8097, EUROPE T: +39 337-144-8438, E: [email protected]; Westport Investor Relations, T: +1 604-718-2046, E: invest@wfsinc.com
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NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has unveiled its latest 2025 initiative: a $35M UNI AirDrop. As the news begins to ripple across the crypto community on the 24th, Friday, 2025, this landmark announcement sets the stage for Uniswap’s next chapter of decentralized financial empowerment. Launching in the wake of Jupiter’s record-breaking $630M JUP token distribution, this AirDrop is poised to capture the spotlight and redefine reward campaigns in the blockchain space.
A Strategic Response to Airdrop Momentum
Uniswap’s AirDrop comes at a pivotal time for decentralized finance, following the tremendous success of Jupiter’s Solana-based $630M JUP distribution. Jupiter’s campaign not only propelled its market cap by 87% to $3.5B but also reinforced the power of airdrops as a key tool for driving user engagement and adoption. By launching its $35M UNI AirDrop so soon after, Uniswap is positioning itself to lead the next wave of innovation in DeFi rewards.
“We’re excited to continue rewarding our users while driving adoption across the DeFi ecosystem,” said Hari Sevugan, a spokesperson from Uniswap Labs. “The success of airdrops like Jupiter’s shows just how powerful community engagement can be, and with Uniswap’s $35M AirDrop, we aim to take that impact to the next level V4 will bring to the blockchain realm.”
Aligned with Uniswap V4 and the Future of DeFi
The $35M AirDrop also coincides with the highly anticipated rollout of Uniswap Version 4, which officially begins deployments this week. This latest iteration introduces a series of game-changing features designed to enhance efficiency, scalability, and user experience, further solidifying Uniswap’s leadership in the decentralized finance space.
Uniswap’s decision to launch the AirDrop at this time reflects its broader strategy to drive growth and innovation while giving back to the community that helped the platform achieve a remarkable 102% year-over-year growth in 2024.
The Broader Context: Trump’s Vision for Blockchain Leadership
The announcement also arrives amid a transformative moment for the cryptocurrency space. Former U.S. President Donald Trump has outlined bold plans to make the United States the global capital of blockchain and cryptocurrency. This vision has reinvigorated the crypto market, driving a wave of optimism and strategic initiatives from key players like Uniswap.
With Trump’s call for blockchain leadership setting the tone, Uniswap’s $35M UNI AirDrop is more than just a user reward campaign—it’s a signal of intent to maintain a leading role in shaping the future of decentralized finance.
How to Participate
Eligible participants can now claim their share of the $35M UNI AirDrop by visiting the official Uniswap website, where full eligibility requirements are outlined. The process is simple, secure, and designed to ensure fair access for Uniswap’s loyal user base.
The timing of this AirDrop reflects Uniswap’s strategic awareness of the industry’s momentum. With Jupiter setting a new benchmark for token distribution and Trump’s bold vision sparking global crypto interest, Uniswap is leveraging this moment to further strengthen its community and reinforce its leadership.
This is not just about distributing $UNI tokens—it’s about driving engagement, enhancing liquidity, and positioning Uniswap as the go-to platform for decentralized finance. Together with its newly announced Uniswap V4 rollout, this AirDrop represents a comprehensive strategy to capitalize on the opportunities of 2025.
Airdrop Buzz Across the Ecosystem
The broader crypto space has been abuzz with activity. Jupiter’s massive $630M JUP token distribution demonstrated the power of well-timed reward campaigns to boost engagement and market cap. Meanwhile, whale investors have reportedly begun accumulating $UNI in response to Uniswap’s latest announcements, signaling strong confidence in the platform’s long-term vision.
Looking Ahead
Uniswap’s $35M AirDrop underscores its commitment to fostering financial inclusion and empowering its global user base. As decentralized finance continues to expand, initiatives like this serve as a reminder of the transformative power of blockchain technology.
Uniswap invites all eligible participants to act quickly and secure their share of the $35M UNI AirDrop. Visit the official Uniswap website to learn more about the eligibility requirements and join the DeFi movement.
About Uniswap
Uniswap is the leading decentralized exchange (DEX) in the DeFi ecosystem, offering users seamless access to cryptocurrency trading, liquidity provision, and innovative financial tools. Dedicated to decentralization and user empowerment, Uniswap is shaping the future of finance.
Contact:
Matthew Elder
[email protected]
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NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the Official $UNI AirDrop. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin today, signaling another leap forward in the platform’s evolution. Meanwhile, the crypto world is abuzz with momentum, fueled by former U.S. President Donald Trump’s bold plans to establish the United States as the global capital of blockchain and cryptocurrency.
Uniswap’s $UNI AirDrop: Celebrating Growth and Innovation
The $35M AirDrop comes as Uniswap celebrates an impressive 120.76% year-over-year growth in 2024. This initiative rewards both loyal and new users, underscoring Uniswap’s dedication to fostering community engagement and innovation in decentralized finance.
The AirDrop also coincides with heightened investor interest, with whales beginning to accumulate $UNI tokens following Uniswap Foundation’s recent announcements. This highlights the growing confidence in Uniswap’s ecosystem and its potential for long-term growth.
Interested participants can review eligibility requirements on Uniswap’s official website, ensuring a secure and transparent process for everyone involved.
Uniswap V4: The Next Chapter in Decentralized Finance
Uniswap’s Version 4 is set to roll out today, bringing groundbreaking improvements to the protocol. Designed to enhance efficiency, scalability, and user experience, V4 introduces innovative features that solidify Uniswap’s position as the industry leader in DeFi.
This latest update not only benefits the platform’s users but also sets the stage for increased adoption and integration across the broader blockchain ecosystem.
Trump’s Vision and Uniswap’s Alignment
The AirDrop and V4 deployment comes at a time when Donald Trump’s vision to establish the USA as the global crypto capital is reshaping the industry narrative. With Bitcoin breaking records and institutional interest surging, Uniswap’s initiatives align seamlessly with the renewed focus on decentralization and financial freedom.
Uniswap’s ability to anticipate market trends and deliver unparalleled value to its users has positioned it at the forefront of these transformative changes.
Jupiter’s Simultaneous Airdrop Sparks Broader Market Momentum
Uniswap’s AirDrop announcement comes in the midst of significant developments across the DeFi ecosystem. Jupiter, a Solana-based platform, has recently issued a $630M airdrop of its native JUP tokens, propelling its market cap up by 87% to $3.5 billion. This surge in activity highlights the increasing competition and innovation within the decentralized finance space, with platforms racing to reward their communities and expand their reach.
The dual momentum of Uniswap’s $UNI AirDrop and Jupiter’s recent initiatives underscores a new wave of growth and collaboration in the DeFi sector, further solidifying its role in shaping the future of global finance.
This January 2025 has proven to be a groundbreaking month for the crypto space, marked by historic milestones and unprecedented momentum. Bitcoin’s meteoric rise to its all-time high of $100K has reignited global interest in digital assets, while Ethereum and Solana have seen significant gains, driven by innovative developments and strong investor confidence. Meanwhile, the DeFi sector is thriving, with platforms like Uniswap and Jupiter leading the charge through impactful initiatives, including massive airdrops that have reshaped user engagement. This surge of activity has not only reinforced crypto’s role as a transformative financial ecosystem but has also set the tone for an exhilarating year ahead in blockchain and decentralized finance.
Whale Activity Signals Strong Confidence
In addition to the AirDrop, recent data has shown a surge in whale activity, with large investors beginning to accumulate $UNI tokens. This follows Uniswap Foundation’s latest announcements and highlights the growing market confidence in the platform’s future prospects.
As Uniswap continues to innovate with initiatives like V4 and significant reward campaigns, it further solidifies its role as the leading decentralized exchange and a driving force in the crypto space.
How to Participate in the $UNI AirDrop
To participate in the $35M $UNI AirDrop, users are encouraged to visit Uniswap’s official website to confirm their eligibility and review the claiming process. With this initiative, Uniswap reaffirms its commitment to rewarding its community and promoting decentralization.
For real-time updates and further information, follow Uniswap’s verified social media channels and stay informed about this historic AirDrop and future developments.
About Uniswap
Uniswap is the world’s leading decentralized exchange, empowering millions of users to trade tokens securely and efficiently on the blockchain. Known for its commitment to innovation and transparency, Uniswap continues to set the standard for decentralized finance and global financial systems.
Contact:
Uniswap Foundation
[email protected]
Matthew Elder
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Fintech PR
Silver Gene to Present at DxPx Conference Europe 2025: Showcasing Genetic Solutions for Chronic Symptoms and Autoimmune Diseases
FRISCO, Texas, Jan. 24, 2025 /PRNewswire/ — Silver Gene, a pioneer in nutritional genetic technology and personalized health solutions, is proud to announce its participation in the upcoming DxPx Conference Europe, taking place in Düsseldorf, Germany January 26-27th.
The conference, renowned as a global gathering for leaders in diagnostics, precision medicine, and digital health, will serve as a platform for Silver Gene to share its innovative approach to addressing chronic symptoms rooted in genetic and autoimmune conditions.
Silver Gene’s presentation will highlight the company’s cutting-edge methodology, which combines advanced nutritional genetic technology with the expertise of a nationwide network of physicians. By analyzing multifactorial genes and identifying underlying genetic causes, Silver Gene provides comprehensive evaluations designed to eliminate toxins, restore health, and deliver lasting solutions for patients who have struggled to find answers elsewhere.
“At Silver Gene, our mission is to bring clarity and healing to patients who have been searching for solutions to chronic symptoms and elusive health issues,” said Dennis Hooper, CEO at Silver Gene. “We are honored to join industry leaders at DxPx Europe to share our breakthroughs in personalized healthcare and explore collaborative opportunities that can further revolutionize patient outcomes.”
DxPx Industry & Investor Partners Conference Europe is the premier forum for connecting companies in the life sciences and healthcare industries. Known for its focus on diagnostics and precision medicine, the event attracts investors, innovators, and key decision-makers from across the globe.
Silver Gene invites attendees to visit its booth, schedule one-on-one meetings and learn more about its transformative approach to addressing genetic and autoimmune health challenges. Attendees will also have the opportunity to engage with the team to discuss potential partnerships, collaborations, and investment opportunities.
For more information about Silver Gene and its participation at DxPx Conference Europe, please visit Silver Gene’s website link or the official DxPx conference website.
About Silver Gene
At Silver Gene, we are dedicated to transforming lives by addressing chronic symptoms that stem from genetic problems and autoimmune diseases. Through the expertise of our nationwide network of physicians and cutting-edge genetic technology, we identify the root causes of elusive health issues. By analyzing a wide array of multifactorial genes, we pinpoint the problematic ones and create personalized, comprehensive health evaluations. Our goal is to eliminate toxins from the body, restore well-being, and provide lasting solutions for patients who have long struggled to find answers. At Silver Gene, we are committed to delivering clarity, healing, and a path to a healthier future.
Media Contact: [email protected]
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