Hexagon Purus signs long-term supply agreement to deliver hydrogen fuel storage systems for fuel cell buses
Hexagon Purus has signed an exclusive long-term supply agreement (“LTA”) with a leading European bus OEM. Under this agreement, Hexagon Purus will supply hydrogen storage systems for the OEM’s next generation two axle (12 meter) and articulated (18 meter) fuel cell bus offerings. This OEM has been a long-standing customer of Hexagon Purus. Deliveries under the LTA will take place between 2021 and 2024 with an estimated sales value of approximately EUR 30 million (including some deliveries already made in 2021). The hydrogen storage systems will be supplied from Hexagon Purus’ facility in