Loop Energy Secures Design Win with Global Fire Truck and Special Purpose Vehicle Manufacturer
The new hydrogen electric fire truck will be fitted with two of
With this new partnership,
About
Loop Energy™ is a leading designer and manufacturer of hydrogen fuel cell systems targeted for the electrification of commercial vehicles, including transit buses and medium to heavy-duty trucks.
Forward Looking Warning
This press release contains forward-looking information within the meaning of applicable securities legislation, which reflect management's current expectations and projections regarding future events. Particularly, statements regarding the Company's expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information, including without limitation, the ability of the Company's eFlow™ technology to maintain uniform operation over time, the impact of such technology on fuel cell durability, purchase orders, cost reduction, profitability and revenue targets; our future growth prospects and business outlook including without limitation the expected demand for our products, the allocation of resources and funds, the expected timeline for profitability, the planned growth of our customer base and the expected growth of our operations globally. Forward-looking information is based on a number of assumptions (including without limitation assumptions with respect the current and future performance of the Company's products, growth in demand for the Company's products, the Company's ability to execute on its strategy, achieve its targets and progress existing and future customers through the Customer Adoption Cycle in a timely way, and is subject to a number of risks and uncertainties, many of which are beyond the Company's control and could cause actual results and events to vary materially from those that are disclosed, or implied, by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the realization of electrification of transportation and hydrogen adoption rates, the elimination of diesel fuel and ongoing government support of such developments, the expected growth in demand for fuel cells for the commercial transportation market, our ability to obtain future patent grants for our proprietary technology and the effectiveness of current and future patents in protecting our technology and the factors discussed under "Risk Factors" in the Company's Annual Information Form dated
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https://www.accesswire.com/773106/Loop-Energy-Secures-Design-Win-with-Global-Fire-Truck-and-Special-Purpose-Vehicle-Manufacturer
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