Published by Todd Bush on April 1, 2025
NEW YORK, April 1, 2025 /PRNewswire/ -- Hilco Streambank, a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire the rights of Hyzon Motors, developer of high-performance hydrogen fuel cell systems, to over 160 patents, related intellectual property, and over 1500 lots of quality, late-model machinery, equipment, and inventory.
Non-binding indications of interest are due by April 10, 2025.
>> In Other News: EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State
Since its founding in 2020, Hyzon has developed IP protecting a smaller, lighter, and more fuel efficient hydrogen fuel cell with lower manufacturing costs. Hyzon produced an industry-leading high-power 200kW PEM fuel cell within a single stack form factor, with advanced electrode materials, hydration control, and the dynamic capability to enable load-following hybrid operation to ensure durability and performance.
Hyzon has a large patent portfolio of issued, provisional, and pending patents distributed globally, including a majority in the U.S., as well as Europe, Asia, Australia, Canada, and WO patents. It includes over 160 patents that are owned by Hyzon or jointly owned. A buyer of the IP can also take advantage of over 1500 lots of available machinery, equipment, and inventory, including primary fuel cell production M&E, parts and components, and finished and in-process fuel cells that are related to the proprietary operations of Hyzon.
David Peress, Executive Vice President of Hilco Streambank, notes of this opportunity, "Acquiring Hyzon's assets represents a unique opportunity to leverage over $100 million invested in R&D activities, along with a huge inventory of M&E and other tangible assets that directly support Hyzon's IP." Peress continued, "Decarbonization and emission reduction is more important than ever, and Hyzon's hydrogen fuel cell technology has been at the forefront. Having focused on commercial trucking, the fuel cell system holds transformative potential for tomorrow's power generation and energy storage, and across sectors such as mining, construction, rail, marine, and aviation. The IP and hard assets not only complement existing product portfolios but can provide a robust entry point into such high-volume applications, offering a cost-effective manufacturing solution and other benefits to suppliers and customers alike."
Interested parties have the option to acquire any combination or all of Hyzon's assets. An online auction for the M&E is taking place from April 15 - 17, 2025. Certain M&E assets may be reserved for an interested party who submits an indication of interest for both IP and M&E.
Contact Hilco Streambank at [email protected] to learn more about the opportunity and IP. More information about the available M&E assets can be found at this link.
Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Having completed numerous transactions including sales in publicly reported Chapter 7 and 11 bankruptcy cases, private transactions, and online sales through IPv4.Global, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet, and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate and strategic capital equity investments.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔧 Utilities Seek to Bypass Low-Level Hydrogen Blending Demo, Citing Proven Safety 🌍 EU Sets World’s First Voluntary Standard for Permanent Carbon Removals ✈️ Cathay Achieves Anot...
Inside This Issue 🛫 New US Powerhouse: XCF Global, DevvStream & Southern Merge for SAF Scale ⛏️ Carbon Capture, ‘Rare Earth’ From Coal Among Projects Poised to Get $11.7M in State Grants 🗺️ Ca...
Inside This Issue 🧪 Why Bill Gates Bet $40M on This Carbon Capture Lab ⛏️ Max Power Prepares to Drill Second Natural Hydrogen Well as Program Expands 325 km SW of Lawson Discovery 💰 Trafigura-Back...
Terradot Acquires Eion to Form Leading Global Enhanced Rock Weathering Carbon Removal Platform
Terradot, an enhanced rock weathering (ERW) carbon removal company, today announced it has agreed to acquire assets of Eion, a U.S.-based ERW company known for pioneering olivine-based deployments ...
Clean Fuels Welcomes Proposed 45Z Rules
WASHINGTON, DC – Today, Clean Fuels Alliance America welcomed Treasury’s proposed rules for the 45Z Clean Fuel Production Credit, issued through the IRS. While the credit has been available since J...
pHathom Technologies Surpasses $12M Committed Capital with Closure of Seed Financing Round
HALIFAX, Nova Scotia -- pHathom Technologies, a climate technology company developing carbon capture solutions for existing coastal bioenergy and industrial facilities, today announced the closing ...
Growing Demand for Hydrogen Creates Opportunities for Appalachian Manufacturers
With abundant natural gas and a ready manufacturing base, Appalachia is positioned to be a leader in blue hydrogen production The hydrogen economy has transitioned to an emerging market. Appalachi...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.