California-based Hyperion Motors recently unveiled a design for mobile hydrogen stations to support its Hyperion XP-1 fuel cell supercar.
The Hyper:Fuel Mobile Stations will produce hydrogen onsite through water electrolysis, with electricity supplied by built-in solar panels, Hyperion said in a press release. This process ensures the hydrogen powering the fleet of XP-1 supercars will be truly green, as other production methods can have a large carbon footprint.
Hyperion Hyper:Fuel Mobile Station
This setup also gives Hyperion more flexibility in deploying the stations. Because they don't require a connection to the grid, stations can be moved around to meet real-time demand, according to the company. The solar panels will be able to provide electricity for DC fast-charging of battery-electric vehicles, or serve as emergency backup power sources in event of grid failure, Hyperion claims.
Mounted on the roof of each station, the solar panels will be able to swivel to track sunlight, ensuring they're always harvesting the maximum amount of energy, Hyperion claims. Based on technology from NASA and Shell's GameChanger startup accelerator, each station will also feature "state-of-the-art touchscreen controls, contactless payment, and a self-sanitizing nozzle utilizing UV light," Hyperion said.
Hyperion Hyper:Fuel Mobile Station
As for the XP-1, it was first shown in 2020 with some impressive specs. Hyperion previously said the two-seater would have a range of more than 1,000 miles, a 221-mph top speed, and the ability to do 0-60 mph in about 2.2 seconds. This performance is helped by the car's lightweight construction and fuel cell powertrain, which result in a claimed curb weight of 2,275 pounds.
The first prototype of the XP-1 began testing on public roads in early 2021, but it seems unlikely that Hyperion will meet its original goal of delivering the first of the 300 planned customer cars this year. That's just as well, as Hyperion doesn't plan on deploying the first mobile hydrogen stations until 2023. They'll be manufactured at the company's Columbus, Ohio, facility.
Hydrogen supercar maker Hyperion isn't happy about the state of hydrogen fuel infrastructure, so it's decided to start building its own, rolling out yacht-styled mobile hydrogen stations across the United States that can generate fuel on-site.
According to IbisWorld, there are 72,296 gas stations in the United States. According to GLP Autogas, there are just 107 hydrogen fueling stations in the USA, including private fleet facilities. If you take California and Hawaii out of the picture, there are a grand total of zero. That's better than Australia, which offers you brave Nexo and Mirai drivers just three tank-filling options in the whole country – but even fuel cell vehicle proponents Japan and Korea only have 166 and 34 stations up and running, respectively.
It's bigger than a simple chicken-and-egg problem; many EV owners are delighted that they can charge up at home or work, so the idea of an EV that would send them back to the waiting arms of the gas stations is less than appealing. But hydrogen vehicles might end up playing a bigger part in the energy transition than expected; they're starting to look like the final refuge of the revhead, and besides, there's nowhere near enough lithium being produced to build all the electric cars everyone seems to expect will be sold over the coming decades.
Either way, Hyperion isn't going to sit around and cry about it. Two years after launching its XP-1, a hydrogen-powered electric supercar with a monster range over a thousand miles (~1,600 km) to a tank, the company has announced it's going into the fuel business.
Rather than getting stuck into real estate, building traditional fuel stations and setting up H2 supply chains, Hyperion has decided to build mobile fuel stops that can be towed wherever you want, and left there for however long makes sense.
As with the XP-1, Hyperion has gone out of its way to make these things look fully sick. Indeed, folk might drive past these things and assume somebody's fancy yacht's fallen off the trailer. Nope, it's a hydrogen station – indeed, one that can produce its own hydrogen, compress it, and store it.
Details are a little scant; if you want it to make hydrogen rather than just store and dispense it, you'd need to park it somewhere with access to fresh water to run through the electrolyzer. And while there are five "sun tracking solar panels" on the roof, you're gonna want a grid connection if you're expecting it to get a lot of use. You'd need a ton more solar to generate enough energy to fill up a single 100-kWh car battery every day, and even more when you factor in the inefficiencies involved with electrolysis. Ah well, the XP-1 has "articulating solar panels" on it as well, again in quantities best described as ornamental, so maybe it's a branding thing.
They don't appear to need constant staffing; customers will use touchscreens and tap-to-pay, and the fuel fillers will self-sanitize under UV light between fill-ups. They can be configured to serve as fast-charge stations for battery-electric cars as well, quick enough to get most cars from 0-80% in around 20 minutes, and Hyperion says it wants to send them out to disaster zones to serve as emergency power sources where required.
These "Hyper:Fuel Mobile Stations" will be manufactured at the company's facility in Ohio, and it'll start rolling them out "across the United States" in 2023. It plans to sit them at existing gas stations, in the car parks of big shopping malls, and in other high-traffic areas.
Hyperion sees this as a relatively fast and cheap way to get a fledgling hydrogen fueling network set up with minimal risk and investment. They won't need to buy land or sign long contracts; if they're not getting used, they can be moved somewhere else. It'll be interesting to see how they communicate these moves to customers, assuming they've begun to rely on a given station.
Check out a video below, if you're not already sick to the back teeth of watching videos about people filling up or charging their cars with really exciting music playing.
Hyper:Fuel Mobile Stations™ Launch
LOS ANGELES, Nov. 8, 2022 /PRNewswire/ -- Hyperion Capital Partners LLC ("Hyperion") today announced it has completed the acquisition of A Plus Tree, Inc. ("A Plus" or the "Company") from Paula Tibbets and family. A Plus is a leading provider of tree care services for commercial and residential clients located across the West Coast.
Headquartered in Vallejo, California, A Plus provides specialized services to property owners and managers, including tree trimming, pruning, and removal; plant and tree healthcare; and arborist consulting. The Company employs a team of highly skilled tree care workers, and operates across Northern and Southern California, Washington, Oregon, and Utah.
A Plus was founded by the late Jeremy Tibbets, and under the leadership of the current CEO, Cyrus DeVere, the Company has seen exceptional growth in latest years. The two Co-Founders and Partners of Hyperion said, "We are thrilled to partner with Cyrus and his team to help catalyze growth at A Plus. The culture of love and respect that permeates A Plus is second to none, and we will work with the Company to continue the legacy of industry-leading service to its clients."
Cyrus DeVere said, "After spending the last several years growing A Plus, I am excited to work with Hyperion. The Firm's Partners bring valuable strategic insight and perspective as A Plus begins its next chapter of growth in the tree care industry."
Financing for the transaction was provided by Source Capital and Plexus Capital. McGuireWoods LLP served as counsel and D. A. Davidson & Co. served as financial advisor for Hyperion.
About A Plus Tree
Headquartered in Vallejo, California, A Plus Tree is a leading provider of tree care services for commercial and residential clients. A Plus provides specialized services to property owners and managers, including tree trimming, pruning, and removal; plant and tree healthcare; and arborist consulting. The Company employs a team of highly skilled tree care workers, and operates across Northern and Southern California, Washington, Oregon, and Utah.
Hyperion Capital Partners is a private investment firm based in Los Angeles that establishes and utilizes partnerships with management to produce substantial long-term value. Hyperion makes control investments in companies that generate between $20 and $200 million of revenue and that are headquartered in North America.
For more information, please contact email@example.com or visit hyperion-cp.com.
View original content:https://www.prnewswire.com/news-releases/hyperion-completes-acquisition-of-a-plus-tree-301672029.html
SOURCE Hyperion Capital Partners
Global Debut of H2 Fueling Products featuring 'XP-1' Vehicle
LOS ANGELES, Nov. 15, 2022 /PRNewswire/ -- Hyperion Motors, Inc. will be showcasing its spaceship-inspired 'XP-1 Hyper:Car' for the first time on a world stage at AutoMobility LA™ Nov 17 at the Los Angeles Convention Center. This hydrogen-powered vehicle incorporates NASA H2 technologies to deliver 2,000+ horsepower to 4 axial-flux electric motors.
Additionally, Hyperion will globally launch its 'XF-7 Hyper:Fuel' power station. This space station-inspired charger utilizes several NASA technologies to refuel hydrogen (FCEV) and battery (BEV) electric vehicles. Because hydrogen ions (hyper-ion) can store mass amounts of electricity, this station can easily charge battery and fuel cell systems. Beyond this, XF-7 can also provide utility grid support for emergency and backup power applications.
Hyperion will exhibit its futuristic product line showcasing the complete H2 ecosystem— starting with solar power to generate hydrogen, and ending with electrically powered vehicles with water vapor exhaust. All company products are inspired by space travel and utilize NASA technologies. Come to the LA Auto Show to learn about hydrogen and the future of fuel!
Founded in 2011, Hyperion Motors, Inc. is a technology company that focuses on green hydrogen-based power and delivery. From mobile to stationary power, Hyperion seeks to revolutionize the energy sector by producing high-quality, scalable hydrogen fuel cell technology for use in a wide variety of industries. More information about Hyperion can be found at www.hyperion.inc. Follow Hyperion on Facebook, Instagram, Twitter, and LinkedIn.
Hyperion: Space Technology for the Road.
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SOURCE Hyperion Motors, Inc.
Mereo Capital Partners and Hyperion Capital Partners Acquire Rapidly Growing Manufacturer of Packaging Solutions
Mereo Capital Partners (“Mereo”) (www.mereocapitalpartners.com) and Hyperion Capital Partners (“Hyperion”) are pleased to announce the acquisition of Algus Packaging LLC (“Algus” or the “Company”), a leading provider of thermoformed blister and clamshell packaging and manufacturer of blister seal machines. Founded in 1995 and headquartered in DeKalb, IL, Algus provides complete packaging solutions to a blue-chip roster of customers across a variety of end markets. The transaction closed on November 2, 2022.
“We are excited to partner with the management team of Algus to build on its history of success and invest in its future growth,” said Leo Helmers, Co-Founder of Mereo. “We are attracted to Algus’ superior packaging solutions, reputation for exceptional quality and strong growth prospects.”
“We are thrilled to have Mereo and Hyperion as our partners as we embark on an exciting new chapter in our Company’s history,” said Rod MacNeille, Chief Executive Officer of Algus. “We look forward to collaborating with them to execute on our strategic initiatives.”
About Mereo Capital Partners: Mereo Capital Partners (www.mereocapitalpartners.com) makes opportunistic and thematic private equity investments in lower middle-market companies. Mereo focuses primarily on the following industries where it has significant experience, expertise and a deep network of resources: aerospace & defense, industrial, healthcare services and business services companies.
About Hyperion Capital Partners: Hyperion Capital Partners (hyperion-cp.com) is a private investment firm based in Los Angeles that establishes and utilizes partnerships with management to produce substantial long-term value. Hyperion makes control investments in companies that generate between $20 and $200 million of revenue and that are headquartered in North America.
FOR FURTHER INFORMATION CONTACT:
Leo Helmers (firstname.lastname@example.org)
Rod MacNeille (email@example.com)
View source version on businesswire.com: https://www.businesswire.com/news/home/20221128005015/en/