First-half order intake of €11.8 million

In the first half of 2024-2025, HRS once again demonstrated its dynamism and international ambition through major projects that reinforce its role as a leader in hydrogen mobility. The 9 orders received illustrate the confidence placed in HRS by strategic players and testify to its ability to respond rapidly to the specific needs of territories in terms of decarbonizing transport.

Thanks to its technological expertise and ability to deliver high-quality stations, HRS is establishing itself as a partner of choice in the global energy transition, supplying both industrial hubs and infrastructures in regions pioneering the use of hydrogen.

Order for an HRS14 station in Italy with an industrial player:

HRS announced on September 11, 2024 that it had received an order from an Italian industrial player for the installation of an HRS14 station in Italy, to be commissioned at the end of 2025. This project is part of Italy's plan to deploy 40 hydrogen stations by 2026.

Ordering an HRS14 station in the UK with Element 2 :

HRS announced on September 30, 2024 that it had received an order from UK company Element 2 to install a dual-pressure HRS14 station in Darlington, near Teesside Airport. The project is supported by a grant from Innovate UK and is part of Element 2's national network rollout for zero-emission hydrogen mobility in the UK.

HyChem commissions an HRS14 station in Portugal:

HRS announced on October 29, 2024 that it had signed an order with HyChem for the installation of an HRS14 station near Lisbon, which will be operational in 2025. This project is part of Portugal's plan to build 100 hydrogen stations by 2030, and strengthens HRS's presence on the H2Med energy corridor, linking Portugal, Spain, France and Germany. Proof of its operational speed, the station was installed on the customer site in January 2025.

Ordering an HRS14 station in Albi:

HRS announced on December 5, 2024 that it had received an order from the Communauté d'agglomération de l'Albigeois for an HRS14 station, as part of the "Albility Lab" project, a European center dedicated to decarbonized mobility and in particular hydrogen mobility. The main purpose of the station will be to train future station operators to refuel different types of vehicles under real-life conditions.

Order for 4 HRS14 stations in Auvergne-Rhône-Alpes with HYmpulsion :

HRS announced on December 17, 2024 that it had received an order from HYmpulsion to install 4 new HRS14 stations in the AURA region, as part of the "Zero Emission Valley" project. These stations will be open to the public and deployed at several sites to support hydrogen mobility for light and heavy vehicles. This new order brings the total number of stations HYmpulsion has ordered from HRS as part of the ZEV project to 8, testifying to HYmpulsion's recognition of the quality and reliability of the stations supplied.

Order for an HRS14 station at the Kourou space center with ALLDIS-NERIUS in French Guiana:

HRS announced on December 19, 2024 that it had received an order from ALLDIS-NERIUS to install an HRS141 station (200 kg/day) at the Kourou Space Center in French Guiana. The project, named HYGUANE, involves the production of green hydrogen from an electrolyzer powered by a photovoltaic field. The station will power the center's heavy mobility and stationary electrical generators, and is the ^1stHRS installation in French overseas territories.

Strategic partnership with ECM Technologies for the Industrial Piping business:

On July 29, 2024, HRS announced the signature of a 5-year strategic partnership with ECM Technologies to supply industrial piping for photovoltaic furnaces. A new industrial site dedicated to this activity is to be built in Champagnier, financed by the majority shareholder with the support of Crédit Agricole. This will increase production capacity and reinforce HRS's position as market leader.

First steps in the United States

In the first half of this year, HRS created a legal entity for its US subsidiary, named HRS USA Inc. This initiative is supported by Bpifrance's Garantie de Projets à l'International and represents a major step forward in HRS's global expansion strategy.

AN ENHANCED OFFERING TO ADDRESS HIGH-POTENTIAL COMPLEMENTARY MARKETS

Over the first half of the year, HRS continued its drive for innovation and commercial development, adding 2 new strategic products to its catalog: the Filling Center and the Export Trailer. These solutions are designed to meet the growing needs of the industrial and hydrogen mobility sectors, consolidating HRS's position as a key player in the sector.

Filling Center: the innovative modular solution for industry

The Filling Center is an innovative modular trailer tube filling solution for industrial hydrogen production sites. With its large-scale capacity, the Filling Center enables industries to rationalize their logistics flows and reduce their operating costs. This solution offers unrivalled flexibility to meet the decarbonization needs of industrial hubs and areas of high hydrogen demand, and opens up potential new markets for HRS.

Export Trailer: hydrogen mobility without limits

The Export Trailer is a hydrogen refueling option for trailer tubes that integrates with HRS stations. This flexible, innovative solution meets the challenges of stations that include on-site production, particularly in isolated areas.

These 2 new offers are real growth drivers, illustrating the company's commitment to innovation, offering reliable, tailor-made, flexible solutions adapted to the challenges of large-scale decarbonization. HRS is thus confirming its ambition to become the preferred partner of hydrogen mobility players. These new solutions complete an offer already recognized for its reliability and efficiency, confirming HRS's role as a driving force for innovation in the sector.

HRS announces partnership with Toyota Motor Europe and ENGIE to revolutionize hydrogen refueling infrastructures

On January 28, 2025, HRS announced a partnership with Toyota Motor Europe and ENGIE to develop Twin Mid Flow (TMF) technology. This innovation introduces a double-nozzle station, enabling heavy vehicles to be refueled in less than 10 minutes and light vehicles in less than 5 minutes. In addition, this technology significantly reduces station installation costs, facilitating rapid deployment in line with the requirements of the European AFIR regulation. TMF stations, capable of delivering up to 1 tonne of hydrogen per day at dual pressure (350 bar and 700 bar), will be tested from the end of 2025 at Champagnier (Isère), where HRS has a state-of-the-art test area. This strategic partnership, part of the EU-funded RHeaDHy project, positions HRS as a pioneer in modular, high-performance hydrogen infrastructures, meeting the growing needs of the zero-emission mobility market.

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