HYLN – Hyliion Holdings Corp

Not Compliant

Hyliion Holdings Corp is not Shariah Compliant because it fails the financial ratios.

Hyliion Holdings Corp. is a developer of sustainable electricity-producing technology. The Company is focused on providing distributed power generators that can operate on various fuel sources. It is addressing the commercial space with a locally deployable generator that can offer prime power, peak shaving, and renewables matching. Its KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. It is constructing the 125kW ALPHA generator, which is testing in its development facility. It is also engaged in designing a 200kW BETA generator. The Company also focuses on scaling up its generator solutions to address larger utility-scale power needs and to develop variants for household use and mobile applications, such as vehicles and marine. Additionally, the generator technology is suited to provide combined heat and power (CHP) in various stationary applications.

AAOIFI ✗

Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC102.71

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