Mark Wystrach

Hexagon Purus ASA: Results for the second quarter 2023

Retrieved on:

Tuesday, August 15, 2023

Mark Wystrach, Nikola, EBITDA, Acquisition, Investment, Hexagon, Depreciation, OEM, NOK, Bank

In the second quarter of 2023, Hexagon Purus (“the Company” or “the Group”) generated NOK 330 million in revenue, up 57% from NOK 210 million in the second quarter of 2022.

Key Points:

In the second quarter of 2023, Hexagon Purus (“the Company” or “the Group”) generated NOK 330 million in revenue, up 57% from NOK 210 million in the second quarter of 2022.
Total assets at the end of the second quarter of 2023 amounted to NOK 3 818 (2 527) million.
Increases in equity and non-current liabilities in the second quarter of 2023 compared to the second quarter of 2022 is mainly driven by the NOK 500 million (gross) equity and NOK 800 million (gross) convertible bond private placements in March 2023.
Hexagon Purus’ order backlog, consisting of firm customer purchase orders, stood at approximately NOK 1.4 billion as of the second quarter of 2023, providing satisfactory revenue visibility for the Company’s full-year 2023 revenue target and increasing visibility for 2024 revenue.

Hexagon Purus receives order from a large European OEM to deliver mobile 700 bar hydrogen refueling station

Retrieved on:

Friday, July 14, 2023

Hexagon, OEM, European, Hydrogen, Jet fuel, Transport, Mark Wystrach

(Oslo, 14 July 2023) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has received an order from a large European OEM to develop and deliver the next generation mobile hydrogen refueling station for 700 bar commercial vehicles.

Key Points:

(Oslo, 14 July 2023) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has received an order from a large European OEM to develop and deliver the next generation mobile hydrogen refueling station for 700 bar commercial vehicles.
The OEM intends to integrate the Hexagon Purus’ mobile hydrogen refueling station to demonstrate and verify hydrogen energy supply to commercial vehicles.
“Development of the next generation 700 bar mobile refueler will help to drive increased adoption of hydrogen within commercial vehicles and equipment”, says Matthias Kötter, Managing Director of Wystrach.
“Our next generation mobile hydrogen refueler is easy to install and relocate, coupled with a robust concept that ensures high availability during operation.”

Hexagon strengthens European footprint opens new commercial center in Munich with focus on in-market OEM Tier 1 support

Retrieved on:

Friday, November 5, 2021

Replicating the success of Hexagons U.S. commercial hub in Salisbury, NC this new European counterpart is tactically located in the proverbial back yard of Hexagons European OEM customers.

Key Points:

Replicating the success of Hexagons U.S. commercial hub in Salisbury, NC this new European counterpart is tactically located in the proverbial back yard of Hexagons European OEM customers.
The purpose of the center is to further enhance customer intimacy with in-market resources in the areas of application engineering and aftermarket support.
Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions.
Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications.

Freshly names former Amazon executive Anna Fabrega as Chief Executive Officer

Retrieved on:

Tuesday, October 12, 2021

CEO, Microsoft, 7-Eleven, Eating, Chief executive officer, Food, Mark Wystrach, Amazon Go, Management

NEW YORK, Oct.12, 2021 /PRNewswire/ -- Freshly Inc., the leading fresh-prepared meal delivery service in the U.S., today announced that Anna Fabrega, Freshly's Chief Commercialization Officer, has been named CEO effective today.

Key Points:

NEW YORK, Oct.12, 2021 /PRNewswire/ -- Freshly Inc., the leading fresh-prepared meal delivery service in the U.S., today announced that Anna Fabrega, Freshly's Chief Commercialization Officer, has been named CEO effective today.
Fabrega joined Freshly in January as Chief Commercialization Officer to lead Marketing, Brand, Menu Development, Customer Experience and Sales.
At Amazon, Fabrega led the Amazon Go Just Walk Out brick-and-mortar stores and Amazon Kitchen private label fresh foods businesses.
Fabrega will report to Steve Presley, Chairman & CEO of Nestl USA, which acquired Freshly in 2020.

Freshly Inc. Grows Southeast Operations With New Georgia Facility

Retrieved on:

Wednesday, February 10, 2021

Freshly, Online food ordering, Linden, Phoenix, Mark Wystrach

The 134,000 square foot facility will be Freshly's largest dedicated order-assembly facility to date and will begin operating in mid-February.

Key Points:

The 134,000 square foot facility will be Freshly's largest dedicated order-assembly facility to date and will begin operating in mid-February.
We joined the Nestl USA family, expanded West Coast operations, and launched Freshly Fit , to name a few major milestones," said Mike Wystrach, Freshly Founder and CEO.
In addition to the Austell, Georgia facility, Freshly also has facilities in Commerce, California, Linden, New Jersey; Savage, Maryland; and Phoenix, Arizona.
Headquartered in New York, Freshly has operations in Phoenix, Arizona; Linden, New Jersey; Savage, Maryland; Austell, Georgia; and Commerce, California.