First Hydrogen Signs LOI to Acquire 60% of Exodus Actuation Solutions for Robotics Technology
INDUSTRIAL IOTHYDROGENROBOTICS
First Hydrogen Corp. has entered a binding Letter of Intent (LOI) to acquire a 60% stake in Exodus Actuation Solutions, which holds 25 patents in robotics technology. The acquisition will involve issuing 2 million common shares and funding $2 million for technology advancement. This partnership aims to integrate advanced robotics and actuators into electric vehicles and renewable energy applications, enhancing automation and efficiency.

Feb 24, 2026, 12:53 PM