Mr. Raveel Afzaal reports

NEXT HYDROGEN RECIPIENT OF FUNDING FOR TECHNOLOGY DEVELOPMENT

Next Hydrogen Solutions Inc. is receiving advisory services and up to $750,000 in research and development funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) toward the development and demonstration of the company's next-generation products.

"We are very grateful for NRC IRAP's support of our key development initiatives," said Raveel Afzaal, president and chief executive officer of Next Hydrogen. "We are making impressive gains on both cell performance and cost reduction initiatives and appreciate the government's support in accelerating our product road map and our mission of driving widespread adoption of green hydrogen solutions to decarbonize the global economy."

About Next Hydrogen Solutions Inc.

Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source or an industrial feedstock. Next Hydrogen's unique cell design architecture, supported by 40 patents, enables high-current density operation and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.

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