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Hyliion Announces USX-1 Defiant USV as the Launch Platform for KARNO™ Core Sea Trials

Business

Hyliion Announces USX-1 Defiant USV as the Launch Platform for KARNO™ Core Sea Trials
Business

Business

Hyliion Announces USX-1 Defiant USV as the Launch Platform for KARNO™ Core Sea Trials

2026-05-19 20:30 Last Updated At:21:01

AUSTIN, Texas--(BUSINESS WIRE)--May 19, 2026--

Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of modular power plant technology, today announced that the U.S. Navy’s Office of Naval Research (ONR), in partnership with the Defense Advanced Research Projects Agency (DARPA), has selected the USX-1 Defiant as a candidate test vessel for Hyliion’s KARNO technology. Initial sea trials are funded under a development program from the Office of Naval Research (ONR) to advance the use of KARNO Cores for onboard power generation in U.S. Navy vessels.

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For the USX-1 Defiant sea trials, Hyliion will deliver a drop-in 800 KW power system consisting of four 200 KW KARNO Cores in a keel cooled configuration. The modular architecture is designed to demonstrate reliable, low-maintenance power generation for an unmanned vessel, where onboard servicing is not available. Trials are aimed at highlighting KARNO technology’s inherent scalability and redundancy, with power units that can be distributed across the ship to support mission reliability.

The USX-1 Defiant was developed under DARPA’s No Manning Required Ship (NOMARS) program, which challenged the traditional naval architecture model by designing a seaframe (the ship without mission systems) from the ground up with no provision, allowance, or expectation for humans on board. The program is part of a broader effort to modernize the U.S. Navy and optimize surface platforms for autonomous operation, enabling simpler hull designs, improved reliability and survivability, and increased flexibility in payload and power system integration. Measuring about 180 feet in length with a displacement of about 240 metric tons, USX-1 Defiant is designed for long duration autonomous operation in the open ocean, independently, or alongside other naval assets. The vessel is designed and developed by Serco-North America as a full-scale technology demonstrator and is currently undergoing sea trials.

USX-1 Defiant represents a fundamental shift in how naval platforms are designed, powered, and operated,” said Thomas Healy, Founder and Chief Executive Officer of Hyliion. “As the Navy moves toward unmanned surface vessels, power systems must be efficient, resilient, and capable of operating without human intervention. Our KARNO technology excels in these parameters, and we view USX-1 Defiant as the first of hopefully many naval platforms to be powered by this technology.”

Hyliion’s KARNO Core is a heat powered linear generator designed for high modularity, efficiency, and low maintenance operation, making it well suited for unmanned maritime platforms. For the U.S. Navy deployment, the KARNO Cores will operate on F-76 marine diesel and to demonstrate its ability to supply onboard power for extended durations with a low thermal and acoustic footprint. The KARNO Core generates direct current (DC) power output at 800Vdc enabling direct integration into modern ship electrical architectures. The KARNO technology is currently undergoing land-based testing and development using simulated U.S. Navy load profiles.

The views expressed are those of the author and do not reflect the official policy or position of the Department of War or the U.S. Government.

About Hyliion

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNO Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine vessels. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage Company with a history of losses; our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business, and the other risks and uncertainties described under the heading “Risk Factors” in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2026 for the year ended December 31, 2025. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.

Hyliion Announces USX-1 Defiant USV as the Launch Platform for KARNO™ Core Sea Trials

Hyliion Announces USX-1 Defiant USV as the Launch Platform for KARNO™ Core Sea Trials

DETROIT (AP) — Former Detroit Mayor Mike Duggan said Thursday that he is suspending his campaign for Michigan governor citing an increasingly “toxic” political climate due to President Donald Trump's war with Iran and skyrocketing gas prices.

Duggan, a longtime Democrat, was running as an independent to replace Democratic Gov. Gretchen Whitmer who can't run again due to term limits. He told The Associated Press that it was going to be “very hard to win” as the Democrats who would have supported him are galvanizing against what's going on in Washington.

“Democrat anger against Trump and Republicans is extremely high,” Duggan said. “In 60 days there’s been a huge change in the attitudes of this country. People are feeling the pain at the pump and are angry about it.”

An independent has never served as Michigan governor and third-party candidates typically don’t fare well in elections for the state’s top seat. To Duggan, who shunned partisan fighting while choosing to run as an independent, it was clear the odds were stacking against his campaign.

“As long as I knew there was a path for victory, I was going to fight,” he said. “I don’t see a likely path to win.”

Since the beginning of the war with Iran in late February, oil prices have spiked more than 50%. As of Thursday, the price of regular unleaded gas in Michigan averaged $4.74 per gallon, according to AAA Michigan. That's above the $4.56 national average. A year ago, the average in Michigan was $3.13. Nationally, it was $3.18.

Trump repeatedly has said gas prices will go down once the war ends without acknowledging when that might happen.

Nationally, Trump’s approval rating on the economy has dropped slightly since the start of the Iran war, according to AP-NORC polling. A recent AP-NORC poll conducted in May found that even Republicans are unhappier with Trump’s handling of the economy than they were a few months ago, even as they’re largely continuing to stand behind him. About 6 in 10 Republicans approve of how Trump is handling the economy, down from about 8 in 10 before the war began.

Duggan believed he was trailing Democratic Secretary of State Jocelyn Benson and Republican U.S. Rep. John James in the governor’s race. Genesee County Sheriff Chris Swanson also is running as a Democrat, while millionaire businessman Perry Johnson is running as a Republican.

Michigan’s primary election will be held Aug. 4, while the general election is Nov. 3.

In December 2024, Duggan announced his pursuit of the state's top office surprising many when he also said he'd choose the independent route instead of sticking with the Democratic Party.

Duggan told The AP at that time that he wanted to offer Michigan voters “a choice.”

“It’s clear to me that there are a lot of people in this country who are tired of both parties and tired of the system,” Duggan said then. “You have a (state) legislature that’s almost evenly divided that makes the stakes of each issue become magnified. It has gotten harder and harder to address things as the partisan climate has gotten more toxic.”

His decision to run as an independent came as Michigan was one of a handful of swing states that helped Trump in November 2024 win a second term in the White House.

“I’ve done everything I know how to do for almost a year and a half,” Duggan said Thursday. “You could feel the mood of this state wanting the toxic partisanship to end. They wanted the parties to work together.”

Duggan spent a dozen years as Detroit mayor. He first was elected in November 2013 as the city was going through its painful and historic bankruptcy while being run by a state-appointed emergency manager. The former county prosecutor and medical center executive became Detroit's first white mayor since Coleman A. Young was elected in the early 1970s as its first Black mayor.

Duggan is credited by many for leading Detroit after it emerged in December 2014 from bankruptcy to become a thriving, more vibrant city.

The city with a Black population hovering around 80% reelected Duggan twice. He announced in November 2024 that he would not seek a fourth term. He left the mayor’s office in January.

Duggan, who had been a Democrat for close to 40 years in a largely Democrat voting city, was targeted throughout the campaign by his former party, with many worried he would pull votes away from the Democratic Party's nominee.

“I was running to change politics, not to be a spoiler,” he said Thursday.

Michigan Democratic Party Chair Curtis Hertel said Thursday in a statement that there were “disagreements” with Duggan.

“The mayor brought crucial ideas to this race and we appreciate his commitment to bringing people together,” Hertel said. “As we look ahead, we welcome Mayor Duggan’s supporters into our growing coalition as we work to elect a Democratic governor this November who will continue to move Michigan forward.”

Following Duggan's announcement that he would run for governor, Republican and former Michigan Lt. Gov. Brian Calley said on X that Duggan checked the boxes of being a “credible, independent candidate with the ability to raise money.”

“But there are huge advantages of having a political party behind you,” Calley wrote. “And being a target of the left and the right will be intense.”

FILE - Detroit Mayor Mike Duggan is interviewed, Dec. 3, 2024, in Detroit. (AP Photo/Carlos Osorio, File)

FILE - Detroit Mayor Mike Duggan is interviewed, Dec. 3, 2024, in Detroit. (AP Photo/Carlos Osorio, File)

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