"Jim has been commuting between U.S. and Canada for the past four years, and we support his decision to relocate permanently back to the U.S.," said Raveel Afzaal, President and CEO of Next Hydrogen. "Drawing on his extensive background in the automotive and aerospace sectors, Jim played a pivotal role in introducing lean processes and disciplined manufacturing practices at Next Hydrogen. We are grateful for his significant contributions and wish him continued success in this next chapter." MISSISSAUGA, Ont ...

In addition, to better understand our achievements from 2024 and the outlook for 2025, please refer to the CEO letter included in the 2024 year-end MD&A. About Next Hydrogen MISSISSAUGA, Ontario, May 15, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the "Company" or "Next Hydrogen") (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to report its financial results for the three-month period ended March 31, 2025. "The value proposition offered by our unique water electro ...

Core Insights - Next Hydrogen Solutions Inc. has secured a $5 million working capital debt facility from Export Development Canada (EDC) to support its growth opportunities in the green hydrogen sector [1][2]. Company Overview - Next Hydrogen Solutions Inc. was founded in 2007 and specializes in designing and manufacturing innovative water electrolyzers that generate clean hydrogen for green energy and industrial applications [3]. - The company holds 40 patents for its unique cell design architecture, which allows for high current density operations and efficient conversion of intermittent renewable electricity into green hydrogen [3]. Industry Context - The global push for hydrogen economy growth is supported by policies from 75% of the world's GDP, indicating a significant market opportunity for companies like Next Hydrogen [2]. - EDC's support is seen as a strategic relationship that can position Next Hydrogen as a leader in Canadian innovation on the global stage [2].