HyOrc Welcomes Andrea Magalini to its Board of Directors
HyOrc Corporation (OTC: ASPZ), a clean energy technology company at the forefront of green methanol production and hydrogen combustion systems, is excited to announce the appointment of Andrea Magalini as a Non-Executive Director on its Board of Directors. This significant addition to the leadership team comes at a pivotal moment for HyOrc, as the company gears up for the next phase of commercialization.
Andrea Magalini: A Valuable Asset for HyOrc
Andrea Magalini brings a wealth of experience and expertise to HyOrc. His impressive track record in the OEM landscape, along with an extensive background in industrial product commercialization, positions him as an essential contributor to the firm's goals. Previously serving as the General Manager of the heat generation business unit at Turboden, a division of Mitsubishi Heavy Industries, Andrea has led global sales strategies and strategic initiatives throughout his career.
James McNaught-Davis, Chairman of HyOrc, expressed enthusiasm about Andrea's appointment, noting, “We are thrilled to welcome Andrea to the Board. His extensive background in scaling clean technologies will be invaluable as we prepare for the ramp-up of our manufacturing processes and the global deployment of our solutions.”
Achieving Key ISO Certifications
In addition to enhancing its leadership team, HyOrc has reached a significant milestone by obtaining ISO certification for its research and development and manufacturing operations. These certifications, including:
- ISO 9001:2015 – Quality Management Systems
- ISO 14001:2015 – Environmental Management Systems
- ISO 45001:2015 – Occupational Health and Safety Management Systems
represent a critical affirmation of HyOrc’s commitment to operational excellence, environmental sustainability, and the health and safety of its workforce. These standards are essential to the company’s strategic partnerships with customers and institutional investors.
Expanding Global IP with Innovative Developments
HyOrc has also made strides in innovation by filing a PCT application for its vertical combustor, significantly broadening global intellectual property coverage for its patented hydrogen engine platform. This advancement is crucial for HyOrc's diverse portfolio, which includes locomotive applications, pay-as-you-go (PAYG) power solutions, and state-of-the-art green methanol systems. These technologies enable high-efficiency, multi-fuel energy solutions across various sectors.
About HyOrc Corporation
HyOrc Corporation (OTC: ASPZ) is dedicated to developing and commercializing advanced waste-to-methanol systems, as well as hydrogen combustion engines tailored for industries such as rail, maritime, and distributed power solutions. With a growing patent portfolio and stringent ISO-certified operations, HyOrc seeks to decarbonize hard-to-abate sectors efficiently, without relying on subsidies.
Currently, HyOrc has 728.19 million shares issued and outstanding, with 26.30 million shares at DTC.
Contact Information
For further inquiries, please reach out to:
Laura Donohoe
Investor Relations
Email: laura@hyorc.com
Website: www.hyorc.com
Frequently Asked Questions
What is HyOrc Corporation's primary focus?
HyOrc Corporation specializes in advanced green methanol production systems and hydrogen combustion technologies, focusing on clean energy solutions.
Who is Andrea Magalini?
Andrea Magalini is a seasoned expert in OEM leadership and industrial commercialization, recently appointed to HyOrc's Board of Directors.
What ISO certifications has HyOrc achieved?
HyOrc has achieved ISO 9001:2015, ISO 14001:2015, and ISO 45001:2015 certifications, reinforcing its commitment to quality and sustainability.
What recent innovation has HyOrc announced?
HyOrc has filed a PCT application for its vertical combustor, expanding its global intellectual property for its hydrogen engine platform.
How many shares does HyOrc have outstanding?
HyOrc has 728.19 million shares issued and outstanding, with 26.30 million shares available at DTC.
