$RONN - Mr. Ronn Ford, CEO of RONN INC., recently revealed ongoing discussions aimed at establishing hydrogen production hubs utilizing HES's proprietary electrolyzers and storage systems. Initially targeting the development of ten hubs, these discussions have expanded to explore the establishment of over 50 hydrogen systems in the coming years. Mr. Ford expressed optimism about the negotiations, noting that RONN has been requested to submit a proposal regarding a potential share exchange for a portion of the project, which could enhance value for both organizations.
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