Hexagon Purus joins forces with BMW, Bosch and TesTneT on project "FlatHyStor" to research innovative hydrogen storage system solutions for hydrogen-powered vehicles

BMW AG, Robert Bosch GmbH, TesTneT Engineering GmbH and Hexagon Purus are
working together in research and advanced development of an innovative hydrogen
storage system solution for future fuel cell passenger cars.

The project called FlatHyStor - "Functional design and testing of an innovative
hydrogen tank system" - with a total project budget of 6 million EUR has been
granted funding by the German BMWi (Federal Ministry for Economic Affairs and
Energy). The aim of the project is to develop an advanced hydrogen storage
system solution for the flat space of light-duty car underbodies that are
usually intended for the integration of the battery modules in Battery Electric
Vehicles (BEVs).

The consortium is led by BMW AG, the German multinational manufacturer of
premium automobiles, who will coordinate the different activities and provide
the technical specifications for the storage system integration and application.
Hexagon Purus will develop the high-pressure hydrogen cylinders as well as the
corresponding vehicle integration structure. Robert Bosch GmbH will develop the
advanced tank valve and high-pressure regulator technology and TesTneT
Engineering GmbH will deliver the validation of the storage components according
to the latest codes and standard evolutions.

"We are excited to participate in this project with BMW, Bosch and TesTneT. This
cooperation confirms our leading position as a Type 4 high-pressure cylinder
manufacturer and as a Tier 1 supplier of complete system solutions to OEM
customers," says Michael Kleschinski, Executive Vice President LDC, Hexagon
Purus.

The first prototypes of the 700 bar high-pressure storage systems are due to be
delivered by the end of 2022.


For more information:

Mathias Meidell, IR Director, Hexagon Purus
Telephone: +47?909 82 242 | mathias.meidell@hexagongroup.com
(mailto:mathias.meidell@hexagongroup.com)

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
(mailto:karen.romer@hexagongroup.com)


About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen type 4 high-pressure cylinders, battery packs and vehicle
systems integration for fuel cell electric and battery electric vehicles.
Hexagon Purus  enables zero emission solutions for light, medium and heavy-duty
vehicles,  buses, ground storage, distribution, maritime, rail and aerospace.
Learn more at www.hexagonpurus.com.