HONG KONG, May 7, 2025 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated first quarterly results for the three months ended March 31, 2025, after the Hong Kong market closes on Tuesday, May 27, 2025.
The Company’s management will host a conference call on Tuesday, May 27, 2025, at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.
Participants are required to pre-register for the conference call at:
Participants can choose between the Chinese and English simultaneous interpretation options for pre-registration above. Please note that the English simultaneous interpretation option will be in listen-only mode. Upon registration, participants will receive an email containing conference call dial-in details, event passcode, and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Additionally, live, and archived webcasts of the conference call, for both Chinese and English simultaneous interpretation, will be available on the Company’s investor relations website at https://ir.kuaishou.com.
Replays of the conference call will be available until June 3, 2025 via the following dial-in details:
Dial-in Numbers
Mainland China:
400 1209 216
Hong Kong:
800 930 639
US/Canada:
1855 883 1031
Chinese conference ID:
10046720
English simultaneous interpretation conference ID:
10046718
About Kuaishou
Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more. For more information, please visit https://ir.kuaishou.com.
PARIS, FRANCE – Media OutReach Newswire – 7 May 2025 – INIU has expanded its partnership with France’s leading electronics retailer Boulanger, making its latest innovations—MagPro Slim 5K/10K, Pocket Pro 10K 45W, and Leopard Magnetic Cable 100W—available in stores and online.
“We’re thrilled to bring INIU’s most advanced charging innovations to even more French consumers through our expanded partnership with Boulanger,” said Victor Rosière, Sales Director France at INIU. “This is a key milestone in our commitment to make next-gen power solutions accessible and stylish.”
A Perfect Blend of Power and Portability: INIU MagPro Slim 5K/10K
The MagPro Slim series redefines mobile charging with its ultra-slim profile and fast power. The 5K model is just 0.9cm thin, delivering 15W Qi2 wireless charging (iPhone 16 to 40% in 25 minutes) and 20W PD wired charging. A foldable stand adds hands-free convenience anywhere.
For more juice, the 10K model brings larger capacity with upgraded 45W PD fast charging (iPhone 16 to 51% in 22 minutes).It can power three devices simultaneously, making it a perfect match for your entire Apple lineup.
Ultra-Portable with 45W Fast Charging: Pocket Pro 10K 45W
As the smallest 10,000mAh 45W power bank on the market—just one-third the size of a phone—the Pocket Pro is effortlessly portable yet impressively powerful. It features a built-in USB-C cable and handy strap for easy bag attachment, while supporting dual-device fast charging. Power your iPhone 16 to 60% in just 25 minutes. Compatible with a wide range of devices, including iPads and AirPods, it intelligently adjusts output to protect smaller batteries—keeping you powered and connected, hassle-free, wherever you go.
Power and Order, Redefined: Leopard Magnetic Cable 100W
The Leopard Magnetic Cable 100W blends fast power and organization. Supporting 100W PD fast charging, it boosts MacBook Pro battery 60% in 45 minutes. Its magnetic auto-winding design keeps it tangle-free, while FLYWEAVE nylon and Emarker chip ensure durability and safe power delivery.
Hashtag: #INIU
The issuer is solely responsible for the content of this announcement.
About INIU
Founded in 2017, INIU is a leading innovator in power solutions, serving over 40 million users in 174 countries. Honored with iF Design, Red Dot, and CES Innovation Awards, INIU integrates innovations like TinyCell and HyperStack—making products 25% smaller, 15% lighter, and 10% more efficient than others.
The MICHELIN Guide announced its expansion to three additional destinations for the upcoming 2025 Taiwan selection
TAIPEI, May 7, 2025 /PRNewswire/ — After its debut in Taipei in 2018, and progressive expansions to Taichung in 2020, and Tainan and Kaohsiung in 2022, the MICHELIN Guide announced that it will expand further to include three more Taiwanese gastronomic destinations – New Taipei City, Hsinchu County, and Hsinchu City – in its scope. The upcoming 2025 MICHELIN Guide Taiwan restaurant selection will be revealed later this year, and it will now cover a total of seven destinations – Taipei, Taichung, Tainan, Kaohsiung, along with newly added New Taipei City, Hsinchu County, and Hsinchu City.
The MICHELIN Guide expands to three new destinations in Taiwan – New Taipei City, Hsinchu County, Hsinchu City
Gwendal Poullennec, International Director of the MICHELIN Guide shared: “We are thrilled to explore the beauty and culinary diversity of New Taipei City, Hsinchu City, and Hsinchu County in our Taiwan 2025 Selection. Since the launch of the MICHELIN Guide in Taiwan in 2018, we have gradually expanded from Taipei to include Taichung, Tainan, and Kaohsiung. Now in its eighth year, this marks the third round of expansions in Taiwan, and we are delighted to continue our journey in Taiwan.”
“These destinations offer a unique blend of tradition and innovation, from vibrant seafood scenes to rich cultural heritage. Our inspection team is eager to uncover more gastronomic treasures of northern Taiwan, celebrating the dynamic flavors and experiences that make this region a must-visit destination. We can’t wait to share these discoveries with the world,” added Gwendal Poullennec.
New Taipei City, encircling Taipei, is part of the Greater Taipei metropolitan area. Less than 60km from central Taipei, it has a vast territory with varied topography and historical background, and it is a heaven for seafood enthusiasts and adventurers, as it boasts a vibrant culinary scene with seafood specialties, mountain delicacies, and traditional small eats.
Although they share the same name – Hsinchu – Hsinchu County and Hsinchu City are two different cities with different vibes and distinct personalities. As the heartland of the Hakka group, Hsinchu County offers a rich blend of natural beauty and cultural heritage. This area has preserved many unique Hakka ancient houses, hence offering traditional Hakka dishes and seasonal treats. Other dishes such as rice noodles and Hakka savory dumplings also showcase the rich snack culture.
On the other hand, Hsinchu City is a well-developed urban area but rich in cultural heritage and temples, and surrounded by diverse local small eateries, offering a unique ambiance with a fusion of technology and culture.
Taiwan Tourism Administration, MOTC, Director General Chou Yung-Hui stated, “The announcement of new cities has once again expanded the culinary map of the MICHELIN Guide Taiwan. This not only showcases the vitality and local culinary culture of different cities but also highlights their unique charm. Furthermore, the recognition of the diverse flavors and characteristics of the local cuisine in these three newly added cities, will inject new energy and vitality into Taiwan’s food and tourism industries.”
“We sincerely invite global travelers to explore Taiwan in depth, enjoying the marvelous transition from the azure ocean to majestic mountains within a single day, while savoring the delicious blend of creativity and tradition. Let every journey be filled with surprises and endless possibilities. In 2025, come and experience the MICHELIN Guide recommendations of Taiwan’s seven major cities!” Director General Chou Yung-Hui added.
With the inclusion of three additional cities, the highly anticipated 2025 MICHELIN Guide Taiwan restaurant selection will continue to celebrate the diversity and richness of cuisines in Taiwan.
The MICHELIN Guide Methodology
Created in 1900 by the Michelin tire company, the MICHELIN Guide supports automobile mobility and highlights world culinary scenes. It guides international travelers and local foodies to the best restaurants, promoting travel culture.
The selection follows MICHELIN Guide’s method based on five universal criteria:
Quality of the ingredients
Mastery of cooking techniques
Harmony of flavors
Personality of the cuisine
Consistency both over time and through the menu as a whole
The MICHELIN Guide Restaurant Selection
The MICHELIN Guide awards distinctions to special restaurants within its selection – One MICHELIN Star: “High-quality cooking worth a stop”, Two MICHELIN Stars: “Excellent cooking worth a detour”, and Three MICHELIN Stars: “Exceptional cuisine worth a special journey”.
Additionally, the Bib Gourmand category recognizes restaurants offering good quality food at moderate prices.
The MICHELIN Guide is committed to maintaining the highest global standards in its restaurant selection process. Our team of anonymous and expert inspectors conduct continuous and rigorous evaluations of restaurants. These evaluations are carried out objectively and independently, ensuring that external factors do not influence the results. This dedication to impartiality and excellence guarantees that only the outstanding dining establishments are recognized.
Laos is ready to roll out a nationwide digital ID card system as part of its broader effort to modernize public services.
The recent announcement, published on the Department of Mass Media’s official Facebook page on 7 May, confirmed that Laos is ready to take the project to the next stage. While the exact timeline for implementation has not yet been disclosed, the ministry emphasized its commitment to moving forward with the initiative.
The initiative will establish a centralized database and modern infrastructure for securely managing citizens’ personal information.
The goal is to create a robust digital identity system while strengthening the technical capabilities of the civil servants responsible for its implementation.
Once in place, the system will streamline public services and introduce advanced technologies into government operations, making everyday interactions more efficient for citizens across the country.
The digital ID project officially launched in July 2024 during a high-level meeting between the President of Laos, Thongloun Sisoulith, and the then-President of Vietnam, To Lam, held in conjunction with Laos’ ASEAN Chairmanship.
MUMBAI, INDIA – Media OutReach Newswire – 7 May 2025 – Through the Memorandum of Understanding (MoU), leading global logistics service provider, the Rhenus Group, will operate barge services in various National Waterways in India. In the first phase, Rhenus will introduce push boats and 20 flat bottom barges from Germany with a capacity of 400 tonnes, which can be combined to transport up to 1,200 tonnes per trip. As demand grows, Rhenus India will scale its fleet to 100 barges and expand its corridors across the Indian subcontinent. The partnership with IWAI aims to contribute towards building a resilient multi-modal logistics ecosystem in India, with the eventual goal of carrying over a million tonnes of cargo per year by 2025.
The MoU was signed at the IWAI office on 5 May 2025 and the formal exchange of the MoU took place in the presence of the Hon’ble Minister for Ports, Shipping and Waterways, Government of India, Shri Sarbananda Sonowal on 6 May 2025. The Minister’s presence underscored the government’s strong commitment to strengthening inland waterways as a key pillar of India’s logistics ecosystem. Rhenus is proud to support India’s Maritime Amrit Kaal Vision 2047 and lead the way in shaping the future of sustainable logistics and contribute to India’s logistics transformation.
With over 14,500 kilometers of navigable waterways, including 111 National Waterways, India’s Inland Water Transport (IWT) sector, which is governed by IWAI, has seen significant growth. Cargo volumes have increased from 30 million metric tonnes per annum (MMTPA) in 2014 to 133 MMTPA in 2024.
Rhenus India will introduce its Inland Waterways Transport solutions: barge scheduled services that will facilitate cargo transport on two Indian rivers, the Ganga River and the Brahmaputra River. These sustainable and cost-effective logistics solutions will allow for seamless cargo movements across India and beyond. In this venture, Rhenus is expanding its existing expertise for port operation and inland navigation from Europe to India.
To start, Rhenus India intends to operate barge services on National Waterways NW-1, NW-2, NW-16 and the Indo-Bangladesh Protocol route (IBP), with plans to gradually scale up to include other national waterways in the country. A combination of pushers and barges, to suit low-draft navigation in the waterways, will be used to transport both Bulk and Break-Bulk cargo across North & East India, North-East India, and subsequently neighbouring countries. With 1,000 vessels in operations daily on all navigable waterways in Europe, Rhenus will now tap into its Port Logistics experience, in particular in European inland navigation, as well as resources from its European Waterways fleet to further support India’s IWT sector.
In Europe, Rhenus has been active in the inland navigation sector since its foundation year 1912. With barge shipping as its core competency, the Rhenus Group built its company and service portfolio around its logistics activities along the Rhine River and diversified them to include air and ocean freight, warehousing, road freight as well as rail, over time, becoming a worldwide logistics solutions provider.
Vivek Arya, CEO of Rhenus Logistics India & Global CEO of Rhenus Warehousing Solutions Intercontinental, said, “With over 100 years of dedicated expertise in inland waterway operations across Europe, Rhenus is excited to partner with IWAI in this transformative journey to create a smarter, greener and more economical logistics network. Recognizing the immense potential of India’s inland waterways, we are committed to adapt our best practices to suit the Indian environment and contribute towards seamless waterway movement through our innovative solutions.”
Michael de Reese, Division Head of Rhenus Port Logistics, added, “Inland navigation is the backbone of the producing economy in Germany as well as in Europe. With our expertise and our broad experience in mastering challenges such as infrastructure construction, varying water levels and the training of a reliable expert workforce, we can support the growing Indian economy together with the IWAI.”
Hashtag: #Rhenus
The issuer is solely responsible for the content of this announcement.
About Rhenus
The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.
SpreeAI celebrates a $1.5 billion valuation as it prepares for groundbreaking partnerships and game-changing innovation.
NEW YORK, May 7, 2025 /PRNewswire/ — SpreeAI, a leader in fashion tech innovation, is transforming retail with its photorealistic try-on product so lifelike the naked eye can’t tell it’s virtual. Combined with sizing technology boasting 99% accuracy, SpreeAI delivers hyper-personalized shopping experiences that enhance both retail companies’ operations and consumers’ satisfaction. Designed for seamless use both in-store and online, SpreeAI is reshaping shopping by merging advanced AI with real-world applications.
For consumers, SpreeAI adds an unparalleled level of personalization, allowing shoppers to become the model and visualize clothing in a lifelike, photorealistic way. Packed with upcoming features like an AI stylist, a virtual wardrobe, and more, SpreeAI creates a dynamic and engaging shopping experience. For retailers, SpreeAI is engineered to reduce returns and boost sales conversions, offering a transformative solution for the fashion industry.
Visionary Leadership Drives $1.5B Valuation
Led by visionary Co-founder and CEO John Imah, SpreeAI’s board is bolstered by legendary supermodel and fashion icon Naomi Campbell, alongside entrepreneurs Bob Davidson and Larry Ruvo. Having one of the world’s most recognized fashion figures on the board underscores SpreeAI’s fusion of high-fashion insight with cutting-edge tech. The company recently achieved a $1.5 billion valuation after an undisclosed funding round led by The Davidson Group, a prominent family office known for supporting groundbreaking ventures. This milestone valuation reflects the market’s confidence in SpreeAI’s mission and its rapid growth at the intersection of technology and style.
“It’s inspiring to be part of SpreeAI’s transformative journey under John’s visionary leadership. I’ve always believed in pushing boundaries and embracing innovation, and seeing John’s passion and determination firsthand makes me even more excited about the future we’re creating together. SpreeAI represents the powerful fusion of fashion, technology, and inclusivity—and I’m thrilled to be on this groundbreaking path.”
— Naomi Campbell, Fashion Icon and SpreeAI Board Member
Academic and Industry Alliances Fuel Innovation
Exclusive collaborations with the Massachusetts Institute of Technology (MIT) and Carnegie Mellon University across research initiatives, talent development, and technical collaboration drive SpreeAI’s deep commitment to innovation. Additionally, SpreeAI’s partnership with the Council of Fashion Designers of America (CFDA) further solidifies its intersection between advanced technology and high-fashion expertise. These prestigious alliances enable the company to lead the industry with unmatched solutions. With 4 issued patents and 23 pending, SpreeAI safeguards its proprietary technology, ensuring its position as a frontrunner in the competitive retail tech market. This foundation of innovation is further supported by internal initiatives like Protea—a platform that helps retail partners integrate and test SpreeAI’s solutions—empowering brands to enhance operational efficiency and customer experiences.
“The CFDA is proud to collaborate with SpreeAI, a fashion technology leader delivering innovative solutions to help designers and brands thrive in the fashion industry.”
— Steven Kolb, CEO, Council of Fashion Designers of America (CFDA)
“SpreeAI’s partnership with the EECS Alliance exemplifies the kind of forward-thinking collaboration we strive for—bringing together industry innovation and academic excellence. Their active involvement, including providing impactful internship opportunities, has opened up exciting pathways for our students while supporting research and real-world application in the AI space. We’re proud to support SpreeAI as they continue to grow and lead in this evolving field.”
— Priscilla Capistrano, Program Manager at Massachusetts Institute of Technology (MIT)
“AI is poised to revolutionize many things including e-commerce. SpreeAI is pushing the forefront of this for a truly personalized garment-shopping experience, by leveraging collaborations with academia and assembling a team that understands both the deep technical challenges and their product impact.”
— Professor Deva Ramanan, Robotics Institute at Carnegie Mellon University (CMU)
Fashion Collaborations & Met Gala Spotlight
2025 is set to be a transformative year for SpreeAI, with major retail and luxury brand partnerships and new product features on the horizon. As part of this momentum, SpreeAI is announcing new partnerships with luxury fashion label Sergio Hudson and London-based contemporary womenswear brand Kai Collective. The timing of these collaborations coincides with a cultural moment: the 2025 Met Gala’s theme, “Superfine: Tailoring Black Style,” which honors Black designers. Both Sergio Hudson and Kai Collective’s founder Fisayo Longe are celebrated Black designers at the forefront of fashion innovation. John Imah will attend the Met Gala as the first-ever fashion tech in AI startup CEO invited, underscoring SpreeAI’s prominent role in the fashion world and its commitment to celebrating the creative visionaries who inspire its technology.
You can now experience SpreeAI’s technology firsthand by visiting Sergio Hudson’s website at sergiohudson.com.
“We’re thrilled to partner with SpreeAI and aim to create a personalized experience for Sergio Hudson and drive increased sales.”
— Sergio Hudson, Founder & Creative Director
“At Kai Collective, we’re always looking for ways to fuse innovation with storytelling. Collaborating with SpreeAI allows us to explore how technology can elevate the customer experience while staying true to our brand’s identity and values.”
— Fisayo Longe, Founder & CEO of Kai Collective
These designer partnerships exemplify how SpreeAI’s technology unites with creative vision to redefine customer engagement. And SpreeAI isn’t stopping here – the company has hinted that even more collaborations with major luxury fashion houses are on the way. By keeping details under wraps, SpreeAI is fueling a buzz of excitement and industry-wide anticipation for what’s coming next.
“Our approach will always be customer-focused—that means both the retail partners and the consumers we serve,” said John Imah, Co-founder and CEO of SpreeAI. “We don’t just look at the shopping landscape; we reimagine it. Whether it’s in-store or online, we step back and ask how AI can transform real-world challenges into seamless, exciting experiences. This mindset drives us forward as we continue shaping the future of retail and fashion with AI, blending innovation with personalization to empower and inspire. The possibilities are limitless, and we’re just getting started.”
SpreeAI is transforming the shopping experience with its photorealistic try-on product and 99%-accurate sizing technology, designed to enhance both retail operations and consumer satisfaction. For shoppers, SpreeAI offers unmatched personalization, enabling them to become the model while introducing features like an AI stylist, a virtual wardrobe, and more. For retailers, SpreeAI reduces returns, increases sales conversions, and creates seamless shopping experiences. Its product integrates effortlessly into both in-store and online environments, promoting sustainability and setting new standards for retail.
About John Imah
John Imah is a visionary leader at the forefront of technology and fashion. As a Nigerian American and first-generation immigrant, John brings innovation and diversity to the tech industry. Under his leadership, SpreeAI has achieved a $1.5 billion valuation, cementing its role as a transformative force in AI-powered retail.
John’s career includes leadership roles at Samsung, Twitch, Amazon, Meta, Take-Two Interactive, and Snap Inc., where he implemented strategies that drove impactful growth. A member of the Council of Fashion Designers of America (CFDA), John seamlessly combines his expertise in tech and fashion to deliver groundbreaking solutions.
As a successful entrepreneur and creative, John’s influence extends beyond business into design, music, and philanthropy, including initiatives like serving as a strategic advisor to the Davidson Academy—a pioneering school dedicated to providing profoundly gifted students with educational opportunities tailored to their unique abilities, strengths, and interests. His involvement with the Academy is deeply personal, rooted in his own experiences as a profoundly gifted child. By actively mentoring students, funding scholarships, and supporting charitable initiatives, John blends professional success with a genuine commitment to empowering gifted youth and uplifting underserved communities, ensuring his legacy is defined not only by innovation but by authentic and meaningful impact.
SpreeAI Is Redefining Retail With Virtual AI-Powered Try-Ons Curated by the Top in Tech and Fashion
PARIS, FRANCE – Media OutReach Newswire – 7 May 2025 – Powering ahead with innovation, INIU, a globally trusted brand in portable power solutions, is proud to bring its products to even more French consumers through its ongoing partnership with SFR, one of France’s leading telecom service providers.
Founded in 2017, INIU focuses on innovative charging solutions and now serves over 40 million users across 174 countries. Powered by core technologies like TinyCell and HyperStack, along with cutting-edge design, INIU has earned international recognition with awards such as the iF Design Award, Red Dot Award, and CES Innovation Award.
INIU’s latest products are now available across SFR’s national retail network, including the MagPro Slim 5K/10K, Pocket Pro 10K 45W, and Leopard 100W Magnetic Cable, offering versatile charging solutions.
The INIU MagPro Slim 5K/10K, with its ultra-slim design and MagSafe, Qi2-certified compatibility, delivers a seamless charging experience for iPhone users—an ideal companion for SFR customers purchasing Apple devices. The 5K model is just 0.9cm thick—lighter than most smartphones—while both models support 15W Qi2-certified magnetic wireless charging and PD fast wired charging: 20W for the 5K, 45W for the 10K. You can power an iPhone 16 to 40% in 25 minutes or 51% in just 22 minutes. The 10K version, with its 10,000mAh capacity, can charge three devices at once and recharge an iPhone 15 about 1.9 times—perfect for staying powered on the go.
At just one-third the size of a phone, the Pocket Pro 10K 45W is ultra-compact yet powerful enough to charge laptops. With a built-in USB-C cable and strap, it easily clips to your bag. Supports dual-device fast charging, powering an iPhone 16 to 60% in 25 minutes. Compatible with iPads, AirPods, and more, keeping you powered and worry-free on the go.
Completing the trio, the Leopard Magnetic Cable 100W is a USB-C to C fast charging cable built for serious speed and durability. It features a magnetic auto-winding system to keep cables tangle-free, supports 100W Power Delivery, and charges a MacBook Pro to 60% in only 45 minutes. Reinforced with FLYWEAVE nylon and an Emarker chip, it’s built to withstand over 45,000 bends.
With this launch, INIU continues its mission—reliable performance, simplified choice—now available to SFR customers across France. Hashtag: #INIU
The issuer is solely responsible for the content of this announcement.
ISTANBUL, May 7, 2025 /PRNewswire/ — Kinetics, a new energy company launched by Karpowership specializing in floating LNG assets and renewable energy, has announced two strategic investments to drive innovation and decarbonization in the energy, maritime and mining sectors. These moves underscore the company’s long-term commitment to accelerating the transition to sustainable energy solutions.
Kinetics has co-invested in a $20 million Series A financing round for Exterra, a Canada-based cleantech waste-to-value leader. The investment will enable Exterra to advance its flagship Hub I project in Quebec and further commercialize its dual-process technology, unlocking new pathways for carbon-negative industrial operations. Hub I will become the world’s largest asbestos mitigation facility – processing 400,000 tonnes of asbestos mine tailings annually.
Kinetics also participated in a $20 million Series A financing round for Power to Hydrogen, a U.S.-based manufacturer of next-generation AEM electrolyzers that produce green hydrogen from renewable electricity, and supports the production of e-methanol and green ammonia – key to decarbonizing the global shipping sector. The investment will support Power to Hydrogen’s global market expansion, responding to growing demand for accessible and cost-effective green hydrogen.
“These partnerships reflect our strategic vision to support breakthrough technologies that go beyond innovative electricity generation – enabling sustainable fuels, cleaner industries, and circular resource use,” said Mehmet Katmer, General Manager of Kinetics. “We’re proud to back innovators that are reshaping how the world produces, stores, and consumes energy.”
“This strategic investment from Mitsui O.S.K. Lines and Karpowership is a promising step towards producing lower emissions shipping fuels,” said Paul Matter, Co-Founder and CEO of Power to Hydrogen. “With the increasing pressure to decarbonize shipping and promote zero-emission fuels, we see a significant opportunity for green hydrogen, e-methanol, and green ammonia to become the dominant fuels of the future. Our electrolyzers offer a cost-effective and scalable solution to meet this growing demand.”
By leveraging its global expertise, Kinetics is focused on scaling up solutions that create long-term value and drive decarbonization across complex, hard-to-abate sectors – from mining to maritime transport.
About Kinetics
Established in 2024, Kinetics specializes in cleaner, flexible energy systems through the development and delivery of floating LNG assets and renewable energy platforms, including battery energy storage systems (BESS). Tailored to meet the evolving needs of partners in the energy industry, Kinetics is redefining how energy infrastructure is deployed and accessed in a decarbonizing world. Kinetics is an initiative of Karpowership, a global energy company with over 25 years of experience in developing its world-leading fleet of floating power infrastructure and innovative energy solutions.
About Exterra
Exterra Carbon Solutions is a Canadian cleantech waste-to-value leader based in Quebec, Canada. The company specializes in transforming legacy mining waste into sustainable, low-carbon critical minerals and CO₂ sequestration solutions. Leveraging its proprietary LOW™ process to produce low-carbon metal oxides and valuable by-products, alongside the ROC™ process to permanently mineralize CO₂, Exterra redefines sustainable mineral production. Exterra has been awarded the prestigious 2024 Carbon Capture Canada Award in the CCUS First Adopter Award category last September.
About Power to Hydrogen
Power to Hydrogen is a designer and manufacturer of advanced electrolysis systems based in Columbus, Ohio. The company’s innovative AEM electrolyzer technology offers a low-cost, high-performance alternative to existing options for producing clean hydrogen. Power to Hydrogen’s systems are designed for easy installation and integration with renewable energy sources, enabling companies to produce green hydrogen efficiently. Power to Hydrogen’s mission is to accelerate the transition to a clean energy economy by providing reliable, cost-effective, and accessible hydrogen solutions.