Pure Hydrogen Accelerates Global Expansion with New Orders and Strategic Deals
Pure Hydrogen Corporation reported strong commercial momentum in the September 2025 quarter, securing multiple hydrogen vehicle orders across Australia and the US, expanding international distribution, and raising fresh capital to fuel growth.
- Multiple new hydrogen fuel cell vehicle orders in Australia and North America
- Strategic distribution agreements signed in South America and California
- Proposed company name change to Pure One Corporation Ltd to reflect broader clean energy focus
- Raised A$1 million via equity placement and secured a $2.5 million loan facility post-quarter
- Progress on natural gas projects and plans for Eastern Gas IPO remain on track
Strong Sales Momentum in Zero-Emission Vehicles
Pure Hydrogen Corporation Limited (ASX, PH2) has demonstrated significant commercial progress in the September 2025 quarter, reinforcing its position as a pioneering supplier of hydrogen fuel cell and battery electric vehicles. The company secured multiple purchase orders from Australian customers, including a $2 million deal for two Taurus Prime Mover trucks with Scott Lovatt Transport and a follow-up order from Heidelberg Materials for a second hydrogen fuel cell concrete agitator truck. These orders underscore growing demand for zero-emission commercial vehicles in Australia’s freight and industrial sectors.
In North America, Pure Hydrogen marked a milestone by signing a Term Sheet with Riverview International Trucks in California for the purchase of a hydrogen-powered refuse truck, which will serve as a demonstration unit to prospective customers. This move is part of a broader push to expand the company’s footprint in the US market, especially as competitors exit the hydrogen heavy vehicle space.
Expanding International Distribution and Partnerships
The company also inked a strategic distribution agreement with Argentina-based FRN Enterprise SAS to manage sales of Pure’s hydrogen vehicles and infrastructure across South America. This complements its existing partnership with GreenH2 LATAM in Mexico and strengthens Pure Hydrogen’s presence in key international markets. Additionally, a Letter of Intent was signed with California’s GTS Group to distribute hydrogen-powered heavy trucks, and a dealer agreement was executed with Hydrogen Diesel Electric Australia to cover Western Australia and Queensland.
Capital Raising and Financial Position
Pure Hydrogen raised A$1 million through an equity placement priced at A$0.085 per share, attracting sophisticated investors and director participation. Post-quarter, the company secured a $2.5 million loan facility to support its growth trajectory and vehicle delivery commitments. The company ended the quarter with $2.67 million in cash and access to nearly $8 million in undrawn financing facilities, providing a solid runway for upcoming operational milestones.
Strategic Rebranding and Manufacturing Expansion
Reflecting its evolution beyond hydrogen vehicles into a broader clean energy portfolio, Pure Hydrogen plans to rebrand as Pure One Corporation Ltd, subject to shareholder approval at the 2025 Annual General Meeting. The new name aims to signal leadership and innovation in zero-emission transport and energy solutions. Complementing this, Pure One Operations Pty Ltd signed a Term Sheet with Advanced Manufacturing Queensland to assemble zero-emission vehicles locally, supporting scalability and supply chain resilience.
Natural Gas Projects and Eastern Gas Spinout
Alongside vehicle operations, Pure Hydrogen continues to develop natural gas assets through its planned spinout, Eastern Gas Limited. The company holds significant contingent methane gas resources and has secured a 15-year Potential Commercial Area grant for the Windorah Gas Project in Queensland. Its strategic investment in Botswana’s Botala Energy also advances exploration and feasibility studies for coalbed methane projects, positioning Pure Hydrogen to benefit from diverse clean energy opportunities.
Bottom Line?
With robust sales, strategic partnerships, and fresh capital, Pure Hydrogen is poised to accelerate its clean energy ambitions globally.
Questions in the middle?
- How will the proposed name change to Pure One Corporation impact investor perception and market positioning?
- What are the timelines and market conditions expected for the Eastern Gas IPO launch?
- How will Pure Hydrogen scale manufacturing and supply chain capabilities to meet growing vehicle demand?
