Friday, August 22, 2025

AmmPower Acquires Hydrogen One In All-Stock Transaction

AmmPower Corp (CSE: AMMP) this morning announced that it has entered into an arrangement to acquire Hydrogen One Technologies. The definitive agreement entered into by the two parties outlines an all-stock transaction.

Hydrogen One is currently in the process of developing tech that converts green ammonia to that of green hydrogen. The firm is doing so via ammonia cracking units, which provide usable hydrogen on site via a modular device. Each device is to be designed to scale, with the tech focused on reducing contaminates and high costs traditionally associated with ammonia cracking units.

The hydrogen market itself is slated to reach US$200 billion by 2030 based on current projections. Strong growth is anticipated to come from industrial transportation, passenger vehicles, energy, and other uses.

“Through this acquisition, AmmPower will be flexible in its business model as we will be able to provide customers with ammonia or hydrogen on demand. The hydrogen market is growing, and we can now target both markets with our products, which are flexible and scalable. Once both technologies are integrated, we will have a key competitive advantage over our peers.”

Gary Benninger, AmmPower CEO

Under the terms of the definitive agreement the company is to acquire Hydrogen One for a total of 7.0 million common shares. A timeline for closing was not provided.

AmmPower Corp last traded at $1.76 on the CSE.


FULL DISCLOSURE: AmmPower Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover AmmPower Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

CP Rail Sets New Records for Grain Transportation

Canadian railways have been busy amidst the pandemic, as record levels of grain were transported...

Saturday, January 9, 2021, 03:41:00 PM

California Secures First Federal Funding for Groundbreaking Hydrogen Hub

California is set to become the first state to receive federal funding for a pioneering...

Tuesday, July 23, 2024, 12:41:00 PM

AmmPower Hires Director Of Ammonia Production Processes

AmmPower Corp (CSE: AMMP) this morning forged ahead with its focus on ammonia plant manufacturing....

Monday, September 20, 2021, 08:54:20 AM

Toyota Drives Away from Hydrogen Power

At this year’s Japan Mobility Show, Toyota and Lexus showcased an array of battery-powered vehicles,...

Thursday, November 30, 2023, 03:43:00 PM

AmmPower Signs MOU With New Deep Water Industrial Port In Brazil For Ammonia Production

AmmPower Corp (CSE: AMMP) is going to Brazil. The company this morning announced a memorandum...

Monday, July 26, 2021, 11:38:53 AM