Dubbed Next Hydrogen USA, the subsidiary will aim to seek US-based renewable energy grants and incentives, as well as participate in numerous hydrogen infrastructure projects.
Next Hydrogen US will have its own dedicated sales team and will expand the company’s opportunities.
On the launch, Raveel Afzaal, President and CEO of Next Hydrogen, said, “Next Hydrogen is poised to be a significant contributor to reducing carbon emissions in the US transportation and industrial markets and we are excited to establish a presence there.”
In addition to launching its North American subsidiary, the company has also today (Nov 1) announced its listing on the OTCQB Venture Marketplace, a US trading platform.
Through the listing, Next Hydrogen hopes it will be significantly easier for US investors to invest in the company.
Afzaal added, “Establishing a US subsidiary and listing on the OTCQB Venture Exchange are part of a long-term strategy to introduce the company to a broader audience.
“Listing on the OTCQB will help us enhance our liquidity by providing our current and future American investors with a more accessible market.
“Hydrogen is a key driver in global efforts to reduce greenhouse gas emissions and the US will prove to be a defining market for reducing the carbon footprint of the transportation and industrial sectors.”
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