{"success":true,"data":{"pressRelease":{"id":"132025","rtpr_id":"nNFC1P4rj2","ticker":"FHYD","exchange":"","all_tickers":["FHYD"],"title":"First Hydrogen Agreement for Mobile AI-Driven Robotic Ground Drone Platform","author":"Newsfile Corp","published_at":"2026-09-01T07:05:15.015Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - September 1, 2026) - First\nHydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (\"FIRST HYDROGEN\"\nor the \"Company\") has acquired the exclusive worldwide rights to advance the\nunmanned ground vehicle (\"UGV\") towards commercialization, including the\ndevelopment of a viable commercial design and defined application for the\ntechnology within a two-year period (\"Development Milestone\"). Upon successful\ncompletion of the Development Milestone, First Hydrogen will have exclusive\nworldwide rights for the remaining life of the UGV patent to develop,\ncommercialize and exploit the UGV, subject to a 1% royalty on gross sales of\nproducts that incorporate the UGV patent. First Hydrogen will bear all cost of\ndevelopment and will own 100% of the intellectual property, inventions,\ndevelopments, improvements, products, software, designs, data, know-how, and\nother work product created, conceived, or developed in connection with the\nUGV. Further to the March 26, 2026 news release, the agreement with Exodus\nActuation Solutions Inc. (\"Exodus\") for the patented mobile robotic UGV is\nindependent of the existing binding letter of intent with Exodus for advanced\nactuation, gearbox, motor and robotic technologies. The Company anticipates\nexecuting the definitive agreement with Exodus imminently.\n\nThe Company's UGV chassis will have a modular cargo platform with multiple\nversatile applications that are easily interchangeable and will have\namphibious capabilities. The functions are designed for military field support\nsuch a drone launch and refueling platform, transport, equipment, security,\ntools, emergency packages, or other heavy items. The system is intended to\nfunction as a mobile robotic drone assistant capable in a wide range of\nlogistics, such as campus and facility operations including security,\nconstruction sites, and last-mile delivery and emergency situations.\n\nThe platform is expected to support both autonomous and user-assisted\noperating modes, allowing the robot to follow a user, operate via remote\ncontrol, or navigate predetermined routes. By combining robotic mobility with\ncargo transport capability, the system aims to reduce manual labour\nrequirements and reduce power consumption in environments where materials must\nbe moved frequently across varying terrain. The useful platform allows for use\nin academic research, industrial automation, defense research programs, and\nautonomous navigation testing.\n\nGround drones are increasingly being deployed for defense, security,\nlogistics, reconnaissance, inspection and operations in hazardous\nenvironments. Demand for these systems is accelerating as advances in\nartificial intelligence, autonomous navigation, sensors and communications\nexpand their capabilities and reduce the need to place personnel in dangerous\nenvironments. Markets and Markets projects the global unmanned aerial vehicle\n(\"UAV\" or \"drone\") market to grow from approximately US$26 billion in 2025 to\nmore than US$40 billion by 2030\n(https://www.marketsandmarkets.com/Market-Reports/unmanned-aerial-vehicles-uav-market-662.html?).\n\nIn connection with the transaction, the Company will pay a finder's and\nconsulting fee to a third party, in accordance with the TSX Venture Exchange\npolicies.\n\nAbout First Hydrogen Corp. (FirstHydrogen.com\n(https://api.newsfilecorp.com/redirect/N3W5VuNDxZ))\nFirst Hydrogen Corp. is a Vancouver, Montreal, Germany and London UK-based\ncompany focused on zero-emission vehicles, green hydrogen production and\ndistribution. The Company has designed and built two hydrogen-\nfuel-cell-powered light commercial vehicles (\"FCEV\"). The FCEV are road-legal\nin the United Kingdom (excluding Northern Ireland) with 6,000 km of testing\ncompleted and have achieved a range of 630+ kilometres on a single refueling.\nThe vehicles have successfully been trialled in real-world conditions with\nfleet operators in the United Kingdom.\n\nOn behalf of the Board of Directors of\n\nFIRST HYDROGEN CORP.\n\"Balraj Mann\"\nChairman & Chief Executive Officer\n\nContact:\nBalraj Mann\nFirst Hydrogen Corp.\n604-601-2018\ninvestors@firsthydrogen.com\n\nCautionary Note Regarding Forward-Looking Statements This news release\ncontains information or statements that constitute \"forward-looking\nstatements.\" Such forward looking statements involve known and unknown risks,\nuncertainties and other factors that may cause actual results, performance or\nachievements, or developments to differ materially from the anticipated\nresults, performance or achievements expressed or implied by such\nforward-looking statements. Forward-looking statements are statements that are\nnot historical facts and are generally, but not always, identified by words\nsuch as \"expects,\" \"plans,\" \"anticipates,\" \"believes,\" \"intends,\" \"estimates,\"\n\"projects,\" \"potential\" and similar expressions, or that events or conditions\n\"will,\" \"would,\" \"may,\" \"could\" or \"should\" occur. Forward looking information\nmay include, without limitation, statements regarding the operations,\nbusiness, financial condition, expected financial results, performance,\nprospects, opportunities, priorities, targets, goals, ongoing objectives,\nmilestones, strategies and outlook of First Hydrogen, and includes statements\nabout, among other things, future developments and the future operations,\nstrengths and strategies of First Hydrogen. Forward-looking information is\nprovided for the purpose of presenting information about management's current\nexpectations and plans relating to the future and readers are cautioned that\nsuch statements may not be appropriate for other purposes. These statements\nshould not be read as guarantees of future performance or results.\n\nThe forward-looking statements made in this news release are based on\nmanagement's assumptions and analysis and other factors that may be drawn upon\nby management to form conclusions and make forecasts or projections, including\nmanagement's experience and assessments of historical trends, current\nconditions and expected future developments. Although management believes that\nthese assumptions, analyses and assessments are reasonable at the time the\nstatements contained in this news release are made, actual results may differ\nmaterially from those projected in any forward-looking statements. Examples of\nrisks and factors that could cause actual results to materially differ from\nforward-looking statements may include: the timing and unpredictability of\nregulatory actions; regulatory, legislative, legal or other developments with\nrespect to its operations or business; limited marketing and sales\ncapabilities; early stage of the industry and product development; limited\nproducts; reliance on third parties; unfavourable publicity or consumer\nperception; general economic conditions and financial markets; the impact of\nincreasing competition; the loss of key management personnel; capital\nrequirements and liquidity; access to capital; the timing and amount of\ncapital expenditures; the impact of COVID-19; shifts in the demand for First\nHydrogen's products and the size of the market; patent law reform; patent\nlitigation and intellectual property; conflicts of interest; and general\nmarket and economic conditions.\n\nThe forward-looking information contained in this news release represents the\nexpectations of First Hydrogen as of the date of this news release and,\naccordingly, is subject to change after such date. Readers should not place\nundue importance on forward-looking information and should not rely upon this\ninformation as of any other date. First Hydrogen undertakes no obligation to\nupdate these forward-looking statements in the event that management's\nbeliefs, estimates or opinions, or other factors, should change.\n\nNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM\nIS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/312324","article_body_html":"","raw_payload":{"data":{"id":"nNFC1P4rj2","title":"First Hydrogen Agreement for Mobile AI-Driven Robotic Ground Drone Platform","author":"Newsfile Corp","ticker":"FHYD","created":"2026-09-01T07:05:15.015Z","tickers":["FHYD"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - September 1, 2026) - First\nHydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (\"FIRST HYDROGEN\"\nor the \"Company\") has acquired the exclusive worldwide rights to advance the\nunmanned ground vehicle (\"UGV\") towards commercialization, including the\ndevelopment of a viable commercial design and defined application for the\ntechnology within a two-year period (\"Development Milestone\"). Upon successful\ncompletion of the Development Milestone, First Hydrogen will have exclusive\nworldwide rights for the remaining life of the UGV patent to develop,\ncommercialize and exploit the UGV, subject to a 1% royalty on gross sales of\nproducts that incorporate the UGV patent. First Hydrogen will bear all cost of\ndevelopment and will own 100% of the intellectual property, inventions,\ndevelopments, improvements, products, software, designs, data, know-how, and\nother work product created, conceived, or developed in connection with the\nUGV. Further to the March 26, 2026 news release, the agreement with Exodus\nActuation Solutions Inc. (\"Exodus\") for the patented mobile robotic UGV is\nindependent of the existing binding letter of intent with Exodus for advanced\nactuation, gearbox, motor and robotic technologies. The Company anticipates\nexecuting the definitive agreement with Exodus imminently.\n\nThe Company's UGV chassis will have a modular cargo platform with multiple\nversatile applications that are easily interchangeable and will have\namphibious capabilities. The functions are designed for military field support\nsuch a drone launch and refueling platform, transport, equipment, security,\ntools, emergency packages, or other heavy items. The system is intended to\nfunction as a mobile robotic drone assistant capable in a wide range of\nlogistics, such as campus and facility operations including security,\nconstruction sites, and last-mile delivery and emergency situations.\n\nThe platform is expected to support both autonomous and user-assisted\noperating modes, allowing the robot to follow a user, operate via remote\ncontrol, or navigate predetermined routes. By combining robotic mobility with\ncargo transport capability, the system aims to reduce manual labour\nrequirements and reduce power consumption in environments where materials must\nbe moved frequently across varying terrain. The useful platform allows for use\nin academic research, industrial automation, defense research programs, and\nautonomous navigation testing.\n\nGround drones are increasingly being deployed for defense, security,\nlogistics, reconnaissance, inspection and operations in hazardous\nenvironments. Demand for these systems is accelerating as advances in\nartificial intelligence, autonomous navigation, sensors and communications\nexpand their capabilities and reduce the need to place personnel in dangerous\nenvironments. Markets and Markets projects the global unmanned aerial vehicle\n(\"UAV\" or \"drone\") market to grow from approximately US$26 billion in 2025 to\nmore than US$40 billion by 2030\n(https://www.marketsandmarkets.com/Market-Reports/unmanned-aerial-vehicles-uav-market-662.html?).\n\nIn connection with the transaction, the Company will pay a finder's and\nconsulting fee to a third party, in accordance with the TSX Venture Exchange\npolicies.\n\nAbout First Hydrogen Corp. (FirstHydrogen.com\n(https://api.newsfilecorp.com/redirect/N3W5VuNDxZ))\nFirst Hydrogen Corp. is a Vancouver, Montreal, Germany and London UK-based\ncompany focused on zero-emission vehicles, green hydrogen production and\ndistribution. The Company has designed and built two hydrogen-\nfuel-cell-powered light commercial vehicles (\"FCEV\"). The FCEV are road-legal\nin the United Kingdom (excluding Northern Ireland) with 6,000 km of testing\ncompleted and have achieved a range of 630+ kilometres on a single refueling.\nThe vehicles have successfully been trialled in real-world conditions with\nfleet operators in the United Kingdom.\n\nOn behalf of the Board of Directors of\n\nFIRST HYDROGEN CORP.\n\"Balraj Mann\"\nChairman & Chief Executive Officer\n\nContact:\nBalraj Mann\nFirst Hydrogen Corp.\n604-601-2018\ninvestors@firsthydrogen.com\n\nCautionary Note Regarding Forward-Looking Statements This news release\ncontains information or statements that constitute \"forward-looking\nstatements.\" Such forward looking statements involve known and unknown risks,\nuncertainties and other factors that may cause actual results, performance or\nachievements, or developments to differ materially from the anticipated\nresults, performance or achievements expressed or implied by such\nforward-looking statements. Forward-looking statements are statements that are\nnot historical facts and are generally, but not always, identified by words\nsuch as \"expects,\" \"plans,\" \"anticipates,\" \"believes,\" \"intends,\" \"estimates,\"\n\"projects,\" \"potential\" and similar expressions, or that events or conditions\n\"will,\" \"would,\" \"may,\" \"could\" or \"should\" occur. Forward looking information\nmay include, without limitation, statements regarding the operations,\nbusiness, financial condition, expected financial results, performance,\nprospects, opportunities, priorities, targets, goals, ongoing objectives,\nmilestones, strategies and outlook of First Hydrogen, and includes statements\nabout, among other things, future developments and the future operations,\nstrengths and strategies of First Hydrogen. Forward-looking information is\nprovided for the purpose of presenting information about management's current\nexpectations and plans relating to the future and readers are cautioned that\nsuch statements may not be appropriate for other purposes. These statements\nshould not be read as guarantees of future performance or results.\n\nThe forward-looking statements made in this news release are based on\nmanagement's assumptions and analysis and other factors that may be drawn upon\nby management to form conclusions and make forecasts or projections, including\nmanagement's experience and assessments of historical trends, current\nconditions and expected future developments. Although management believes that\nthese assumptions, analyses and assessments are reasonable at the time the\nstatements contained in this news release are made, actual results may differ\nmaterially from those projected in any forward-looking statements. Examples of\nrisks and factors that could cause actual results to materially differ from\nforward-looking statements may include: the timing and unpredictability of\nregulatory actions; regulatory, legislative, legal or other developments with\nrespect to its operations or business; limited marketing and sales\ncapabilities; early stage of the industry and product development; limited\nproducts; reliance on third parties; unfavourable publicity or consumer\nperception; general economic conditions and financial markets; the impact of\nincreasing competition; the loss of key management personnel; capital\nrequirements and liquidity; access to capital; the timing and amount of\ncapital expenditures; the impact of COVID-19; shifts in the demand for First\nHydrogen's products and the size of the market; patent law reform; patent\nlitigation and intellectual property; conflicts of interest; and general\nmarket and economic conditions.\n\nThe forward-looking information contained in this news release represents the\nexpectations of First Hydrogen as of the date of this news release and,\naccordingly, is subject to change after such date. Readers should not place\nundue importance on forward-looking information and should not rely upon this\ninformation as of any other date. First Hydrogen undertakes no obligation to\nupdate these forward-looking statements in the event that management's\nbeliefs, estimates or opinions, or other factors, should change.\n\nNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM\nIS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/312324"},"type":"article","timestamp":"2026-09-01T07:05:15.060604412Z","server_sent_at_ms":1788246315060},"received_at":"2026-09-01T07:05:15.146Z","source_url":"https://www.newsfilecorp.com/release/312324"},"analysis":{"id":"120926","press_release_id":"132025","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["finder's and consulting fee payable to third party","commercialization contingent on successful completion of two-year development milestone"],"eventType":"operations_update","narrative":"First Hydrogen acquired exclusive worldwide rights to develop and commercialize a mobile AI-driven robotic ground drone platform (UGV) from Exodus Actuation Solutions.\n\nThe agreement mandates First Hydrogen to achieve a viable commercial design within a two-year period to retain full rights, subject to a 1% royalty on gross sales, while the company bears all development costs.\n\nManagement targets the defense and logistics sectors with the modular amphibious platform, citing industry projections that the drone market could grow from $26 billion to over $40 billion by 2030.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"First Hydrogen expands into robotics with exclusive UGV rights."},"keyFigures":{"customDimensions":{"royalty_rate":"1%","uav_market_2025":"US$26 billion","uav_market_2030":"US$40 billion","development_period_years":2}},"quotedText":"","namedEntities":{"people":[{"name":"Balraj Mann","role":"Chairman & Chief Executive Officer"}],"products":["unmanned ground vehicle (UGV)","hydrogen-fuel-cell-powered light commercial vehicles (FCEV)"],"companies":[{"name":"First Hydrogen Corp.","ticker":"FHYD"},{"name":"Exodus Actuation Solutions Inc.","relationship":"licensor/partner"}],"dollarAmounts":[{"amount":"US$26 billion","context":"projected global UAV market size in 2025"},{"amount":"US$40 billion","context":"projected global UAV market size by 2030"}]},"materialImpact":{"score":2,"reasoning":"First Hydrogen expanded its portfolio by acquiring exclusive rights to a new UGV technology, adding potential revenue streams in defense and logistics, though commercialization is contingent on a two-year development milestone."},"tickerRelevance":{"others":[],"primary":"FHYD"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"product_rights_agreement","sectorWeight":"industrials","marketCapAdjustment":"tsxv_issuer"}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"First Hydrogen acquired exclusive worldwide rights to develop and commercialize a mobile AI-driven robotic ground drone platform (UGV) from Exodus Actuation Solutions.\n\nThe agreement mandates First Hydrogen to achieve a viable commercial design within a two-year period to retain full rights, subject to a 1% royalty on gross sales, while the company bears all development costs.\n\nManagement targets the defense and logistics sectors with the modular amphibious platform, citing industry projections that the drone market could grow from $26 billion to over $40 billion by 2030.","key_figures":{"customDimensions":{"royalty_rate":"1%","uav_market_2025":"US$26 billion","uav_market_2030":"US$40 billion","development_period_years":2}},"named_entities":{"people":[{"name":"Balraj Mann","role":"Chairman & Chief Executive Officer"}],"products":["unmanned ground vehicle (UGV)","hydrogen-fuel-cell-powered light commercial vehicles (FCEV)"],"companies":[{"name":"First Hydrogen Corp.","ticker":"FHYD"},{"name":"Exodus Actuation Solutions Inc.","relationship":"licensor/partner"}],"dollarAmounts":[{"amount":"US$26 billion","context":"projected global UAV market size in 2025"},{"amount":"US$40 billion","context":"projected global UAV market size by 2030"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-01T07:24:03.945Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"product_rights_agreement","sectorWeight":"industrials","marketCapAdjustment":"tsxv_issuer"}},"durationMs":245492,"modelName":"glm-4.7"}}