First Hydrogen Adds Mobile AI-Driven Robotic Ground Drone Platform

Executive Summary

• First Hydrogen Corp. amended and expanded its Letter of Intent with Exodus Actuation Solutions Inc. (“RoboticsCo”) to obtain exclusive worldwide rights to develop a patented hybrid‑powered unmanned ground vehicle (UGV).
• The UGV combines solar, battery and hydrogen fuel‑cell power with an eight‑leg articulated chassis, targeting autonomous logistics, security, defense, construction and last‑mile delivery applications.
• Upon successful completion of a two‑year development milestone, First Hydrogen will retain 100 % ownership of all IP and receive a 1 % royalty on gross sales of products incorporating the UGV patent.

Key Details

• Amended LOI Scope: Extends exclusive worldwide rights for design, development, commercialization and exploitation of the patented mobile robotic UGV.
• Technology Highlights:
• Hybrid power system (solar + battery + hydrogen fuel cell) delivering extended runtime, low noise and zero emissions.
• Modular chassis with eight articulated semi‑robotic legs and integrated leg‑wheel assemblies for hybrid rolling/legged mobility on varied terrain.
• Payload‑flexible cargo platform supporting military field support, transport, security tools, emergency packages, etc.
• Business Model: UGV to be offered under a “Drones as a Service” (DaaS) subscription model, enabling customers to access hardware, software and certified operators without capital outlay.
• Market Context: Drone services market projected to grow from US$20.2 bn (2024) to US$142.2 bn by 2035 (CAGR 24.04%). Global defense spending exceeds $2 tn annually, providing a large potential customer base for autonomous logistics and security solutions.
• Development Milestone: Two‑year timeline to deliver a viable commercial design; First Hydrogen bears all development costs.
• IP Ownership & Royalties: First Hydrogen retains 100 % ownership of all IP created; will receive a 1 % royalty on gross sales of products that incorporate the UGV patent after milestone completion.
• Leadership Quote: Balraj Mann, CEO, emphasized the strategic fit of hybrid robotic mobility platforms within First Hydrogen’s hydrogen‑as‑a‑service model and the growth potential of DaaS.

Notable Quotes

“We believe hybrid robotic mobility platforms represent an emerging category within the broader robotics and automation sector, enabling new applications in logistics, infrastructure maintenance, and industrial & defense operations. The UGV drone strategy of Drones-as-a-Service builds on the Company's hydrogen-as-a-service business model.” – Balraj Mann, CEO, First Hydrogen Corp.