
H55 SOARS INTO TIME'S TOP GREENTECH COMPANIES OF 2025
SION, Switzerland, May 1, 2025 /CNW/ — H55, a leader in electric aviation and the technological spin-off of the Solar Impulse project, has earned a place on TIME's World's Top 250 GreenTech Companies of 2025 list. Selected from over 8,000 global firms, H55 is one of only four Swiss companies recognized, underscoring the company's strengths and achievements in clean air mobility.
H55 earned this honor by pushing the boundaries of certified electric propulsion and intelligent battery management systems—key technologies driving the shift to quiet, zero-emission flight. The TIME ranking evaluated companies on environmental impact, financial health, and innovation. H55's inclusion in this global list demonstrates the company's success in making aviation cleaner and more efficient.
'Being recognized by TIME is an honor and a reflection of our mission to make clean aviation quiet, efficient, and scalable,' said André Borschberg, Co-Founder and Executive Chairman of H55. 'It reaffirms our commitment and achievements in advancing electric flight and accelerating its adoption. With our B23 Energic flight trainer, and general aviation aircraft, one of our first customer applications, we are ushering in a new chapter of clean aviation that redefines how we train and fly in the future'.
'Being included on the 250 GreenTech Companies list by TIME further validates the investment thesis we had when we lead the first financing of H55; the IP and technology spun off from Solar Impulse will lead to certified solutions that will transform the general and commercial aviation', said Aymeric Sallin, ND Capital CEO and Founder. 'H55 electric propulsion system is pushing the boundaries of technology to deliver breakthrough solutions for the world we live in. We are proud to support such innovators.'
H55 Across USA Tour: Taking Electric Aviation Coast to Coast – From April through August 2025, H55 will take to the skies throughout the United States on its Across USA Tour, bringing fully electric flight demonstrations to aviation stakeholders and enthusiasts nationwide. This coast-to-coast tour will visit flight schools, aviation universities, airplane manufacturers, military academies, and major airshows, giving participants a firsthand look at the future of sustainable flight.
At each stop, H55 will showcase the Bristell B23 Energic, a two-seat, zero-emission trainer aircraft powered by H55's award-winning electric propulsion system. This fully electric airplane offers near- silent operation and significantly lowers operating costs, demonstrating real-world readiness for pilot training and general aviation use today.
H55 Across USA Tour stops include:
Florida April 12–28
Montgomery, Alabama May 7–9
Phoenix/Scottsdale, Arizona May 20–25
Las Vegas, Nevada June 3–6
Palo Alto, California June 15–22
Colorado Springs and Pueblo July 2–7
Oshkosh, Wisconsin July 21–27 (EAA AirVenture)
The Hamptons, New York August 6–10 August
About H55
H55 is a Swiss-based company founded by the former Solar Impulse management team: André Borschberg, Sebastien Demont, and Gregory Blatt. Dedicated to revolutionizing the aviation industry, H55 provides certified electric propulsion and battery management systems tailored to a diverse range of aircraft, aiming to achieve sustainable air travel. Through its pioneering legacy and commitment to certified solutions, H55's team of visionary engineers and aerospace experts are at the forefront of driving the aviation industry toward a more environmentally responsible future, setting new standards and pushing the boundaries of electric aviation.For more information, visit: press@h55.ch www.h55.ch
Media Contact tamar.burton@h55.chwww.h55.ch
H55 SARoute de l'Aéroport 10 1950 SionSwitzerland
Photo: https://mma.prnewswire.com/media/2677886/H55.jpgLogo: https://mma.prnewswire.com/media/2345318/5297536/H55_Logo.jpg
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For more information about Sigma Lithium, visit our website Sigma LithiumLinkedIn: Sigma LithiumInstagram: @sigmalithiumTwitter: @SigmaLithium FORWARD-LOOKING STATEMENTS This news release includes certain 'forward-looking information' under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Grota do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Financial Tables The unaudited condensed interim consolidated financial statements for the periods ended March 31, 2025 and 2024 were reviewed by the Company's independent auditor in accordance with IFRS Accounting Standards, as issued by the International Accounting Standards Board. Figure 1: Consolidated Statements of Income (Loss) Summary Consolidated Statements of Income (Loss) Three Months EndedJune 30, 2025 Three Months EndedJune 30, 2024 ($ 000s) Net sales revenue 16,888 45,920 Cost of goods sold & distribution (23,564) (29,765) Gross profit (loss) (6,676) 16,155 Sales expense (183) (376) G&A expense (4,336) (4,603) Stock-based compensation (1) (472) (1,943) ESG and other operating expenses (8,491) (3,627) EBIT (20,158) 5,606 Financial income and (expenses), net 1,299 (18,632) Income (loss) before taxes (18,859) (13,026) Income taxes and social contribution – 2,178 Net Income (loss) for the period (18,859) (10,848) Weighted average number of common shares outstanding 111,280 110,528 Earnings per share $(0.17) $(0.10) (1) Excluding stock-based compensation allocated to operating costs. 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These non-IFRS financial measures are a supplement to and not a substitute for or superior to, the Company's results presented in accordance with IFRS. The non-IFRS financial measures presented by the Company may be different from non-GAAP/IFRS financial measures presented by other companies. Specifically, the Company believes the non-IFRS information provides useful measures to investors regarding the Company's financial performance by excluding certain costs and expenses that the Company believes are not indicative of its core operating results. The presentation of these non-U.S. GAAP/IFRS financial measures is not meant to be considered in isolation or as a substitute for results or guidance prepared and presented in accordance with U.S. GAAP/IFRS. A reconciliation of these financial measures to IFRS results is included herein. 1. Cash unit operating costs include mining, processing, and site based general and administration costs. It is calculated on an incurred basis, credits for any capitalised mine waste development costs, and it excludes depreciation, depletion and amortization of mine and processing associated activities. When reported on an FOB basis, this metric includes road freight, and port related charges. When reported on a CIF basis it includes ocean freight, insurance and royalty costs. Royalty costs include a 2% government royalty and a 1% private royalty. For CIF operating cost analysis purposes, the Company uses the ocean freight costs of products that sailed during the reporting period. However, for accounting purposes, and therefore in this quarter's reported cost of good sold and revenues, ocean freight is treated as a service provided to a customer and is recognized when the product is delivered. Cash unit all-in sustaining cost includes unit CIF China cash operating cost, SG&A, maintenance capex and financial expenses. 2. Cash operating profit represents revenue less cost of sales (COGS), excluding depreciation and amortization (D&A) expenses. Cash operating margin is cash operating profit divided by total revenue for the period. 3. Average revenue per tonne is calculated as total revenue for the period divided by total sales volume in tonnes. Average COGS per tonne is calculated as total cost of sales (COGS) for the period divided by total sales volume in tonnes. 4. Adjusted EBITDA is a measure of the Company's recurring core earnings profile. It is calculated as revenue minus cash operating and selling expenses. The calculation excludes non-cash items such as depreciation and amortization (D&A) and stock-based compensation expenses. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by total revenue for the period.


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After achieving domestic production, SUS ENVIRONMENT developed large-tonnage grate systems and high calorific value treatment technologies with independent intellectual property rights, greatly improving the scale and efficiency of the equipment. It took the lead in launching a single-line 750- tonne per day SUS ENVIRONMENT grate furnace, which became the largest single incinerator in China at the time. Since then, it has continuously broken records. By the end of 2021, it completed the research, development, production and operation of the China's first 1,000-tonne per day single-unit incinerator. Meanwhile, SUS Environment has been driving the development and iteration and of ultra-high-pressure waste heat boilers, external reheating technologies, and pollutant control technologies. It has also applied artificial intelligence technology to the waste incineration industry, establishing a mature technological system in areas such as intelligent combustion optimization, high-efficiency waste-to-energy conversion, carbon-pollution synergistic control, and AI digital twins, positioning itself at the forefront of global waste-to-energy and thermal utilization system solutions. Currently, SUS Environment's equipment and technologies have been applied in over 300 incineration plants, with a daily treating capacity exceeding 300,000 tonnes, making it the global market share leader in waste incineration equipment and technology supply. With investment operations across Southeast Asia, Central Asia, the Middle East, and Europe, along with 11 global representative offices, the company possesses localized long-term service advantages. Another Chinese company, Sanfeng Environment, has undergone roughly three stages in technological innovation for waste incineration: In 2000, it introduced the complete SITY2000 waste-to-energy and flue gas treatment technology from MARTIN GmbH, achieving localization through learning, absorption, and domestic adaptation, leading to projects like Tongxing and Fumiaoling. From 2007 to 2015, based on the imported technology, it conducted re-innovation research and development to adapt to the evolving demands of China's waste incineration market and the changing characteristics of domestic waste, ultimately achieving stable combustion. Since 2016, through pioneering innovations in large-scale grate furnaces, efficient waste heat utilization, pollutant control, and ultra-low emissions, Sanfeng Environment has developed its clean and efficient waste incineration technology. Furthermore, Sanfeng Environment has successfully implemented an AI-powered intelligent incineration system for municipal solid waste by incorporating advanced artificial intelligence technologies such as big data analytics and machine learning. Currently, Sanfeng Environment's core technologies and equipment have been applied in over 260 waste-to-energy projects across China as well as multiple countries including the United States, India, Ethiopia, Thailand, and Vietnam. With a daily treatment capacity of more than 230,000 tonnes of domestic waste, its incinerator equipment continues to lead the domestic market share of incinerator equipment. Everbright Environment, another domestic leading waste incineration company, also laid its foundation by studying advanced foreign technologies in its early stages. It successively established technology research and development centers and technology development companies in Shenzhen and Beijing, initiating market-oriented independent research and development to fully achieve 'Made in China' status for waste-to-energy technology and equipment. In October 2010, Everbright's first independently manufactured 400-tonne per day multi-stage hydraulic mechanical municipal solid waste incinerator was successfully commissioned at the Jiangyin project. In 2011, Everbright Environmental Technology Equipment (Changzhou) Ltd. was established to accelerate technology commercialization. By 2014, Everbright's self-developed series of multi-stage hydraulic mechanical grate furnaces (including 300, 350, 400, 500 and 750 tonnes per day models) obtained EU CE certification, marking all Everbright incinerators meeting EU safety standards and qualifying for export to European markets. As of June 2024, Everbright Environment has cumulatively produced and sold 567 sets of municipal solid waste incinerators, with its service coverage extending to 26 provinces and municipalities across China, over 220 regions, as well as overseas markets including Ethiopia, Vietnam, India, Thailand, and Bulgaria. Overall, the global waste-to-energy equipment market currently exhibits a diversified landscape. European and Japanese brands maintain stable market positions through their heritage and widespread recognition, while Chinese brands are gaining increasing visibility and acceptance in international markets due to technological innovation and cost advantages, playing an increasingly influential role in the global market.