First Hydrogen secures worldwide UGV development rights from Exodus
First Hydrogen obtained exclusive worldwide rights from Exodus Actuation Solutions to advance a patented autonomous UGV toward commercial design and defined applications.
Verified eventFirst HydrogenSep 1, 2026
Evidence notes
- The initial development milestone runs for two years, after which successful completion would extend exclusive commercialization rights for the remaining patent life.
- Commercial products using the UGV patent would be subject to a 1% royalty on gross sales.
- First Hydrogen will fund development and own new project IP, while the parties said a definitive agreement was expected imminently.