Hexagon Composites ASA
0EOF.IL
International Order Book14.80
NOK
+0.77
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Hexagon Composites ASA
0EOF.IL
(International Order Book)
Recent
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14.80
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yld
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ROIC.AI
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- Business
- Hexagon Composites ASA engages in the development, manufacture, and sale of composite pressure vessels and related systems for energy storage, including hydrogen and other gases, as well as modular, scalable storage solutions for industrial and transportation applications. Primary business activity centers on design, production, testing, and supply of high-pressure composite cylinders, modules, and systems for energy storage, refueling infrastructure, and specialized transport needs; aftersales services and support are provided through maintenance, certification, and refurbishment offerings. Core product families include hydrogen and natural gas pressure vessels; integrated storage modules for industrial and mobility use; complete turnkey hydrogen storage and refueling system components; and associated engineering services, diagnostics, and safety certifications. The company also offers associated components such as fittings, manifolds, valves, and mounting solutions, plus systems engineering, project management, and technical advisory services. Latest major company changes include strategic partnerships and alliances to expand vertical integration and market reach; ongoing acquisitions or minority investments aimed at strengthening manufacturing capacity and technology breadth; launches of new high-capacity or higher-pressure vessels and integrated storage modules; expansion of geographic footprint through new manufacturing sites or regional offices; organizational restructurings to optimize product portfolio and go-to-market strategies; and operational enhancements to increase automation, efficiency, and safety compliance over the past 1–2 years. Additional context: Hexagon Composites operates in the energy storage and distribution equipment sector, with industry segments spanning industrial gas, heavy-duty transport, and energy transition applications; primary customers include gas utilities, industrial gas users, hydrogen supply chains, and commercial fleets, as well as energy and infrastructure developers. The company has a global geographic footprint with manufacturing, assembly, and sales activities in multiple regions, including Europe, North America, and Asia, and maintains subsidiaries and affiliated entities within its corporate group structure; headquarters are located in Oslo, Norway, with founding year in the early 1990s.