The company maintains its $10M revenue outlook while targeting additional defense contracts next year.
Hyliion Holdings plans to secure $40M to $50M in new military contracts by Q1 2026. The announcement came during its earnings call, where management reaffirmed its existing $10M revenue projection for the period.
The company did not provide prior-year comparisons or consensus estimates for the targeted contracts. Its focus on defense contracts follows broader industry trends toward government-backed projects.
No immediate market reaction was disclosed in the call summary.