Despite the suspension of payments, Resato Hydrogen Technology continues to move forward

Resato Hydrogen Technology (RHT) is now in week 5 of the suspension of payments and is providing a brief update on developments over the past few weeks.

RHT continues to work on completing ongoing projects and is exploring how to fulfill its commitments to customers as effectively as possible. The revenue generated from these efforts enables RHT to finance the current period as much as possible from its own resources and to continue its operations. At the same time, the company is working on solutions that offer prospects for the longer term.

Discussions with potential investors and strategic partners are ongoing. Several parties have expressed serious interest. While the discussions initially involved a broader group of parties, they are now focused on a smaller selection of promising candidates with whom the discussions are being further deepened. Although these discussions are confidential and therefore no further details can be shared, we are actively working on solutions for the company’s future.

The coming period will be dedicated to further developing the ongoing discussions and successfully delivering projects.

RHT thanks its suppliers, partners, and employees for their continued commitment and support.

RHT will continue to keep its stakeholders informed as relevant developments arise and remains fully committed to carefully addressing questions from customers and suppliers.

Disclaimer: This update is based on the current state of affairs and is subject to change.

Please note: This situation specifically concerns only Resato Hydrogen Technology BV and not other companies bearing the Resato name.