First Hydrogen Enters into Binding Letter of Intent with Robotics Company

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First Hydrogen Enters into Binding Letter of Intent with Robotics CompanyVancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") announces that it has entered into a binding Letter of Intent (the "LOI") with Exodus Actuation Solutions Inc. ("RoboticsCo"), a company holding patents and related intellectual property ("IP"), including robotics technology. RoboticsCo owns or licenses 25 issued and 11 pending patents covering its Exodus Actuation gearbox and high performance motor lines. These technologies have been tested and successfully used in applications including robotics, automotive, and packaging companies worldwide. The actuators combine human-like dexterity with machine precision, converting electrical energy into controlled motion that enables robotic systems to perform complex, repetitive, and hazardous tasks traditionally dependent on manual labour. Robotic actuators are foundational components supporting a broad range of applications, including industrial robotics, electric mobility systems, and emerging autonomous platforms such as drones (UAVs).​Robotics is transforming clean energy by automating deployment, inspection, and maintenance of renewable assets such as solar farms and wind turbines, hydrogen and battery storage facilities, optimizing energy use in industry, and improving worker safety in hazardous environments. Aerial and autonomous drone platforms are used for inspection, monitoring, logistics, and remote operations. By pairing high-efficiency electronic actuators with AI-enabled control systems, humanoid and industrial robots can perform complex tasks with greater precision and lower energy consumption than traditional equipment, supporting both cost reduction and decarbonization across industrial value chains.The Company considers the advanced Actuators and robotics are critical, foundational technologies for electric vehicles (EVs) and their manufacturing, transitioning from traditional mechanical systems to intelligent electromechanical systems. Actuators act as the "muscles" of the vehicle, converting electrical signals from control units into, for instance, braking force, precise steering, or charging port locking. Meanwhile, robotics and advanced automation are revolutionizing EV production, optimiz...

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