Libertine Holdings PLC (LSE AIM: LIB), a developer of Linear Generator technology, has entered into a Strategic Partnership Agreement with LHP Engineering Solutions LLC (LHP), a provider of turnkey embedded control systems and software development solutions for global automotive and industrial OEMs.
The purpose of the Strategic Partnership Agreement is to enable both companies to collaborate on business development, technical development and pilot programme formation activities with a view to creating prototype demonstration units for engine and power generator OEMs. The agreement sets out the understanding and intentions of Libertine and LHP in connection with the development and commercialisation of containerised hybrid power systems combining linear generator and battery technology and so complements Libertine’s strategic partnership agreement with BASEBATT as previously announced on 12th March 2024.
The nature of the Strategic Partnership Agreement is largely non-binding and any revenue generating activities would be subject to further agreement in the form of a binding Joint Development Agreement or Contractual Framework Agreement and Statements of Work.
Libertine and LHP have entered into the Strategic Partnership Agreement in response to a trio of new enquiries from a leading US containerised power generator company, a waste-to-energy technology company and a global data centre energy services company.
LHP and Libertine aim to leverage LHP’s Product Readiness Level Process, software engineering development and system integration capabilities, EV testing facilities and wider R&D network to accelerate and de-risk OEM new product development programmes using Libertine’s intelliGENTM and HEXAGENTM technology platforms.
Linear Generators combine the efficiency of fuel cells with the durability and power density of conventional generators to produce clean, dispatchable power from renewable fuels. Libertine’s intelliGENTM and HEXAGENTM platforms form the basis of a battery-like Linear Generator product architecture that combines individual Linear Power System ‘cells’ into modules and packs.
LHP Engineering Solutions offer turnkey systems and software development solutions for global OEMs and their suppliers within the automotive, aerospace, medical device, and rail industries. LHP provides expertise in embedded controllers and software development and is a global leader in Functional Safety ISO 26262 consulting & implementation.
The growing global demand for data centres and electric vehicle recharging, coupled with the wider macro trend towards electrification of energy services is constrained by grid infrastructure and complicated by the intermittency of renewables. Today’s solutions often rely on conventional packaged generators for dispatchable power generation. Linear Generator products could provide a more efficient, more cost-effective fossil free solution for dispatchable power generation.
Sam Cockerill, Chief Executive Officer of Libertine, commented: “LHP has exceptional capabilities for embedded control hardware and software development, system integration and testing that we anticipate could advance the readiness of Libertine’s Linear Power Systems within OEM product development programmes.
“LHP’s long-standing customer relationships with global OEMs, their EV testing centre and testing solutions make this partnership the logical next step for Libertine’s technical and business development activities as we seek to win new business with OEMs in the US and globally.”
Dave Glass, Chief Executive of LHP, said: “For over two decades LHP has worked with some of the world’s best known engine and vehicle OEMs on embedded controller system integration and functional safety implementations. Our customers are seeking new solutions for clean power generation, especially for high growth applications like powering data centres and vehicle recharging stations.
“Libertine’s intelliGEN and HEXAGEN platforms could provide a basis for Linear Generator products serving these applications, and we are delighted to be working with Libertine as we seek to bring these generator products into OEM new product introduction programmes.”