Hydrexia entered into a cooperation with SEDC Energy (SEDCE), a wholly owned subsidiary of Sarawak Economic Development Corporation, which is tasked with the responsibility to enhance the presence of Sarawak's relevant downstream oil & gas businesses globally, and to spearhead the drive for the new energy ecosystem within Sarawak in line with the state's vision.

Hydrexia has rich experience in the design and manufacture of H₂ storage systems and H₂ refueling stations. Both Parties have agreed to enter this MoU to declare their respective intentions and to establish a basis of cooperation and collaboration between the Parties with respect to Hydrexia Technology in SEDCE’s Projects in Malaysia.

SEDCE recognises the potential benefits of Hydrexia's technology and intends to collaborate with Hydrexia in H₂ production, distribution, storage, and transportation infrastructure. The cooperation mainly includes:

• Hydrexia's Participation in SEDCE Projects
• Metal Hydride H₂ Storage Technology (MHx) Application
• Adoption of H₂ refueling station information management system—H₂Meta

Furthermore, with customer centered being our prospects, Hydrexia will also provide training and technical support to SEDCE staff at the commencement of any partnership H₂ project, including knowledge transfer on the operation and maintenance of HRS and their monitoring systems. This will enable SEDCE to operate and maintain H₂ refueling stations effectively and safely.

Through the cooperation, Hydrexia and SEDC Energy can maximize the strengths of both parties, explore more opportunities in the renewable energy industry and support the development of ecosystem for the Malaysia H₂ economy. Together, we will promote the potential of H₂ being a clean and renewable energy source.