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Vivakor Signs Nonbinding Letter Of Intent With Undisclosed Texas International Airport Operator Over Lease For ~12.9 Acres For Proposed Hydrogen Production Plant, Fueling Station

Benzinga News-desk 1 day ago

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Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse and remediation services, today announced receipt of a signed, nonbinding letter

Vivakor, Inc. (NASDAQ:VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse and remediation services, today announced receipt of a signed, nonbinding letter of intent (“LOI”) from the operator of a major Texas international airport, to negotiate a lease for approximately 12.9 acres at the airport for a proposed hydrogen production plant and fueling station.

The proposed development would expand Vivakor’s energy infrastructure platform into airport fueling services. The October 14, 2026 LOI also allows for consideration of additional land if necessary.

Vivakor envisions a phased development, beginning with hydrogen and compressed natural gas (“CNG”) fueling infrastructure. The proposed facility would support the airport operator’s planned acquisition of 10 hydrogen-powered buses while providing CNG fueling capabilities for its existing vehicles. Additional airport transportation and airline ground support vehicles represent potential future applications.

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