Powertap Hydrogen Capital Corp. provided an update on the development of its Gen3 modular hydrogen production and dispensing unit. With the completion of the engineering design of the PowerTap Gen3 Unit, the Company has commenced the next phase to prepare for the manufacturing of a prototype. The Company is currently in discussions with third-party manufacturers to build a prototype based on the completed blueprint design. Due to the nature of the technology and customization required to manufacture a prototype that will achieve the functionality of the designed PowerTap Gen3 Unit, the Company is evaluating various options before committing to a manufacturing agreement. The manufacture of a prototype is dependent on the timing and availability of various components, the availability of a manufacturer with the required expertise, and the availability of requisite funding. The initial cost per prototype unit to manufacture, deliver and install, including the site costs at the gas stations, is approximately US$6 million for a 1,250 kg unit. Prior to the installation of any PowerTap Gen3 Unit, the Company must identify suitable sites for installation, complete a feasibility study, design the site for installation, and obtain applicable permits. At this time, given the long lead time on the granting of entitlements and construction permits from California municipalities for gas stations on which the Company will install its units, the Company anticipates that the commission and installation of the PowerTap Gen3 Units in California will commence in late 2022.