Annuncio • Jun 12
Hybrid Power Solutions Inc. announced that it has received CAD 1.697 million in funding On June 10, 2026, Hybrid Power Solutions Inc. closed the transaction. The company issued 33,940,000 Units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,697,000. All securities issued under the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The completion of the Offering is subject to certain conditions including, but not limited to the receipt of all necessary regulatory approvals, including the approval of the CSE. In connection with the Offering, the Company paid aggregate finder’s fees in the aggregate amount of CAD 51,660 and issued 1,117,200 finders warrants to eligible finders in accordance with the policies of the CSE. Each finder warrant entitles the holder thereof to acquire one Common Shares at a price of CAD 0.05 for a period of 24 months from the closing. Annuncio • May 14
Hybrid Power Solutions Inc. announced that it expects to receive CAD 1.5 million in funding Hybrid Power Solutions Inc. announced a non-brokered private placement to issue 30,000,000 units at an issue price of CAD 0.05 for the proceeds of CAD 1,500,000 on May 14, 2026. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of CAD 0.08 for a period of two years from the closing date of the Offering. All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian. The Company may pay finder’s fees to eligible finders in accordance with the policies of the Securities laws. The Offering is expected to close on or about June 12, 2026, subject to customary closing conditions, including receipt of all necessary regulatory approvals, including the approval of the CSE. Reported Earnings • May 05
Third quarter 2026 earnings released: CA$0.009 loss per share (vs CA$0.009 loss in 3Q 2025) Third quarter 2026 results: CA$0.009 loss per share (in line with 3Q 2025). Revenue: CA$488.3k (down 21% from 3Q 2025). Net loss: CA$762.0k (loss widened 3.0% from 3Q 2025). Reported Earnings • Feb 01
Second quarter 2026 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 2Q 2025) Second quarter 2026 results: CA$0.01 loss per share (further deteriorated from CA$0.007 loss in 2Q 2025). Revenue: CA$279.4k (down 73% from 2Q 2025). Net loss: CA$871.8k (loss widened 56% from 2Q 2025). New Risk • Jan 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.6m). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Market cap is less than US$10m (CA$5.99m market cap, or US$4.32m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$2.1m revenue, or US$1.5m). Reported Earnings • Nov 02
First quarter 2026 earnings released: CA$0.007 loss per share (vs CA$0.015 loss in 1Q 2025) First quarter 2026 results: CA$0.007 loss per share (improved from CA$0.015 loss in 1Q 2025). Revenue: CA$298.9k (down 71% from 1Q 2025). Net loss: CA$627.7k (loss narrowed 44% from 1Q 2025). Annuncio • Oct 23
Hybrid Power Solutions Inc. announced that it expects to receive CAD 2 million in funding Hybrid Power Solutions Inc announced a non-brokered private placement to issue a minimum of 16,666,667 units at a price of CAD 0.06 for aggregate proceeds of CAD 1,000,000.02 and a maximum of 33,333,333 units at a price of CAD 0.06 for aggregate proceeds of CAD 1,999,999.98 on October 22, 2025. Each Unit will consist of one Common share and one common share purchase warrant. Each warrant will be exercisable to acquire one Share at an exercise price of CAD 0.10 per Share for a period of 24 months from the date of issuance. Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the private placement would constitute a "related party transaction" as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Units will be offered for sale to purchasers resident in the provinces and territories of Canada except for Quebec, in the United States and offshore jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935. Annuncio • Oct 20
Hybrid Power Solutions Inc. Provides Update on Embedded IoT Technology and Unified Fleet Management Platform Hybrid Power Solutions Inc. provided an update on the Company's development of its new unified fleet and remote management platform, first announced on June 5, 2024. The Company has advanced this initiative significantly and is now entering final testing for its new embedded Internet of Things ("IoT") system, designed to enable advanced connectivity and real-time operational intelligence across its entire range of battery power systems. This innovative system will incorporate predictive analytics, machine learning, and virtual power plant capabilities, enabling peak shaving and global adjustment functionalities to significantly reduce customer power costs. The new system, which is expected to launch commercially in First Quarter 2026, will introduce cellular, GPS, Wi-Fi, and Bluetooth Low Energy (BLE) capabilities as an optional integrated feature across all newly manufactured HPS power systems. Additionally, existing units in the field - both past and current generation - will be fully compatible with the embedded IoT module as a retrofit solution, ensuring customers benefit from ongoing upgrades without hardware obsolescence. Real-Time Location Tracking: Unit location data will be available at all times through GPS-enabled connectivity. Data Collection and System Optimization: Continuous technical monitoring and energy data insights will allow users to optimize performance and usage patterns. Fleet Management and Remote Oversight: Fleet operators will be able to remotely monitor, troubleshoot, and manage multiple systems simultaneously via the unified management platform. Theft Deterrence and Recovery: Stolen units can be remotely deactivated and tracked, providing a strong security layer for asset owners. Technical Support Integration: Remote diagnostics will enable HPS's service team to deliver faster, smarter, and more proactive customer support. The IoT and connectivity platform represents a major step toward digitally unified energy management, allowing HPS customers to reduce downtime, enhance operational efficiency, and maintain full control over distributed assets in real time. Reported Earnings • Sep 30
Full year 2025 earnings released: CA$0.037 loss per share (vs CA$0.13 loss in FY 2024) Full year 2025 results: CA$0.037 loss per share (improved from CA$0.13 loss in FY 2024). Revenue: CA$2.80m (up 15% from FY 2024). Net loss: CA$2.93m (loss narrowed 55% from FY 2024). Annuncio • Aug 21
Hybrid Power Solutions Inc. announced that it has received CAD 0.5 million in funding from Eupraxia Pharmaceuticals Inc. On August 20, 2025, the Hybrid Power Solutions Inc. closed the transaction. The transaction involves participation of Eupraxia Pharmaceuticals Inc as a lead investor. Annuncio • Aug 13
Hybrid Power Solutions Inc. announced that it expects to receive CAD 0.5 million in funding from Eupraxia Pharmaceuticals Inc. Hybrid Power Solutions Inc. announced a non-brokered private placement of senior secured convertible debenture units for aggregate gross proceeds of up to CAD 500,000, led by Plaza Capital (the “Lead Investor”) at a price of CAD 1,000 per Convertible Debenture Unit for gross proceeds of CAD 500,000 on August 13, 2025. Each Convertible Debenture Unit will consist of: (i) 12% CAD 1,000 Principal Senior Secured Convertible Debenture and (ii) 20,000 common share purchase warrants exercisable for 20,000 common shares The Convertible Debentures will mature on the date that is 12 months from the date of issuance (the “Maturity Date”) and shall bear interest at a rate of 12.0% per annum, beginning on the date of issuance and payable in cash on the last business day of each calendar month. The principal sum of the Convertible Debentures, or any portion thereof, and any accrued but unpaid interest, may be converted into Common Shares at a conversion price of CAD 0.05 per Common Share subject to adjustment in the event the Company issues additional stock or convertible instruments at a price lower than the Conversion Price, as per the policies of the Canadian Securities Exchange (the “CSE”). Each Warrant shall entitle the holder to acquire one additional Common Share at a price of CAD 0.06 per Common Share (the “Exercise Price”), subject to adjustment in the event the Company issues additional warrants at a price lower than the Exercise Price, for a period of 24 months from the date of issuance. The offering is expected to close on or about August 18, 2025, subject to satisfactory completion of due diligence, negotiation of definitive documentation, and compliance with applicable securities laws and CSE policies. The Company will pay the Lead Investor a closing fee in connection with the offering comprised 4.0% of the gross proceeds arising from orders received from the Lead Investor group in the offering. The Company has also agreed to reimburse the Lead Investor for reasonable and documented out-of-pocket expenses incurred in connection with the offering in the amount of up to CAD 25,000 plus applicable taxes and disbursements. New Risk • May 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-CA$345k). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (CA$5.96m market cap, or US$4.27m). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (CA$3.4m revenue, or US$2.4m). New Risk • May 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$345k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-CA$345k). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (CA$4.19m market cap, or US$3.03m). Minor Risk Revenue is less than US$5m (CA$3.4m revenue, or US$2.4m). Annuncio • Apr 17
Hybrid Power Solutions Inc. Announces the Development of A Cross-Platform Fleet Management and Remote Monitoring Software Designed to Provide Comprehensive Overvalval and Optimized for All Hybrid Power Units Hybrid Power Solutions Inc. announced the development of a cross-platform fleet management and remote monitoring software (the "System") designed to provide comprehensive oversight and optimization for all Hybrid power units. This innovative solution is anticipated to integrate advanced artificial intelligence ("AI") functionality, GPS tracking, remote diagnostics, and both Wi-Fi and cellular communication options to enhance operational efficiency and customer experience. This new System will provide a centralized interface for monitoring all units,ering real-time insights into GPS location, shock and vibration levels, and power status. The System will include remote diagnostics, allowing customers to troubleshoot and maintain units remotely, significantly reducing downtime and support expenses. The platform will feature Wi-Fi-based monitoring, with an optional subscription-based service using cellular data for broader connectivity,ering flexibility to meet diverse operational needs. Key Features and Benefits of the System: Real-Time Monitoring.: Tracks GPS, shock, vibration, and power status across all units. Remote Diagnostics. Supports remote troubleshooting and maintenance to reduce downtime and costs. AI-Driven efficiency:Uses AI to predict usage patterns and optimize battery performance, lowering warranty and support costs. Connectivity Options:ers Wi-Fi monitoring and a subscription-based cellular data service. Data-Informed Innovation: Backend data will drive future product enhancements. AI significantly enhances battery storage solutions and solar/wind energy systems by improving efficiency, reliability, and cost-e effectiveness. Optimized Charging/Discharging.: AI predicts energy demand and supply patterns, adjusting battery charge/discharge cycles to maximize efficiency and lifespan. For example, it can prioritize charging during low-demand periods or when renewable energy is abundant. Predictive Maintenance: AI monitors battery health, detecting anomalies like degradation or overheating early, reducing maintenance costs and preventing failures. Energy Management.: AI integrates storage with grid demands, enabling smarter load balancing and reducing energy waste. This is critical for applications like microgrids or electric vehicle charging. Cost Reduction: By optimizing usage and extending battery life, AI lowers operational and replacement costs. The subscription service for the System is expected to generate recurring revenue for the Company, funding continuous advancements in fleet management technology. Annuncio • Mar 12
Hybrid Power Solutions Inc. Announces Board Changes Hybrid Power Solutions Inc. announced the appointment of Alvin Kersting to its Board of Directors, effective immediately. The Company also announced that Stephen Davidson has resigned from the Board of Directors to pursue other opportunities. Mr. Kersting is an accomplished C-Suite executive with over 25 years of leadership and consulting experience for both private and publicly-listed companies in highly regulated and advanced technology sectors, with extensive international exposure. His expertise spans business strategy, mergers and acquisitions (M&A), and operational growth, making him a valuable addition to Hybrid Power Solutions as it continues to expand its market presence. Currently, Mr. Kersting serves as a Senior Partner of Alliance Group Holdings Inc. and is an executive board member of Eye Care Professionals (ECP), a private equity acquisition firm. He also acts as an advisor to a U.S.-domiciled yacht charter company and serves as a Corporate Development and JV advisor to DiningTek, an AI-driven restaurant marketplace software company. Previously, Mr. Kersting was a Board Member for the American Chamber of Commerce in Canada and the Ontario Aerospace Council. In addition, he has held 5-year Controlled Goods Program verification terms required to work with the Department of Defense (DoD), underscoring his extensive experience in managing compliance and regulatory standards for advanced technology sectors. This appointment reflects Hybrid Power Solutions' ongoing commitment to strengthening its leadership team and enhancing corporate governance as it navigates an evolving energy landscape. The Company also announced that Stephen Davidson has resigned from the Board of Directors, effective immediately. Mr. Davidson has been a key contributor to Hybrid Power Solutions' growth strategy and investor relations efforts. His expertise in capital markets and shareholder communications has been invaluable during his tenure. Mr. Davidsons resignation is not due to any disagreement with the Companys operations, policies, or practices but a desire to pursue new opportunities and focus on other professional endeavors. Strengthening Leadership for Continued Growth: The addition of Alvin Kersting to the Board reflects Hybrid Power Solutions' ongoing commitment to strengthening its leadership team and enhancing corporate governance as it navigates an evolving energy landscape. New Risk • Mar 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.7m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 52% per year over the past 5 years. Market cap is less than US$10m (CA$5.45m market cap, or US$3.82m). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (CA$3.5m revenue, or US$2.4m). Reported Earnings • Jan 31
Second quarter 2025 earnings released: CA$0.007 loss per share (vs CA$0.064 loss in 2Q 2024) Second quarter 2025 results: CA$0.007 loss per share (improved from CA$0.064 loss in 2Q 2024). Revenue: CA$1.03m (up 73% from 2Q 2024). Net loss: CA$559.9k (loss narrowed 73% from 2Q 2024). Annuncio • Nov 29
Hybrid Power Solutions Inc. Announces Board Changes Hybrid Power Solutions Inc. announced important leadership changes designed to drive strategic growth and enhance operational efficiency. These changes include the promotion of Muneer Yoosuf to Chief Financial Officer, the appointment of Bruno Antidormi as a new board member, both such appointments are to take effective November 26, 2024, and the resignation of Alex McAulay as Chief Financial Officer and board member, effective November 15, 2024. The Company appointed Bruno Antidormi to its board of directors, subject to review and approval by the Canadian Securities Exchange. A seasoned construction industry leader, Bruno recently retired from EllisDon Corporation, where he served as Senior Vice President overseeing major projects in the Greater Toronto Area. With over 35 years of experience, Bruno has managed large-scale, complex projects across various sectors, including healthcare, and has been instrumental in delivering high-value construction projects on time and within budget. The Company announced the resignation of Alex McCaulay from his role as a member of the board effective November 15, 2024. Reported Earnings • Oct 29
Full year 2024 earnings released: CA$0.13 loss per share (vs CA$0.10 loss in FY 2023) Full year 2024 results: CA$0.13 loss per share (further deteriorated from CA$0.10 loss in FY 2023). Revenue: CA$2.44m (down 26% from FY 2023). Net loss: CA$6.51m (loss widened 128% from FY 2023). New Risk • Sep 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.5m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue has declined by 30% over the past year. Market cap is less than US$10m (CA$8.47m market cap, or US$6.23m). Minor Risk Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Annuncio • Aug 06
Hybrid Power Solutions Inc., Annual General Meeting, Oct 17, 2024 Hybrid Power Solutions Inc., Annual General Meeting, Oct 17, 2024. Location: ontario, etobicoke Canada New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.5m free cash flow). Revenue has declined by 30% over the past year. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Market cap is less than US$100m (CA$14.6m market cap, or US$10.6m). New Risk • Jul 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.3m (US$8.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.5m free cash flow). Revenue has declined by 30% over the past year. Market cap is less than US$10m (CA$12.3m market cap, or US$8.94m). Minor Risk Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Annuncio • Jul 16
Hybrid Power Solutions Inc. has completed a Composite Units Offering in the amount of CAD 0.6 million. Hybrid Power Solutions Inc. has completed a Composite Units Offering in the amount of CAD 0.6 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 3,000,000
Price\Range: CAD 0.2
Discount Per Security: CAD 0 New Risk • Jun 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.2m (US$8.87m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.5m free cash flow). Revenue has declined by 30% over the past year. Market cap is less than US$10m (CA$12.2m market cap, or US$8.87m). Minor Risk Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Reported Earnings • May 01
Third quarter 2024 earnings released: CA$0.03 loss per share (vs CA$0.018 loss in 3Q 2023) Third quarter 2024 results: CA$0.03 loss per share (further deteriorated from CA$0.018 loss in 3Q 2023). Revenue: CA$726.8k (up 1.2% from 3Q 2023). Net loss: CA$2.12m (loss widened 331% from 3Q 2023). New Risk • Apr 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Negative equity (-CA$1.4m). Revenue has declined by 18% over the past year. Minor Risks Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Market cap is less than US$100m (CA$21.2m market cap, or US$15.4m). Annuncio • Apr 17
Hybrid Power Solutions Inc. has filed a Follow-on Equity Offering. Hybrid Power Solutions Inc. has filed a Follow-on Equity Offering.
Security Name: Common units
Security Type: Equity/Derivative Unit
Securities Offered: 5,000,000
Price\Range: $0.3 New Risk • Jan 30
New major risk - Revenue and earnings growth Revenue has declined by 18% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Negative equity (-CA$1.4m). Revenue has declined by 18% over the past year. Minor Risks Revenue is less than US$5m (CA$2.3m revenue, or US$1.7m). Market cap is less than US$100m (CA$30.6m market cap, or US$22.8m). Reported Earnings • Jan 30
Second quarter 2024 earnings released: CA$0.064 loss per share (vs CA$0.018 loss in 2Q 2023) Second quarter 2024 results: CA$0.064 loss per share (further deteriorated from CA$0.018 loss in 2Q 2023). Revenue: CA$603.4k (down 16% from 2Q 2023). Net loss: CA$2.06m (loss widened 319% from 2Q 2023). Annuncio • Jan 17
Hybrid Power Solutions Launches Batt Pack Spark as A Fuel-Free Alternative to 25KW Diesel Generator Hybrid Power Solutions Inc. announce the launch of its latest product, the Batt Pack Spark. As the newest product in their fuel-free, portable power line-up, the Batt Pack Spark is designed to meet growing demand for clean, safe and cost-effective power solutions on construction, military, mining and job sites. The Batt Pack Spark serves as a compelling fuel-free alternative to diesel generators. In terms of performance, it can be most easily compared to a 25kW towable diesel generator, which is one of the most commonly used models on the market. This innovative product is available in both a hybrid and all-electric model. Key features include: Powerful Performance: With 24,000W of continuous power and the capability to handle up to 48,000W of surge power, the Batt Pack Spark ensures reliable and robust performance across diverse applications. Energy Storage Capacity: Equipped with a 28kWh capacity, the Batt Pack Spark offers an efficient energy storage solution, catering to the demands of extended usage. Weatherproof: Rated to operate in extreme conditions, from -30°C to 50°C, the Batt Pack Spark is a resilient and adaptable power solution for various environments and can be used both indoors and outdoors. Solar Input Power: Harnessing the power of the sun, the Batt Pack Spark features an impressive 18,000W of solar input power, enhancing its capability for off-grid operations. Versatile Charging Options: The Batt Pack Spark can be charged via multiple sources, including solar panels, the grid, or a generator, providing flexibility. Comprehensive Accessories: To enhance its functionality, the Batt Pack Spark comes with accessories such as a 90,000 lumen light tower, a towable trailer for easy transport, and folding solar panels for added convenience. The all-electric model of the Batt Pack Spark provides companies with a net-zero power solution, completely offsetting fuel consumption. On the other hand, the hybrid model is perfect for round the clock and off grid usage and can reduce fuel costs by up to 75% when solar isn't available. As with the rest of Hybrid's portable products, the Batt Pack Spark is proudly engineered & built in Canada. The launch of the Batt Pack Spark highlights Hybrid's dedication to manufacturing cost- effective and environmentally friendly choices for industries seeking sustainable power solutions. Annuncio • Jan 10
Hybrid Power Solutions Files Provisional Patent for Battery Heating Technology Hybrid Power Solutions Inc. has filed for a provisional patent with the United States Patent and Trademark Office (USPTO) for its ground-breaking battery heating technology. The application, titled 'A System and Method for Internal Battery Heating Through High Frequency and High Amperage Short Circuit Current', aims to revolutionize the process of battery heating by implementing high-frequency, high-amperage short circuits to internally heat batteries. Unlike conventional external heating methods, this system reduces heating time while consuming less power. The newly developed system delivers more uniform heating across batteries, a crucial factor in ensuring consistent performance and durability. By mitigating the impact of temperature variations within the battery, this technology has the potential to extend the lifespan of battery cells, contributing to enhanced reliability and longevity. The application, with a number assigned as 63/509,289, demonstrates Hybrid Power Solutions' dedication to pioneering advancements that align with their mission of sustainable energy innovation and environmental responsibility. Board Change • Dec 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. President, CEO, Treasurer & Director Francois Renaud-Byrne is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 