20:39:18 EDT Fri 12 Jun 2026
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Aegis Critical Energy Defence Corp
Symbol QESS
Shares Issued 134,761,165
Close 2026-06-12 C$ 0.38
Market Cap C$ 51,209,243
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Aegis BESS approved by B.C. Hydro, unlocks rebates

2026-06-12 17:48 ET - News Release

Mr. Ramtin Rasoulinezhad reports

AEGIS CRITICAL DEFENCE ENERGY ACHIEVES BC HYDRO SUPPLIER REGISTRATION FOR FULLY CERTIFIED BATTERY ENERGY STORAGE SYSTEMS, ENABLING CLIENT REBATES OF UP TO 80%

Aegis Critical Defence Energy Corp. and Malahat Energy Systems Inc. has noted the PWR-FLEX 261Q has successfully met all B.C. Hydro technical and certification requirements to be registered on B.C. Hydro's qualified supplier list for battery energy storage systems. This milestone enables eligible clients to access rebates of up to 80 per cent under applicable B.C. Hydro energy storage incentive programs, significantly improving project economics and supporting wider adoption of Aegis and Malahat solutions.

Through its strategic partnership with SEETEL New Energy (Taiwan) (7740.TW), Aegis supplies the PWR-FLEX 261Q commercial battery energy storage system to the Canadian market. The underlying battery platform, manufactured by Aurosi Precision, appears on B.C. Hydro's qualified battery storage list under model CX-BGB010050000261-BL, confirming that the technology has satisfied B.C. Hydro's independent technical, safety and certification review.

"Securing supplier registration with major Utility like B.C. Hydro is a key validation of our technology," said Ramtin Rasoulinezhad, chief executive officer of Aegis Critical Defence Energy. "This supports our ability to supply the PWR-FLEX 261Q to commercial, industrial, indigenous, and customers in British Columbia and other parts of North America."

Key highlights for investors and clients

  • B.C. Hydro supplier registration achieved:
    • The PWR-FLEX 261Q system is now listed on B.C. Hydro's qualified battery storage/supplier list via the certified Aurosi Precision platform (model CX-BGB010050000261-BL), reducing deployment risk and supporting scalable market entry.
  • Up to 80-per-cent rebate for eligible projects:
    • As a registered solution, eligible customer may be able to receive rebates of up to 80 per cent under applicable B.C. Hydro programs, enhancing project returns, lowering upfront capital and shortening decision timelines.
  • Immediate deployment across British Columbia:
    • Registration supports near-term deployment opportunities in commercial, industrial, indigenous community and critical infrastructure applications, providing additions to the company's pipeline.
  • Accelerated market access and competitive positioning:
    • Inclusion on the qualified supplier list reduces barriers to adoption and positions Aegis among a limited number of providers with B.C. Hydro-recognized commercial energy storage systems.

Streamlined prefeasibility for faster project development

To fully leverage the B.C. Hydro registration and incentive framework, Aegis will offer streamlined prefeasibility assessments for prospective customers, including:

  • Review of historical and current energy usage;
  • Analysis of outage history and resiliency needs;
  • Preliminary battery sizing and system configuration;
  • Initial review of potential eligibility for B.C. Hydro rebates (including up to 80-per-cent funding where applicable).

These services are designed to help clients quickly understand technical fit, economics and incentive pathways, while providing investors with a repeatable, scalable project development process.

About PWR-FLEX 261Q

The PWR-FLEX 261Q is a commercial-grade battery energy storage system designed for demand charge management, backup power, resiliency and grid support. Deployed in Canada through Aegis's strategic partnership with SEETEL New Energy, the system integrates the certified Aurosi Precision battery platform with advanced controls to deliver reliable, scalable energy storage tailored to customer and grid requirements.

About Aegis Critical Energy Defence Corp.

Aegis Critical Energy Defence is a Canadian-based energy technology company focused on the development of secure and resilient energy systems for critical infrastructure. The company's integrated platform combines advanced energy storage, hybrid and distributed generation systems, intelligent control architectures, and cybersecurity to deliver high-reliability solutions for applications across defence, marine, remote and industrial sectors.

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