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Hybrid Power Solutions Inc. - Common Shares
Symbol HPSS
Shares Issued 103,013,283
Close 2026-05-01 C$ 0.045
Market Cap C$ 4,635,598
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ORIGINAL: Hybrid Power Solutions Secures Follow-on Order from Canada's Largest Transit Commission

2026-05-04 07:01 ET - News Release

(via TheNewswire)

Hybrid Power Solutions Inc.
 

TORONTO, Ontario – TheNewswire - May 4, 2026 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) (“Hybrid” or the “Company”), an emerging leader in the delivery of fuel-free clean power solutions, announces it has secured a follow-on order from Canada’s Largest Transit Commission. The order includes the Company’s standard 30 kWh Spark portable power system along with a towable trailer for mobile deployment.

“Continued orders from a major Canadian transit commission highlight the reliability of our solutions and the adaptability of our platform,” said Francois Byrne, CEO of Hybrid Power Solutions. “Working closely with leading public sector customers allows us to better understand evolving operational requirements, refine product fit, and address high-value use cases, while we a build a book of sustainable repeat business with several marquee customers. This latest order reinforces the flexibility of our Spark platform in addressing the dynamic power requirements of transit systems, while highlighting a practical path for municipalities to adopt cleaner energy solutions without sacrificing reliability. We see this as a foundation for ongoing collaboration, with opportunities to expand deployments and support future electrification initiatives.”

 

 
 

Hybrid Spark with Towable Trailer

The 30 kWh Spark with trailer will be deployed to support the transit operator’s sustainability goals, providing reliable, fuel-free power for generic tools, repairs, maintenance, and construction activities across the transit rail system. The unit will be particularly valuable for weekend construction work conducted in between roadways for the streetcars in locations where grid power is unavailable, enabling safe and efficient operations while eliminating reliance on traditional diesel generators. This announcement follows a $203,000 order from the same customer on March 24, 2026 for a custom designed Spark Cube .

About Hybrid Power Solutions

Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol "HPSS." The Company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.

On Behalf of the Company,

Francois Byrne, CEO and Director

For further information, inquiries, or media opportunities, please contact:

Hybrid Power Solutions
E: invest@hybridps.ca
T: 866-549-2743
www.investhps.com

Investor Relations
Dean Stuart
E: dean@boardmarker.net
T: 403-617-7609

Sophic Capital

Sean Peasgood

E: Sean@SophicCapital.com

T: 437-836-8862

Forward-Looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by terminology such as "will," "expects," "anticipates," or variations of such words and phrases, or by statements that certain actions, events, or results "will" occur. Forward-looking statements are based on management’s estimates as of the date such statements are made and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

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