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Hybrid Power Solutions Inc
Symbol HPSS
Shares Issued 103,013,283
Close 2026-05-13 C$ 0.055
Market Cap C$ 5,665,731
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Hybrid Power receives $1.5M purchase order from LMDH

2026-05-13 16:36 ET - News Release

Mr. Francois Byrne reports

HYBRID POWER SOLUTIONS SECURES LARGEST ORDER TO DATE VALUED AT OVER C$1.5 MILLION

Hybrid Power Solutions Inc. has received a $1.5-million purchase order from its distributor LMDH Equipment Sales for the rental supply of Spark hybrid systems to Location GM. This follow-up order builds on the success of an initial agreement with Location GM, a prominent Quebec-based equipment rental specialist, for the delivery of nine Spark units valued at $521,100.

The order consists of six 20-kilowatt-hour Spark hybrid units and four 30-kilowatt-hour Spark hybrid units, each paired with a dedicated generator and trailer, for a total value exceeding $1.5-million. This marks the largest order in the company's history, and highlights growing demand and strong user economics for its reliable, emission-free power solutions in industrial applications.

"Securing this significant rental fleet order is a major milestone for Hybrid," said Francois Byrne, chief executive officer and founder of Hybrid Power Solutions. "It demonstrates strong confidence in our Spark hybrid platform from both our distributor LMDH and the end customers at Location GM. This order is a signal that the market is transitioning to hybrid technology as an industry standard. Rentals offer great exposure to a large variety of high-profile customers."

LMDH Equipment Sales continues to play an important role in expanding access to advanced rental-ready power and fuel solutions across North America. Operating in Canada and the United States, LMDH Equipment Sales specializes in fuel tanks and power equipment for rental fleets, making it a strong channel partner for customers seeking dependable, field-proved equipment solutions.

Location GM is a well-established provider serving the equipment rental market in Quebec, with a focus on supplying specialized solutions tailored to demanding job site and industrial applications. Through its rental fleet offering, Location GM helps customers access reliable equipment that supports productivity, flexibility and efficient project execution. Deliveries of the units are scheduled to commence in June, 2026.

About Hybrid Power Solutions Inc.

Hybrid Power 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.

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