13:44:13 EST Tue 24 Feb 2026
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Hybrid Power Solutions Inc. - Common Shares
Symbol HPSS
Shares Issued 103,013,283
Close 2026-02-23 C$ 0.06
Market Cap C$ 6,180,797
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ORIGINAL: Hybrid Power Solutions Announces Repeat Orders for Industrial and Mobile Applications

2026-02-24 08:36 ET - News Release

(via TheNewswire)

Hybrid Power Solutions Inc.

Recent Orders Total Ten Batt Pack Pro units and Two Batt Pack Jupiter units

TORONTO, Ontario February 24, 2026 – TheNewswire - 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 orders for a total of twelve (12) Batt Pack units across its two flagship product lines. This includes:

  • Two (2) units for the Batt Pack Pro (BPP) from a customer in the transportation and logistics sector, building on prior relationships;  

  • Eight (8) units for BPP consisting of multiple repeat purchases from established customers in the mining sector;  

  • One (1) new order for the Batt Pack Jupiter (BPJ) specifically configured for specialized marine and underwater applications; and  

  • An additional repeat order for a BPJ unit from a Western Canada municipality.  

These twelve units reflect increasing customer confidence in Hybrid’s reliable, fuel-free technology for off-grid, remote, and vehicle-integrated applications. Growing order volumes and repeat deployments highlight expanding adoption as fleets and operators standardize on the platform across multiple vehicles and job sites.

“It is encouraging to see renewed activity within the mining sector, with recent orders and repeat engagements across key product lines demonstrating robust market validation of our fuel-free power solutions in real-world, high-intensity applications,” said Francois Byrne, CEO and Director of Hybrid Power Solutions. “A new custom order within marine applications also highlights the durability and versatility of our battery platform as it expands into additional end markets. We continue to see increasing interest from professionals across transportation, defence, marine, municipal, and industrial sectors who require rugged, portable clean energy for mobile and remote operations. This sales activity positions us well for continued growth as we broaden distribution channels and increase awareness throughout North America and internationally.”

This momentum aligns with Hybrid’s broader strategy to accelerate the use of clean, portable energy solutions across work trucks, contractor vehicles, specialty automotive upfits, remote operations, heavy-duty trucking, and other mission-critical environments. The Company’s battery systems support improved productivity, lower operating costs, and enhanced environmental compliance for its growing customer roster. Hybrid’s Batt Pack series is designed for seamless integration into vehicles, trailers, and off-grid configurations, delivering high-efficiency power without the noise, maintenance, or emissions associated with traditional generators.

Hybrid remains focused on continued product innovation and strategic partnerships to expand availability and drive broader adoption of these solutions. Deliveries are expected to be completed in the fourth quarter ending May 31 st , 2026.

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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