23:19:01 EDT Thu 12 Mar 2026
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Hybrid Power Solutions Inc
Symbol HPSS
Shares Issued 103,013,283
Close 2026-03-12 C$ 0.055
Market Cap C$ 5,665,731
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Hybrid Power Solutions sells nine units to Location GM

2026-03-12 17:28 ET - News Release

Mr. Francois Byrne reports

TWO UNITS ALREADY DELIVERED AND OPERATIONAL AT MAJOR MONTREAL AIRPORT CONSTRUCTION PROJECT

Hybrid Power Solutions Inc. has struck an agreement with Location GM, a prominent Quebec-based equipment rental specialist, for the delivery of a total of nine of Hybrid's Spark units, representing a value of $521,100.

Under the agreement, Hybrid has already delivered the first two Spark units, which are now successfully installed and being operated by a major North American construction company for a project at the Montreal airport. These initial units provide reliable, emissions-free power in a demanding, high-profile infrastructure construction environment where silent, zero-emission operation is critical to meet site requirements and sustainability objectives. The remaining seven Spark units are scheduled for delivery in the fourth quarter (May) 2026 to support Location GM's growing inventory of clean power solutions for rental to contractors across the province.

"This agreement with Location GM to deliver nine Spark units marks an important expansion of our clean power solutions into Quebec's commercial construction and equipment rental markets," said Francois Byrne, chief executive officer and director of Hybrid Power Solutions. "With two units already powering critical work at the Montreal airport project, we are demonstrating the real-world performance and value of the Spark in large-scale construction settings. Partnering with a respected rental leader like Location GM will make our fuel-free technology more accessible to contractors' province-wide, accelerating adoption of sustainable power alternatives on job sites."

The collaboration enables contractors to access Hybrid's Spark systems through Location GM's rental network, allowing them to trial and deploy clean, dependable power for excavation, elevation, material handling and other on-site needs. This partnership aligns with increasing demand for emissions-free equipment options that support productivity while advancing environmental and regulatory goals.

This order is part of the LMDH Equipment Sales Inc. advance purchase order previously disclosed in October, 2025. The agreement with Location GM forms part of a larger strategic initiative to broaden the company's product offerings by partnering with both domestic and international rental companies. These collaborations focus on delivering reliable power solutions tailored to the needs of contractors and industrial clients.

About Spark series portable power

The Spark series offers high-capacity, modular portable power with continuous outputs up to 24 kiliwatt hours and energy storage from 20 kWh to 60 kWh, making it ideal for construction sites, remote projects and equipment-intensive applications. Solar-ready and hybrid-capable, the Spark enables integration with renewable sources for extended off-grid run time, helping contractors reduce emissions, noise, fuel costs and regulatory compliance burdens.

About Location GM

Location GM maintains strategically positioned branches throughout Quebec, enabling access to one of the province's most extensive and diversified inventories of heavy machinery, excavation equipment, aerial work platforms, forklifts and specialized tools.

About Hybrid Power Solutions Inc.

Hybrid Power Solutions is a Canadian clean energy innovator that specializes in developing portable power systems which 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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