Dr. Praveen Jain reports

SPARQ RECEIVES EXPANDED PURCHASE ORDER FOR $32 MILLION OF MICROINVERTERS

Sparq Systems Inc. has received a purchase order to supply $32-million of its Q2000 Quad Microinverters for deployment in the Indian market. This purchase order expands the previously announced order for Q2000 Quad Microinverters disclosed on March 11, 2026.

"This expanded order is a strong validation of both our technology and our ability to support large-scale deployments with leading partners. We are seeing meaningful momentum in India, and this order positions us to accelerate our growth in one of the world's most dynamic solar markets while continuing to demonstrate the advantages of our Quad Microinverter platform at scale," commented Dr. Praveen Jain, chief executive officer of Sparq.

About Sparq Systems Inc.

Sparq designs and manufactures next-generation PV microinverters that redefine performance, reliability and cost for residential and commercial solar. Its proprietary quad microinverter uniquely optimizes four PV modules with a single device -- dramatically simplifying system design and installation while delivering a lower total cost of ownership than conventional solutions. Built from the ground up for longevity, Sparq's inverters eliminate failure-prone electrolytic capacitors and use advanced AI-driven algorithms to ensure ultrahigh reliability. The result is a solar inverter platform engineered to last as long as the PV panels themselves -- maximizing energy yield, uptime and long-term value.

Sparq's head office is located at 945 Princess St., Kingston, Ont., K7L 0E9.

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