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Hybrid Power Solutions Inc. · Investor Relations
From the front line to the mine face. Portable battery and hybrid power for defence, mining and infrastructure
Hybrid Power Solutions supplies fuel-free and hybrid power to military programs, mining operations and major infrastructure fleets. Repeat customers, a growing patent portfolio and a C$19.3 million sales pipeline1 are building the base for the company’s next stage of growth.
September 2026 · PDF · Opens in a new tab · Get news releases by email
- CSE: HPSS
- OTCQB: HPSIF
- FSE: E092
- 9orders through U.S. partner Military Battery Systems since August 2024
- C$560KEuropean defence purchase order, June 2026
- +707%Q4 fiscal 2026 revenue growth year over year
- C$19.3Msales pipeline through September 20281
Defence. Mining. Infrastructure.
One power platform.
Hybrid Power Solutions Inc. (CSE: HPSS | OTCQB: HPSIF | FSE: E092) is a Canadian small-cap clean-power company, founded in 2015, that designs and manufactures portable battery and hybrid power systems. Its Batt Pack, Spark and TERRA products replace or reduce generator use for defence and public-safety programs, mining, construction, rail and transit, and off-grid sites. Products are presented on the company’s product website.
Watch · 30 seconds
Hybrid Power Solutions in 30 seconds
Fuel-free and hybrid generators, from portable Batt Packs to industrial Spark and TERRA systems, working in construction, mining, rail and defence.
Music and on-screen text, no narration.
Watch CEO interviews and product demosThe investment case
Four growth drivers behind Hybrid Power Solutions
HPS is converting a broad product platform into repeat business across defence, mining and infrastructure, while building the intellectual property behind it. Each driver below links to the announcement behind it.
Get to know HPSExpanding defence demand
Nine orders through U.S. distribution partner Military Battery Systems since August 2024 for U.S. military-related programs, most recently 20 Batt Pack Pro units for U.S. Air Force use. HPS also received a C$560,000 European defence order and added Canadian defence distribution through Cantec Systems.
Repeat customers in mining and infrastructure
Customers come back. HPS has reported repeat Batt Pack Pro purchases from established mining customers, follow-on orders from Canada’s largest transit commission, and repeat orders in transportation, marine and municipal markets.
A growing IP portfolio
HPS holds U.S. Patent No. 11,870,288 for its intelligent battery system, has filed a patent application for an AI-powered energy management system, and has a patent-pending Solar Tarp portable solar product. Its IoT fleet-management platform has advanced to beta customer trials.
Larger orders and wider channels
Fiscal 2026 brought the largest order in company history, valued at over C$1.5 million for 10 Spark hybrid systems, a first order from MTA New York City Transit, and new distribution agreements across North America.
Pipeline and results
A C$19.3 million sales pipeline through September 2028
As of September 22, 2026, HPS reported a sales pipeline of approximately C$19.3 million covering expected opportunities from October 2026 to September 2028. This is up from C$12.5 million in active, quoted opportunities disclosed in June 2026.
1 Includes approximately C$1.5 million in booked backlog and C$17.8 million in active, quoted opportunities. Quoted opportunities are not firm orders and may not convert to revenue in the amounts or on the timing expected. See the forward-looking information below and the fiscal 2026 results release.
| Sector | C$M | Share |
|---|---|---|
| OEM | 5.5 | 29% |
| Rental and construction | 3.9 | 20% |
| Utilities and government | 3.3 | 17% |
| Defence | 1.7 | 9% |
| Other: fleet, EV and industrial; transit; international; distribution; mining | 4.9 | 25% |
| Total pipeline | 19.3 | 100% |
Latest results: fourth quarter, fiscal 2026
Q4 revenue was C$886,333, up 707% year over year and 82% from the prior quarter, and the quarterly net loss narrowed 27% year over year. Full-year fiscal 2026 revenue was C$1.95 million, down 30% after a slower first half, with a net loss of C$2.63 million, a 10% improvement.
Read the fiscal 2026 resultsStock information
HPSS stock and share structure
Hybrid Power Solutions trades on the Canadian Securities Exchange as HPSS, with U.S. and European quotations as HPSIF and E092. Its fiscal year ends May 31.
Quote data is delayed and provided by TradingView. Share figures are from the CSE listing, as of October 19, 2026.
| Primary listing | CSE: HPSS |
|---|---|
| Other quotations | OTCQB: HPSIF · FSE: E092 |
| Shares issued and outstanding | 154,219,950 |
| Reserved for issuance | 38,738,747 |
| Fiscal year end | May 31 |
Leadership
Management and board of directors
Francois Byrne
Founder, CEO and Director
Engineer and MBA who founded HPS in 2015 to replace generators with battery power on work sites.
Muneer Yoosuf
Chief Financial Officer
More than 20 years in accounting and finance across manufacturing, construction, and defence and aerospace.
Rafael Oliveira, PhD
Head of Engineering
Power-electronics specialist with over 25 years in engineering, including research at Toronto Metropolitan University and the University of Toronto.
Angelo Catenaro
Director
Founded Vecture Inc., a Canadian exporter of lithium-ion battery management systems acquired by Eberspaecher in 2016.
Alvin Kersting
Director
C-suite executive with 25+ years in regulated and advanced-technology sectors; former board member of the Ontario Aerospace Council.
Paul Gorman
Director
25+ years in small-cap finance and public listings; former President and Managing Partner of Riverbank Capital.
Bruno Antidormi, P.Eng.
Director
Retired Senior Vice President at EllisDon and past Chairman of the Toronto Construction Association.
Technology and markets
Markets for HPS battery and hybrid power
The same need runs through every market HPS serves: reliable power where generators are costly, loud or impractical.
Explore our productsMining
Portable power for underground and remote mine sites, with repeat purchases from established mining customers. Mining investor page →
Infrastructure, transit and rental
Construction, rail and transit maintenance, and equipment-rental fleets that need to cut generator runtime on site.
Remote, off-grid and government
Utilities, municipalities and remote sites where grid power is limited or unavailable.
Milestones and disclosures
Recent milestones and investor resources
Investor presentation
A closer look at Hybrid Power Solutions.
Review the company’s September 2026 presentation alongside its public announcements and financial disclosures.
Download investor presentation (PDF)PDF · Opens in a new tab
Financial results · September 30, 2026
Fourth-quarter and fiscal 2026 results
Revenue, pipeline and outlook ↗ Defence · September 28, 202620 Batt Pack Pro units for U.S. Air Force use
Ninth order through Military Battery Systems ↗ Intellectual property · September 2, 2026Patent application for AI-powered energy management
Optimizing battery, solar, generator and grid power ↗ Defence · June 18, 2026C$560,000 European defence order
Dozens of Batt Pack Pro units ↗ Mining and industrial · February 24, 2026Repeat orders, including mining customers
Ten Batt Pack Pro and two Batt Pack Jupiter units ↗ Financial reporting · Posted October 13, 2026Annual financial statements and MD&A
For the year ended May 31, 2026 ↗Newsroom
Latest Hybrid Power Solutions news releases
Updated automatically as new announcements are posted.
- Hybrid Power Solutions Reports Fourth Quarter and Fiscal 2026 Financial Results
- Hybrid Power Solutions Receives Purchase Order for 20 Batt Pack Pro Units for U.S. Air Force
- Hybrid Power Solutions Inc. Announces Closing of Non-Brokered Private Placement
- Hybrid Power Solutions Establishes Larger Manufacturing Facility in Mississauga, Ontario to Support Increased Production
- Hybrid Power Solutions Inc. Files Patent Application for Advanced AI-Powered Energy Management System
- Hybrid Power Solutions Inc. to Exhibit at Public Works and Defence Industry Conferences
Investor essentials
Investor questions about Hybrid Power Solutions
What does Hybrid Power Solutions do?
Hybrid Power Solutions Inc. designs and manufactures portable battery and hybrid power systems that replace or reduce generator use. Its customers include defence and public-safety programs, mining operations, construction and rental fleets, rail and transit agencies, and off-grid sites. See the HPS markets overview.
Where does Hybrid Power Solutions stock trade?
Hybrid Power Solutions Inc. is a small-cap company listed on the Canadian Securities Exchange under the symbol HPSS. It is also quoted as HPSIF on the OTCQB in the United States and E092 on the Frankfurt Stock Exchange. See the CSE listing for Hybrid Power Solutions Inc.
What is driving growth at Hybrid Power Solutions?
HPS points to four drivers: growing defence demand, repeat customers in mining and infrastructure, an expanding patent portfolio, and larger orders through wider distribution. In its fiscal 2026 results, the company reported Q4 revenue up 707% year over year and a sales pipeline of about C$19.3 million. Pipeline figures include quoted opportunities that are not firm orders.
What defence work does Hybrid Power Solutions do?
HPS has received nine orders through U.S. partner Military Battery Systems since August 2024 for U.S. military-related programs, including 20 Batt Pack Pro units for U.S. Air Force use. It also received a C$560,000 European defence order in June 2026 and distributes to Canadian defence customers through Cantec Systems.
Does Hybrid Power Solutions have repeat customers?
Yes. HPS has announced repeat orders from established mining customers, follow-on orders from Canada’s largest transit commission, repeat orders through Military Battery Systems, and repeat orders in transportation, marine and municipal markets.
What intellectual property does Hybrid Power Solutions have?
HPS holds U.S. Patent No. 11,870,288 for an intelligent battery system that coordinates multiple batteries with a load. In September 2026 it filed a patent application for an AI-powered energy management system, and its Solar Tarp portable solar product is patent pending.
What is a hybrid power system?
A hybrid power system combines battery energy storage with another power source, such as a generator, solar panels, or the grid. The battery powers the equipment and the other source recharges it or supports peak demand. Depending on the application, this can reduce how long a fuel generator needs to run.
What products does Hybrid Power Solutions offer?
The HPS product range includes the Batt Pack Energy, Batt Pack Pro, and Batt Pack Jupiter portable power packs, the Spark mobile battery generator, and the TERRA high-output power system. Current models and specifications are on the HPS product website.
Who leads Hybrid Power Solutions?
Hybrid Power Solutions is led by founder, CEO and director Francois Byrne, with CFO Muneer Yoosuf and Head of Engineering Rafael Oliveira, PhD. The board includes Angelo Catenaro, Alvin Kersting, Paul Gorman and Bruno Antidormi. See the HPS management and board overview.
How many Hybrid Power Solutions shares are outstanding?
According to the CSE listing for Hybrid Power Solutions Inc., the company had 154,219,950 common shares issued and outstanding and 38,738,747 shares reserved for issuance as of October 19, 2026.
Where can I find Hybrid Power Solutions financial statements and disclosures?
Annual financial statements, MD&A including risk factors, and results announcements are linked in the investor resources section of this page. The HPS company news archive holds earlier announcements, and filings are available on SEDAR+.
How can I contact Hybrid Power Solutions investor relations?
Email the HPS investor-relations team at invest@hybridps.ca. To receive company announcements by email, use the HPS investor email signup.
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Investor relations: invest@hybridps.ca · +1 866-549-2743
Forward-looking information
This page contains forward-looking information under Canadian securities legislation, including statements about growth, the sales pipeline and its conversion to revenue, defence demand, order delivery, margins and intellectual property. It is based on management’s estimates and assumptions as of the date of the relevant disclosure and is subject to risks and uncertainties that could cause actual results to differ materially. Pipeline figures include quoted opportunities that are not firm orders; orders may be delayed, modified or cancelled; and patent applications may not result in granted patents. See the risk factors in the company’s MD&A. Readers should not place undue reliance on forward-looking information, and HPS undertakes no obligation to update it except as required by law.