CHARBONE Secures Long-Term Hydrogen Supply Contract with Hone Inc. to Support Clean Energy Solutions for the Entertainment Industry

Executive Summary

• CHARBONE Corporation has entered into a binding, long-term hydrogen supply contract with Hone Inc., formalizing and extending a commercial relationship that began with initial sales in January 2026.
• The agreement supplies clean ultra-high purity (UHP) hydrogen to power Hone’s mobile generator systems, which serve as zero-emission alternatives to diesel generators for film and television productions.
• While specific volume and pricing terms are confidential, the two-year contract demonstrates growing commercial traction and demand for CHARBONE’s hydrogen in the entertainment sector, validated by usage from a major Hollywood studio.

Key Details

• Counterparty: Hone Inc., an Ontario-based provider of mobile hydrogen power solutions for film/TV production, fleet EV charging, construction, and remote communities.
• Contract Term: Two years, binding in nature.
• Product/Service: Supply of clean UHP hydrogen fuel for Hone’s proprietary Fuel Block™ delivery and drop-and-swap refueling system.
• Application: Powers Hone’s trailer-mounted 165 kW hydrogen ICE generator systems, replicating standard 1,400-amp diesel gensets on production sets.
• Environmental Impact: Each generator day displaces more than 1.5 tonnes of CO₂ compared to diesel operations.
• Commercial History: Follows CHARBONE’s January 22, 2026 announcement of its first hydrogen sales to Hone in Ontario.
• Market Validation: A major Hollywood Studio with multiple productions filming in Toronto has already utilized Hone’s hydrogen generator service and CHARBONE’s clean hydrogen.
• Financial/Volume Disclosure: Volume, pricing, and financial terms are not disclosed to maintain competitive positioning in the market.
• Supply/Demand Context: Demand for clean UHP hydrogen continues to outpace available supply, underscoring the strategic importance of expanding CHARBONE’s production network.

Notable Quotes

• Dave Gagnon, Chairman & CEO, CHARBONE: “This long-term supply agreement with Hone is a direct extension of the commercial momentum we established earlier this year, and it reflects something meaningful: the entertainment industry is not just testing hydrogen, it is integrating it into active studio production workflows... We are proud to be the supply partner enabling that transition, and we look forward to supporting Hone and their clients across what we expect to be a growing number of Hollywood productions.”
• Ry Smith, CEO, Hone: “Partnering with CHARBONE on a long-term basis gives Hone the supply certainty we need to confidently serve our clients across multiple Hollywood productions, and a diverse range of other industries and clients. Clean, reliable hydrogen is the foundation of our service offering, and CHARBONE’s clean UHP hydrogen meets the quality and logistics standards our customers depend on.”