Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.350 −7.9% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.398 −1.9% LOT 0.040 +0.0% CPL 0.210 +10.5% HWY 0.370 +0.0% FCI 0.350 −7.9% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.398 −1.9% LOT 0.040 +0.0% CPL 0.210 +10.5%
M&A / Property

Hybrid Power Solutions Announces Canadian Defense Distribution Partnership with Cantec Systems

HPSS · Price

Executive Summary

  • Hybrid Power Solutions announced a new distribution partnership with Cantec Systems to target the Canadian military and defense sector.
  • The agreement gives Cantec Systems exclusive representation of Hybrid’s battery‑based and hybrid power systems to defence organisations, contractors, and government agencies across Canada.
  • The partnership is positioned to expand Hybrid’s market presence in mission‑critical, low‑signature power applications and supports its strategy to grow within the defense segment.

Key Details

  • Partner: Cantec Systems – will represent Hybrid Power Solutions’ portfolio of portable, fuel‑free power systems to Canadian military organizations, defence contractors, and government agencies.
  • Scope: Focus on battery‑based and hybrid power solutions that provide quiet, modular alternatives to traditional generators, reducing fuel logistics, emissions, and operational noise.
  • Strategic Rationale: Enhances Hybrid’s ability to support mission‑critical operations requiring reliable, low‑signature, fuel‑reduced power; aligns with the company’s expansion strategy into the defence sector.
  • Leadership Comments:
  • François Byrne, CEO of Hybrid Power Solutions, highlighted the partnership as a means to expand within the military and defense market through an experienced Canadian partner.
  • Dave Croal, President of Cantec Systems, emphasized the value of Hybrid’s low‑signature power systems for defence clients and expressed confidence in the collaboration.

Notable Quotes

  • “This partnership aligns with our strategy to expand within the military and defense sector by working with experienced Canadian partners who understand these demanding environments.” – François Byrne, CEO, Hybrid Power Solutions
  • “Their innovative, low‑signature power systems are an essential match for the rigorous demands of military and defense operations… We look forward to a successful collaboration.” – Dave Croal, President, Cantec Systems
Read the original news release →

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