Northwire Canada EditionSunday, October 18, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
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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