Hybrid Power Solutions Announces Distribution Agreement with Dragonfly Energy Holdings Corp.

Executive Summary

• Hybrid Power Solutions Inc. entered into a distribution agreement with Dragonfly Energy Holdings Corp., granting Dragonfly the right to sell Hybrid’s advanced battery energy storage products, including the Batt Pack Pro, across its North American network.
• The partnership is intended to expand Hybrid’s market reach into mobile services, RV, and off‑grid applications, leveraging Dragonfly’s established distribution channels and lithium‑ion expertise.
• Both companies highlighted the collaboration as a step toward accelerating adoption of clean, emission‑free power solutions.

Key Details

• Parties: Hybrid Power Solutions Inc. (CSE: HPSS) and Dragonfly Energy Holdings Corp. (Nasdaq: DFLI).
• Agreement Scope: Dragonfly Energy will distribute Hybrid’s portable power systems, notably the Batt Pack Pro, to its extensive customer base in North America.
• Target Markets: Mobile services, recreational vehicles (RV), off‑grid and other commercial/industrial applications requiring reliable, high‑performance energy storage.
• Strategic Rationale:
• Hybrid gains access to Dragonfly’s established sales network and sector expertise, accelerating product adoption.
• Dragonfly expands its portfolio with North American‑assembled systems engineered for demanding use cases.
• Quotes:
• Tyler Bourns, CMO, Dragonfly Energy: “Partnering with Hybrid Power Solutions expands that mission with North American–assembled systems engineered for the most demanding commercial, industrial, and off‑grid applications.”
• Francois Byrne, CEO, Hybrid Power Solutions: “This distribution agreement will allow us to bring our reliable, eco‑friendly power systems to a broader customer base, further driving the transition to sustainable energy.”

Notable Quotes

• Tyler Bourns (CMO, Dragonfly Energy): “At Dragonfly Energy, we’re focused on delivering reliable, high‑performance power solutions that enable energy independence for our customers.”
• Francois Byrne (CEO, Hybrid Power Solutions): “We are thrilled to partner with Dragonfly Energy, a company that shares our vision for advancing clean energy solutions.”