Braille to acquire TCR battery distribution rights

Executive Summary

• Braille Energy Systems Inc. is acquiring the distribution rights for its drag racing-specific lithium battery line from Tony Christian Racing (TCR), effective October 1, 2025.
• The move aims to streamline operations and expand Braille's reach globally following the death of founder Tony Christian in 2022 and the subsequent operation of the distribution arm by his daughter, Heather Christian-Kircher.
• The acquisition is expected to be incrementally accretive to annual operating cash flow, allowing management to focus on the commercialization of the Electrafy business while maintaining uninterrupted service to racers and dealers.

Key Details

• Transaction Structure: Braille Energy Systems Inc. is acquiring the distribution rights for its drag racing specific lithium battery line from Tony Christian Racing (TCR).
• Effective Date: October 1, 2025.
• Historical Context: TCR has served as the master distributor for Braille's 16-volt lithium batteries since 2009, powering champions in PDRA Pro Nitrous, NHRA Pro Mod, and other elite racing divisions.
• Leadership Transition: Heather Christian-Kircher (daughter of late founder Tony Christian) will remain involved in an advisory capacity to ensure a smooth handover and continued engagement with the racing community through the end of 2025.
• Financial Impact: The acquisition is expected to be incrementally accretive on an annual operating cash flow basis.
• Strategic Rationale: Streamlining the Braille Battery business to allow management to focus on the commercialization strategy for the Electrafy business, a key area of growth.
• Product Continuity: The Drag Race Spec B168L battery remains a flagship product, featuring over 2300 cranking amps and a recharge time of 10 to 15 minutes.

Notable Quotes

• "We're honoured to carry forward the legacy Tony Christian helped build," said Lindsay Weatherdon, president and chief executive officer Braille Energy Systems. "His pioneering work in lithium battery technology for drag racing changed the game and we're committed to pushing that innovation even further."