Hybrid enters distribution partnership with Cantec

Executive Summary

• Hybrid Power Solutions Inc. has entered into a distribution partnership with Cantec Systems to represent its battery-based and hybrid power systems within the Canadian military and defense sector.
• The agreement positions Cantec Systems as the representative for Hybrid's portfolio to Canadian military organizations, defense contractors, and government agencies.
• The partnership aims to expand Hybrid Power's presence in the defense market by leveraging Cantec's technical expertise and understanding of defense-grade power requirements.

Key Details

• Parties Involved: Hybrid Power Solutions Inc. (HPSS) and Cantec Systems.
• Scope of Partnership: Cantec Systems will represent Hybrid Power Solutions' portfolio of battery-based and hybrid power systems.
• Target Market: Canadian military organizations, defense contractors, and government agencies.
• Strategic Rationale: To strengthen Hybrid's ability to support mission-critical operations requiring reliable, low-signature, and fuel-reduced power solutions.
• Product Focus: Portable power solutions that serve as a quiet, modular alternative to traditional generators, reducing fuel logistics, emissions, and operational noise while maintaining performance in harsh conditions.
• Executive Commentary: CEO Francois Byrne highlighted the alignment with the strategy to expand within the military and defense sector using experienced Canadian partners. Cantec President Dave Croal noted the match between Hybrid's low-signature systems and the rigorous demands of military operations.

Notable Quotes

• "Cantec Systems brings strong technical expertise and a deep understanding of defence-grade power requirements," said Francois Byrne, chief executive officer of Hybrid Power Solutions. "This partnership aligns with our strategy to expand within the military and defence sector by working with experienced Canadian partners who understand these demanding environments."
• "This partnership with Hybrid Power Solutions allows us to deliver a critical advantage to our defence clients," said Dave Croal, president, Cantec Systems. "Their innovative, low-signature power systems are an essential match for the rigorous demands of military and defence operations, where reliability and operational quietness are paramount. We look forward to a successful collaboration in supporting mission-critical power needs across the Canadian defence sector."