Original News Release
Hybrid Power receives order for Batt Pack Energy units
Mr. Francois Byrne reports
HYBRID POWER SOLUTIONS RECEIVES ORDER FROM CANADIAN MUNICIPALITY FOR BATT PACK ENERGY UNITS
Hybrid Power Solutions Inc. has received an order for three Batt Pack Energy units from a Canadian municipality.
This purchase marks another important step in Hybrid Power Solutions' growth within the municipal and government sectors, as local agencies across Canada continue to seek reliable, zero-emission alternatives to conventional gas and diesel generators.
"These orders validate the growing trust in Hybrid Power Solutions' clean energy technology," said Francois Byrne, chief executive officer of Hybrid Power Solutions. "Municipalities are under increasing pressure to reduce emissions while maintaining operational flexibility and our systems provide an immediate and proven solution."
The Batt Pack Energy is a compact, high-output power pack built for demanding industrial and commercial applications. Designed and manufactured in Canada, it offers the same power capabilities as a traditional suitcase-style generator -- without the noise, fumes or fuel dependency.
Key features:
2.5 kilowatt-hours of energy capacity with over 3,500-plus cycles;
3,000-watt continuous output (6,000-watt peak surge);
Integrated solar, grid or vehicle charging inputs for flexible recharging;
Weighs just 36 kilograms for true portable under the toughest site conditions;
Proudly designed and built in Canada.
Hybrid Power Solutions continues to expand its municipal and industrial footprint across Canada and the United States, driven by demand for robust, transportable energy storage systems that support clean energy transitions and operational efficiency.
Debt settlement agreement
Hybrid also announces that it has entered into a debt settlement agreement with Cascade Ventures Ltd. to settle outstanding trade payables for services rendered in the aggregate amount of $42,500.
Pursuant to the debt settlement, the company will issue 750,000 common shares to Cascade at a deemed price of five cents per share and pay $5,000 in cash. The settlement shares will be issued pursuant to applicable prospectus exemptions available under Canadian securities legislation and will be subject to a statutory hold period of four months and one day from the date of issuance.
The debt settlement remains subject to approval by the Canadian Securities Exchange.
The issuance of the settlement shares will not result in the creation of a new control person and no finders' fees will be paid in connection with the debt settlement.
The debt settlement allows the company to preserve cash resources while responsibly addressing its outstanding obligations.
About Hybrid Power Solutions Inc.
Hybrid Power Solutions is a Canadian clean energy innovator listed on the CSE under the symbol HPSS. The company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.
We seek Safe Harbor.
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