CHARBONE Announces Hydrogen Sales in Ontario to Support Fuel Cell Generator Operations for the Film Industry

Executive Summary

• CHARBONE began supplying clean ultra‑high purity (UHP) hydrogen in Ontario to a specialized contractor supporting film and television production sets.
• The sale represents the company’s first entry into the on‑set power generation market, showcasing a high‑visibility commercial application of hydrogen fuel cells.
• No volume, duration, or financial terms were disclosed; revenues from this activity will be reflected in quarterly statements on a consolidated basis.

Key Details

• Customer & Application: Specialized contractor serving the film and entertainment industry; hydrogen powers fuel‑cell generators for on‑set electricity and mobile infrastructure.
• Geographic Focus: Ontario, Canada.
• Strategic Significance: Expands CHARBONE’s hydrogen commercialization beyond traditional industrial uses into mobile/temporary power markets, aligning with its broader strategy to diversify revenue streams.
• Operational Logistics: Supply supported by CHARBONE’s existing distribution network and delivery logistics to meet strict production scheduling requirements.
• CEO Comment: Dave Gagnon emphasized that clean UHP hydrogen is now an operational solution delivering “quiet, reliable, and low‑emission energy” for film productions.
• Financial Disclosure: Volume, duration, and pricing terms were not disclosed to protect competitive position; impact will appear in consolidated quarterly financials.

Notable Quotes

“Hydrogen is no longer a concept—it’s becoming an operational solution,” – Dave Gagnon, CEO & Chairman of the Board.
“We are proud to support a specialized contractor in Ontario enabling fuel cell generator operations for the film industry…quiet, reliable, and low‑emission energy, where and when it matters.” – Dave Gagnon

Materiality Assessment: Non-Material – Positive (the announcement is positive but lacks disclosed financial impact).