Hybrid Power Solutions Announces Strategic MOU with CarboMat for Low-Cost Sustainable Anodes in Lithium-Ion Batteries

Executive Summary

• Hybrid Power Solutions Inc. signed a non‑binding Memorandum of Understanding with CarboMat Inc. to co‑develop low‑cost, sustainable anode materials for lithium‑ion batteries used in Hybrid’s Terra microgrid systems.
• The partnership aims to reduce battery production costs by up to 40%, improve cycle life and energy density, and support Canadian graphite supply chain diversification away from China.
• Joint go‑to‑market pilots are planned for Q2–Q4 2026, with the first commercial Terra units featuring CarboMat’s anodes targeted for release in Q3–Q4 2027.

Key Details

• Parties Involved: Hybrid Power Solutions Inc. (CSE: HPSS) and CarboMat Inc., a Canadian advanced carbon materials company.
• Collaboration Scope: Development of battery‑grade anode material (BAM) technology for integration into Hybrid’s Terra modular battery packs used in construction, mining, rail, and marine off‑grid applications.
• Cost Reduction Claim: CarboMat’s technology could lower production costs by up to 40 % versus conventional graphite anodes.
• Performance Benefits: Anticipated improvements include longer cycle life, faster charging, and higher energy density for Terra systems.
• Timeline:
• Pilot projects – Q2 2026 through Q4 2026.
• First commercial Terra units with CarboMat anodes – targeted for launch in Q3–Q4 2027.
• Strategic Impact: Expected to create a vertically integrated, low‑cost supply chain for graphite‑based anodes in Canada, reducing reliance on imported graphite (≈80 % from China) and cutting Scope 3 emissions by displacing diesel generators.
• Funding Background (CarboMat): CarboMat has secured > $5 million in non‑dilutive grant funding from provincial and federal sources to support its kg‑scale pilot production facilities.

Notable Quotes

“This MOU with CarboMat is a game‑changer for sustainable energy storage,” – Francois Byrne, CEO & Founder, Hybrid Power Solutions.

“Through this partnership… we envision … a substantial reduction in Scope 3 emissions as Hybrid’s power solutions begin displacing diesel in real‑world field operations,” – Shabab Saad, CEO & Co‑Founder, CarboMat.