Global Power Solutions Corp. Signs LOI Joint Development Agreement to Deploy Modular "H2" Power Systems for Data Centres and Military Applications, Scaling from 80 kW to 1,000+ MW

Executive Summary

• Global Power Solutions Corp. entered into a Letter of Intent with Northern Hydrogen and Energy Ltd., together with ModeOne Manpower Systems Corp. and MVP Systems, to jointly develop and commercialize a modular hydrogen‑based power platform ranging from 80 kW up to >1,000 MW.
• The company will fund an 80‑kW demonstration facility within ~12 months, allocating approximately CAD 3.5 million for its construction and use it as a catalyst for customer validation and further scale‑up.
• Concurrently, Global Power granted 1,975,000 incentive stock options to directors, officers and consultants at an exercise price of $0.50 per share, subject to TSX Venture Exchange approval.

Key Details

• Letter of Intent (LOI) Partners: Northern Hydrogen and Energy Ltd.; Licensors: ModeOne Manpower Systems Corp. and MVP Systems.
• Scope of Collaboration: Non‑exclusive, worldwide, perpetual licence to commercialize proprietary Modular H₂ Reactor systems built from off‑the‑shelf components.
• Target Applications: Data centres/HPC, mobile/strategic military, industrial/manufacturing facilities, remote/off‑grid communities, large‑scale mission‑critical infrastructure.
• Near‑Term Demonstration: 80 kW Modular H₂ Reactor facility to be built within ~12 months; development budget CAD 3.5 million funded entirely by Global Power.
• Long‑Term Deployment Roadmap (subject to definitive agreements & regulatory approvals):
• 100 MW capacity by 31 Dec 2028
• 1,000 MW capacity by 31 Dec 2030
• 2,000 MW capacity by 31 Dec 2035
• Manufacturing Strategy: Establish manufacturing operations in British Columbia; fund advanced equipment to reduce component lead times and accelerate deployment. Licensors retain IP ownership, engineering specs, and quality standards.
• Equity Incentive Grant: 1,975,000 incentive stock options granted to certain directors, officers and consultants; each option exercisable at $0.50 per share for a period of five years from the grant date; pending TSX Venture Exchange acceptance.

Notable Quotes

“This LOI is a defining step forward for Global Power Solutions… It provides a credible pathway to scale hydrogen‑based power from pilot systems to multi‑gigawatt deployments.” – Haneef Esmail, Company Director.