PowerBank Corporation Announces Contracts with Intellistake for Full Deployment of AI Agents Following Successful Beta Testing Phase

Executive Summary

• PowerBank Corporation signed two Phase 1 contracts with Intellistake Technologies to deploy IntelliScope Enterprise Hub AI agents for both public‑facing communications and internal business intelligence.
• The Year 1 contract value is approximately CA$278,000; payment will be made by issuing 121,723 PowerBank common shares at a deemed price of $2.29 per share.
• The deployment is expected to accelerate solar and battery storage project site identification, permitting, grant eligibility analysis, and overall decision‑making across PowerBank’s development pipeline.

Key Details

• Contracts signed: February 4 2026; cover build and deployment of two AI platforms (public‑facing communications agent & internal multi‑agent intelligence framework).
• Contract value: Approx. CA$278,000 (Canadian dollar equivalent of U.S. dollar amounts).
• Payment method: Issuance of 121,723 PowerBank common shares at a deemed price of $2.29 per share, subject to stock exchange approval.
• Scope of AI agents:
• Public‑facing agent embedded in PowerBank’s website for secure natural‑language access to disclosed information and analytics on external engagement.
• Internal IntelliScope platform configured for PowerBank’s U.S. renewable‑energy development workflow – geospatial analysis, regulatory & grant eligibility assessment, interconnection queue evaluation, etc.
• Beta testing: Conducted Nov 2025–Feb 2026; demonstrated performance across site‑assessment, permitting, grant navigation, and pipeline acceleration use cases.
• Future expansion: Option to extend into a multi‑year subscription; PowerBank plans further rollout to additional business functions and project stages.
• Governance note: Common director Paul Sparkes did not participate in negotiation or approval of the transaction.

Notable Quotes

• Dr. Richard Lu, CEO – PowerBank: “The closed beta demonstrated how these systems can support clearer and more informed decision‑making across our business. These contracts allow us to move forward with deployment…”
• Jason Dussault, CEO – Intellistake: “This marks a meaningful step forward for the Company as we continue to execute on one of our core business pillars.”