Hybrid Power Solutions Announces Q2 2025 Financial Results
Toronto, Ontario — January 29, 2026 — Leads & Copy — Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) has announced its financial results for the Second Quarter ending November 30, 2025. The company is an emerging leader in delivering fuel-free clean power solutions.
The Interim Financial Statements, Management Discussion and Analysis and financial certifications have been filed on SEDAR+ and are available on the Company’s investor website.
According to Francois Byrne, CEO and Founder, Hybrid Power Solutions continues to lead the clean energy transition amid economic challenges in Canada and the US.
The company reports it has more than 20 active demonstrations and pilot programs underway, proving its fuel-free power solutions in real-world settings that include remote military operations, secure defence facilities, tough construction sites, and fleet applications. These ongoing demos and pilots are key to driving future orders, as they showcase proven performance and pave the way for customer commitments including upcoming deliveries of innovations including the Solar Tarp.
Hybrid Power Solutions reports this momentum aligns with the industry shift to hybrid systems integrating renewables such as solar and wind in ‘behind-the-fence’ on-site generation and storage, delivering energy independence, resilience against grid outages, meaningful emissions reductions, and improved operational efficiency without reliance on centralized utility infrastructure.
Key advancements noted by the company include:
The Solar Tarp development: a patent-pending, lightweight, flexible portable solar solution using durable copper indium gallium selenide (CIGS) panels. It was selected after testing for performance in harsh environments, and offers versatile installation options such as on fences, ground setups, cranes, or equipment. The company evolved from initial large-format designs (20×4 ft panels producing 900–1000W) to more manageable 10×4 ft units (~18 kg each). The Solar Tarp was unveiled in September 2025 and showcased at GCXpo, demonstrating rapid setup and takedown with Hybrid’s Spark power system. The Company continues to advance Solar Tarp manufacturing to ensure Canadian content is maximized.
The IoT platform for fleet management: ongoing development of a proprietary AI-powered platform with embedded IoT technology for unified fleet and remote management. It delivers system optimization, predictive maintenance, and intelligent energy management for both portable and scalable microgrids. Hybrid’s proprietary platform is currently in beta phase with select customer trials underway.
Through reshoring manufacturing, expanding strategic partnerships, and accelerating Research and Development including next-generation techniques for production scalability, quality, and efficiency, the company believes it is positioned to translate these demonstrations and pilots into durable growth and enduring shareholder value.
Hybrid will host a webinar in the 3rd week of February to discuss the current financial results and business initiatives underway. Additional details will be disclosed in a future news release.
Q2 2025 Business Highlights included:
- Received advance purchase order from LMDH Equipment Sales Inc. for 12 Spark units and one Terra unit with production commenced in December 2025.
- Developed and launched innovative Solar Tarp, a custom-designed, modular solar power solution tailored for construction, military, emergency response and remote locations. Hybrid showcased the Solar Tarp at the GCXpo in September 2025.
- Signed agreements with Groovy Energy Ltd., Tire Butler, Kiikew Renewables Corp., and Dragonfly Energy Holdings Corp. for the distribution of Hybrid products.
- Signed Memorandum of Understanding with CarboMat Inc., an Alberta-based company developing carbon-based advanced materials that include proprietary battery anode materials (BAM) technology.
- Additional orders for Batt Pack Energy units for use by United States Air Force and Marine Corps with testing continuing in 2026.
- Received initial stocking order from Dragonfly Energy Holdings Corp.
- Showcased Hybrid products at the Best Defence conference in London, Ontario.
- Advanced to final testing of Hybrid’s proprietary embedded Internet of Things (IoT) technology and unified fleet management platform.
Q2 2025 Financial Highlights:
- Net loss for the period ending November 30, 2025 of $871,826 versus a net loss of $559,914 for the fiscal period ending November 30, 2024.
- Revenue for period ending November 30, 2025 of $279,445 versus revenue of $1,033,133 for the period ending November 30, 2024.
- Expenses for the period ending November 30, 2025 of $723,409 versus expenses of $768,149 for the period ending November 30, 2024.
The Company also announced its intention to complete a non-brokered Life Offering to raise a minimum of Cdn $1 million and up to Cdn $2 million, consisting of a unit offering at $0.06 per unit. Each unit consists of one common share and one common share purchase warrant at an exercise price of $0.10. The Company closed the financing on January 19, 2026, raising a total of $1,079,925 consisting of the issuance of 17,998,749 units.
The Company also announces the issuance of 66,667 RSU’s to an employee. The RSU grant is subject to CSE approval.
Hybrid Power Solutions Inc. specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications.
Source: Hybrid Power Solutions Inc.
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