Hybrid Power Solutions
Hybrid Power Solutions is a Canadian designer and manufacturer of LiFePO4 portable and stationary battery power systems sold as fuel-free alternatives to diesel generators. The company serves defense, transit, construction, mining, utilities, and automotive customers via direct sales and 45+ distribution partners, and is publicly listed on the CSE under HPSS.
- Company typePublic
- Founded2022
- HeadquartersMississauga, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hybrid Power Solutions does
Hybrid Power Solutions (HPS) is a Canadian designer and manufacturer of portable and stationary lithium iron phosphate (LiFePO4) battery power systems marketed as fuel-free replacements for diesel generators. Incorporated in British Columbia in 2022 and headquartered in Etobicoke, Ontario, the company sells a portfolio that includes the Batt Pack series (Pro, Energy, Jupiter) for portable applications up to 5,000W, the Spark series (Cube and Hybrid) for industrial portable power from 20kWh to 60kWh with outputs up to 24kW, the HPS Terra microgrid system (167kVA), Power Tower residential storage units, and the Solar Tarp — a patent-pending portable CIGS solar panel. Core technical differentiators include a patented temperature-resilience design enabling operation and charging down to -30°C to -35°C, modular scalable architecture from 3kW portable packs to 6MWh microgrids, embedded IoT connectivity (cellular, GPS, Wi-Fi, BLE) across the product line, and vertical integration from in-house design through North American manufacturing.
HPS generates revenue through direct enterprise sales and over 45 strategic distribution partnerships serving defense, transit, construction, mining, utilities, automotive, and consumer segments. Revenue streams include one-time hardware sales of portable power packs and OEM/microgrid systems (300kWh to 6MWh), franchise installation services for stationary solar (each franchisee expected to deliver 15 installs in year one), government grants, and a forthcoming recurring subscription stream from a proprietary IoT Fleet Management Platform. Named customers include the US Marine Corps and US Air Force (repeat Batt Pack Energy orders), MTA New York City Transit, Canada's largest transit commission, the Canadian Department of Foreign Affairs, a leading AI-based security and drone protection provider, and equipment-rental operator Location GM, whose C$1.5 million Spark Hybrid order is the largest in company history.
The business is in early commercialization. Q3 FY2026 revenue was C$488,308 (up 75% sequentially but down 21% year-over-year), with a 15.75% gross margin, a net loss of C$762,027, and just C$189,000 of cash on hand as of April 28, 2026. Operations have been sustained by a series of equity, debt, and grant financings totaling more than C$3.4M across August 2025 through June 2026, and the company has engaged Sophic Capital for capital markets advisory. Management cites a $12.5M pipeline across Defense, Construction, Transit, and Utilities, with over 70% projected to convert within 12 months — the principal upside catalyst — alongside the development of a next-generation HPS Air platform and Q1 2026 IoT platform launch. Execution risk, subscale margins, and the lumpiness of project-based hardware orders remain the principal near-term headwinds.
Hybrid Power Solutions firmographics
Firmographics- Name
- Hybrid Power Solutions
- Legal name
- Hybrid Power Solutions Inc.
- Website
- https://investhps.com
- Company type
- Public
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hybrid Power Solutions is a Canadian designer and manufacturer of LiFePO4 portable and stationary battery power systems sold as fuel-free alternatives to diesel generators. The company serves defense, transit, construction, mining, utilities, and automotive customers via direct sales and 45+ distribution partners, and is publicly listed on the CSE under HPSS.
- Ownership category
- akta.pro rank
Hybrid Power Solutions industry classification
Industry- Product category
- Portable Battery Power Systems and Energy Storage
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Hybrid Microgrids (Solar+Storage+Gen, Multi-Resource) (EUACALAH)
- akta.pro secondary industries
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF), Power & Energy Systems for Telecom Sites (Generators, Batteries, Fuel) (HDAIAKAG)
Keywords
Where Hybrid Power Solutions is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Hybrid Power Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Portable Battery Hardware Sales: Sale of portable battery power packs (Batt Pack Pro, Batt Pack Energy, Batt Pack Jupiter) and Spark series industrial power systems. One-time hardware revenue per unit with volume pricing for fleet and enterprise customers.
- OEM / Custom System Sales: Custom utility-scaled systems including containerized solutions, Energy Storage Systems (ESS), and long-duration microgrid custom solutions (300kWh – 6 mWh) for Rail, Transit, Mining, Military, Film & TV, Industrial, Municipal, Construction, and Disaster Relief sectors.
- Solar Installation Franchise Services: Franchise network of stationary power and solar installers generating recurring revenue through installation services, warranties, maintenance packages, and paid remote monitoring subscriptions. HPS benefits from centralized customer service, combined buying power, and national brand marketing.
- Government Grants and Incentives: Non-dilutive funding from Ontario's Critical Industrial Technologies (CIT) initiative, including $20,000 TDI program grant and $100,000 DC program grant for HPS Air development. Represents supplementary non-recurring revenue support.
- Future Recurring Revenue (IoT Monitoring Subscriptions): Proprietary IoT fleet management platform (launching Q1 2026) expected to generate recurring monitoring, diagnostic, and management subscription revenue from fleet operators and enterprise customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Batt Pack Series - Consumer and Professional Portable Power |
| One time/ perpetual license | Pay-as-you-go | Spark Series - Industrial Portable Power Systems |
| Unit Pricing | Multi-year contract | Solar Installation Franchise Network |
| Unit Pricing | Multi-year contract | Government and Enterprise Volume Contracts |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels9 records
Hybrid Power Solutions product offering
Product offeringCore offering
Hybrid Power Solutions designs and manufactures fuel-free portable and stationary power systems using LiFePO4 battery chemistry, including the Batt Pack series (Pro, Energy, Jupiter) for portable power, the Spark series (Cube, Hybrid) for industrial applications, HPS Terra microgrids, Power Tower residential storage, and the Solar Tarp portable CIGS solar solution. The company also delivers custom OEM microgrid solutions (300kWh to 6MWh) and operates a franchised solar installation network across North America, with a forthcoming proprietary IoT fleet management platform launching in Q1 2026.
Product overview
Hybrid Power Solutions offers a portfolio of fuel-free portable and stationary power systems designed for industrial, commercial, defense, and consumer applications. The core product lineup centers on the Batt Pack series (Batt Pack Pro, Batt Pack Energy, Batt Pack Jupiter) for portable power needs ranging from 3,000W to 5,000W continuous output, and the Spark series (Spark Cube, Spark Hybrid) providing modular high-capacity portable power from 20kWh to 60kWh with outputs up to 24kW. The HPS Terra offers scalable battery energy storage microgrids (167kVA) for larger installations. These systems are complemented by the Solar Tarp (portable CIGS solar panels), the Power Tower inverters (PT5, PT14), and a proprietary IoT Fleet Management Platform with predictive analytics. The company also provides custom OEM solutions for utility-scale applications (300kWh to 6 MWh) and franchised solar installation services, creating a comprehensive ecosystem spanning from mobile/temporary power to permanent installations.
Differentiator
Problem solved
Functional benefit
Brands
- Batt Pack: Line of portable power packs including Batt Pack Pro, Batt Pack Energy, and Batt Pack Jupiter for various industrial and consumer applications.
- Spark
- Terra
- Power Tower
- Solar Tarp
Products and services
- Batt Pack Pro Portable fuel-free power pack delivering 5,000W continuous power with 10,000W surge capacity, 1,260Wh energy storage, 3,500 cycles, and LiFePO4 chemistry. Rated for operation from -30°C to 45°C, water resistant, and manufactured in Canada. Designed for rugged industrial, defense, and mobile applications.
- Batt Pack Energy Portable lithium battery power system designed for residential, commercial, and mobile applications. The only residential battery manufactured in Canada with LiFePO4 chemistry for enhanced safety and longevity.
- Batt Pack Jupiter High-capacity portable power system with Level 2 EV charging capability. Powers tire changers, compressors, lights, and diagnostic tools. Designed for mobile service fleets and emergency response applications.
- Spark Cube
Quantifiable outcome
- Up to 90% reduction in customer operational costs compared to traditional diesel generator solutions
- +7 more outcomes
Companies that use Hybrid Power Solutions
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles5 records
Hybrid Power Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature6 records
Hybrid Power Solutions partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, major and minor.
- Fair D CanadacoreDistribution agreement with Fair D Canada (Québec-based procurement and distribution specialist) to represent Hybrid's complete portfolio of portable fuel-free power solutions across its network of government agencies, military, law enforcement, public safety organizations, and tactical professionals throughout Canada. Fair D Canada is a trusted supplier of mission-critical equipment including tactical gear, UAV systems, deployable shelters, and portable power for operational and emergency response applications.
- Ontario Ministry of Economic Development, Job Creation and TradecoreOntario government ministry facilitated meetings with European defense primes, vehicle integrators, and procurement teams in connection with Hybrid's attendance at Eurosatory 2026 defense exhibition in Paris.
- Government of Canada Trade Commissioner ServicecoreFederal trade facilitation service that arranged meetings with European defense buyers and procurement teams for Hybrid at Eurosatory 2026, supporting international defense market expansion.
- LMDH Equipment Sales Inc.coreDistributor agreement with LMDH Equipment Sales Inc. (operating in Canada and USA, specializing in fuel tanks and power equipment for rental fleets) for rental supply of Spark Hybrid systems to Location GM. Largest order in company history: C$1.5 million for 10 Spark Hybrid systems (6x 20kWh + 4x 30kWh units with generators and trailers). Previous agreement delivered 9 Spark units to Location GM for Quebec construction market.
- Movex InnovationcoreStrategic collaboration to integrate Hybrid's Spark portable power system with Movex Innovation's ultra-compact, remote-controlled electric All-Terrain Track Carrier for mobile power solutions in defense logistics, remote job sites, mining support, and emergency response. Hybrid plans to build a NATO STANAG-compliant custom high-capacity battery system for Movex's equipment. The partnership targets mission-critical field operations with a cleaner, quieter, and more efficient alternative to legacy mobile generator systems.
- Tire ButlercoreExpanded partnership with Tire Butler, Canada's leading mobile tire repair and replacement service, to advance mobile EV charging capabilities. Tire Butler adopted Batt Pack Jupiter as standard portable power solution and formalized purchase of Spark 60 kWh with Level 3 fast-charging for emergency roadside EV charging. Partnership supports Tire Butler's North American franchise expansion, enabling Level 2 EV charging capability during roadside operations.
- Ontario Centre of Innovation (OCI) / Critical Industrial Technologies InitiativecoreTwo grants from Ontario's Critical Industrial Technologies (CIT) initiative led by OCI: $20,000 through CIT Talent Development Internship (TDI) Program supporting technical talent for HPS Air development; $100,000 through CIT Development and Commercialization (DC) Program plus exclusive access to uWaterloo-RoboHub powered by Rogers CIT Technology Development Site for engineering, prototyping, and commercialization of HPS Air.
- uWaterloo-RoboHub powered by RogersmajorCIT Technology Development Site (Dev Site) providing access to cutting-edge robotics and automation facilities for testing and validating Hybrid's HPS Air product. RoboHub's technical leadership provides real-time validation and feedback, supporting Ontario companies in accelerated development and integration of critical technology products.
- Reliable RobotsminorProof of Concept Development Agreement with Reliable Robots, a Canadian provider of service robotics solutions, to explore industrial automation at Hybrid's Etobicoke manufacturing facility. Represents exploration of automation in Hybrid's production process.
- Meyer DistributingcoreDistribution agreement with Meyer Distributing, one of North America's leading wholesale distributors of automotive specialty products, parts, and accessories, serving thousands of vehicle upfitters, aftermarket retailers, dealers, and wholesalers. Meyer stocks Hybrid's Batt Pack Energy and Batt Pack Pro units at key warehouses nationwide for fast distribution. Online B2B platform Meyer Online enables real-time ordering for Hybrid's clean power systems.
- Cantec SystemscoreCanadian defense distribution partnership with Cantec Systems, focused on the military and defense sector within Canada. Cantec Systems represents Hybrid's power solutions to defense procurement teams and military organizations across the country.
- The Solar StoremajorNew distribution partnership with The Solar Store, a BBB-accredited, full-service solar photovoltaic contractor, supplier, and EPC (Engineering Procurement and Construction) company headquartered in London, Ontario. Facilitated the sale of a Spark Cube 30kWh unit for embassy infrastructure in Haiti for the Canadian Department of Foreign Affairs, Trade and Development.
- Dragonfly Energy Holdings Corp. (NASDAQ: DFLI)majorStocking order from Dragonfly Energy, an industry leader in energy storage and manufacturer under the Battle Born brand. Hybrid manufactures and supplies fully assembled portable power units under Dragonfly Energy's Battle Born brand. This partnership validates Hybrid's manufacturing scalability and product platform.
- Military Battery Systems Inc.coreDistribution partner facilitating sale of Batt Pack Energy units to U.S. military customers, including repeat orders for the United States Marine Corps. Company states ongoing demand with continued requests for quotes from multiple military-related organizations.
- CarboMat Inc.minorMemorandum of Understanding with CarboMat Inc., an Alberta-based company developing carbon-based advanced materials including proprietary battery anode materials (BAM) technology. Non-binding MOU establishes a joint development partnership to engineer low-cost, sustainable anode materials for lithium-ion batteries.
- Kiikew Renewables Corp.majorExclusive distribution agreement with Kiikew Renewables Corp., a BC-based, Indigenous-led sustainable renewable energy equipment sales and rental company. Kiikew exclusively carries Hybrid's Batt Pack Energy units and related power solutions within its portfolio of carbon-free power offerings for the mining, construction, and remote project sectors in Canada and the United States.
- Groovy Energy Ltd.minorDistribution agreement with BC-based clean energy entity for sales agent representation and distribution of Hybrid products in the Canadian market.
- Purafy Clean Technologies (subsidiary of Grafoid Inc.)minorPurafy Clean Technologies, a subsidiary of Grafoid Inc., signed as official distribution partner. Partnership aligns two Canadian clean technology innovators to deliver portable off-grid power solutions.
- TerrapassminorPartnership with Terrapass, a leading carbon offset provider, to offer carbon offsetting for Hybrid energy systems. Enables clients to offset emissions even when generators are still part of the power mix, supporting sustainability goals for hybrid deployments.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Hybrid Power Solutions competitors and assessment
Company assessmentDirect peers
- Bluetti: Bluetti sells a broad range of LiFePO4 portable power stations, home backup and modular energy storage systems directly comparable to Hybrid's Batt Pack, Spark and Power Tower product families in both chemistry and target use cases.
- Jackery: Jackery is a global leader in portable power stations and solar generators, selling Explorer-series units that overlap directly with Hybrid's Batt Pack Pro/Energy/Jupiter and Spark product families across consumer and prosumer channels.
- EcoFlow: EcoFlow competes directly with Hybrid across portable power stations, DELTA-series home backup batteries, and smart energy ecosystems targeting both consumer and prosumer/industrial segments.
- Goal Zero: Goal Zero is the closest North American portable power station competitor, retailing Yeti-series Li-ion/NMC power stations that compete head-to-head with Hybrid's Batt Pack line across outdoor, residential backup and light commercial use cases.
- Dragonfly Energy (Battle Born): Dragonfly Energy manufactures LiFePO4 batteries under the Battle Born brand and is both a direct competitor in stationary/mobile lithium storage and an active distribution partner of Hybrid, validating platform overlap.
Broad incumbents
- Generac: Generac is a leading incumbent in residential and commercial backup generators and energy storage systems (PWRcell), competing with Hybrid in the stationary backup and commercial microgrid space as part of a much wider product portfolio.
- Briggs & Stratton: Briggs & Stratton is a traditional engine and generator incumbent now offering battery-based energy storage (SimpliPHI, Vanguard), making it an adjacent incumbent competitor across backup power and microgrid applications.
- Enphase Energy: Enphase is a large incumbent in residential and commercial solar inverters plus battery storage (IQ Battery), overlapping with Hybrid's Power Tower stationary line and Canadian/US installer franchise motion.
- KOHLER Power: KOHLER Power is a broad incumbent in industrial and residential generators and energy management systems, competing with Hybrid's Spark Hybrid and HPS Terra microgrid offerings in defence, construction, and commercial backup power.
- Anker SOLIX: Anker has expanded from consumer electronics into portable power stations and home energy storage (SOLIX line), operating as a broader consumer electronics incumbent with adjacent overlap to Hybrid's consumer/professional Batt Pack line.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Hybrid Power Solutions social profiles
Digital presenceHybrid Power Solutions compliance and trust
Trust signalCompliance1 record
Hybrid Power Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hybrid Power Solutions leadership team
Management profileNumber of profiles
Profiles2 records
Hybrid Power Solutions funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hybrid Power Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hybrid Power Solutions
What does Hybrid Power Solutions do?
Hybrid Power Solutions designs and manufactures fuel-free portable and stationary power systems using LiFePO4 battery chemistry, including the Batt Pack series (Pro, Energy, Jupiter) for portable power, the Spark series (Cube, Hybrid) for industrial applications, HPS Terra microgrids, Power Tower residential storage, and the Solar Tarp portable CIGS solar solution. The company also delivers custom OEM microgrid solutions (300kWh to 6MWh) and operates a franchised solar installation network across North America, with a forthcoming proprietary IoT fleet management platform launching in Q1 2026.
Is Hybrid Power Solutions a public or private company?
Hybrid Power Solutions is a public company. It is classified as public and is currently operating.
When was Hybrid Power Solutions founded?
Hybrid Power Solutions was founded in 2022. It employs 11 to 50 people.
Where is Hybrid Power Solutions based?
Hybrid Power Solutions is headquartered in Mississauga, Canada, in the North America region.
How does Hybrid Power Solutions make money?
Five revenue lines are on record. Portable Battery Hardware Sales are the primary driver. The others are OEM / Custom System Sales, solar Installation Franchise Services, government Grants and Incentives and future Recurring Revenue (IoT Monitoring Subscriptions).
Who are Hybrid Power Solutions's main competitors?
Direct peers on record are Bluetti, Jackery, EcoFlow, Goal Zero and Dragonfly Energy (Battle Born). Broad incumbents are Generac, Briggs & Stratton, Enphase Energy, KOHLER Power and Anker SOLIX.
Does Hybrid Power Solutions have an API?
No public API is recorded for Hybrid Power Solutions.
What industry is Hybrid Power Solutions in?
Hybrid Power Solutions's product category is Portable Battery Power Systems and Energy Storage. Its primary akta.pro industry code is EUACALAH, Hybrid Microgrids (Solar+Storage+Gen, Multi-Resource), with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 33591 and its SIC code is 3600.