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Hybrid Power Solutions

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uuid00035n9

Namestring
Hybrid Power Solutions
Legal namestring
Hybrid Power Solutions Inc.
Websiteurl
investhps.com
Company typeenum
Public
Founded yearint
2022
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMississauga, Canada
HQ citystring
Mississauga
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
portable battery systems, lithium iron phosphate batteries, energy storage microgrids, fuel-free power solutions, defense power equipment
Industry4 codes
1Hybrid Microgrids (Solar+Storage+Gen, Multi-Resource)
CodeEUACALAHPrimaryYes
2Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)
CodeEUACALAJPrimaryNo
3Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers)
CodeHSAPAQAFPrimaryNo
4Power & Energy Systems for Telecom Sites (Generators, Batteries, Fuel)
CodeHDAIAKAGPrimaryNo
NAICS code1 code
  • Battery Manufacturing33591
SIC code1 code
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
Product category
Portable Battery Power Systems and Energy Storage
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model5 records
1Portable Battery Hardware Sales
TypeHardware Sales
Description

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.

investhps.com
2OEM / Custom System Sales
TypeHardware Sales
Description

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.

investhps.com
3Solar Installation Franchise Services
TypeProfessional Services
Description

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.

investhps.com
4Government Grants and Incentives
TypeLicensing Royalties
Description

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.

investhps.com
5Future Recurring Revenue (IoT Monitoring Subscriptions)
TypeSubscription Recurring
Description

Proprietary IoT fleet management platform (launching Q1 2026) expected to generate recurring monitoring, diagnostic, and management subscription revenue from fleet operators and enterprise customers.

investhps.com
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels7 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details4 tiers
1Batt Pack Series - Consumer and Professional Portable Power
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Product line includes Batt Pack Pro (5,000W/10,000W surge), Batt Pack Energy, and Batt Pack Jupiter. Pricing not publicly listed; sold through direct sales, distribution partners, and e-commerce at hybridps.ca. Volume pricing available for fleet/enterprise orders.

investhps.com
2Spark Series - Industrial Portable Power Systems
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Spark series includes 20kWh and 30kWh configurations with hybrid generator add-on options. Spark Hybrid model integrates with generators reducing fuel costs by up to 75%. Unit pricing varies by configuration and accessories.

investhps.com
3Solar Installation Franchise Network
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Franchise model enables HPS installers to increase per-customer revenue while HPS benefits from combined buying power. Franchisees expected to book 15 installs in first year, generating recurring installation revenue, warranty/maintenance packages, and paid remote monitoring subscriptions.

investhps.com
4Government and Enterprise Volume Contracts
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Large enterprise and government contracts (e.g., C$1.5M for 10 Spark Hybrids, C$560K defense order, C$1.17M advance PO) are negotiated directly. Company anticipates gross margins between 32-45% at volume.

investhps.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1Batt Pack
Description

Line of portable power packs including Batt Pack Pro, Batt Pack Energy, and Batt Pack Jupiter for various industrial and consumer applications.

investhps.com
+4 more records
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • Up to 90% reduction in customer operational costs compared to traditional diesel generator solutions
+7 more records
Product overview1 text field

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.

Product and service4 records
1Batt Pack Pro
CategoryPortable Power Systems
Description

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.

2Batt Pack Energy
CategoryPortable Power Systems
Description

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.

3Batt Pack Jupiter
CategoryPortable Power Systems
Description

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.

4Spark Cube
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership19 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-24
Description

Distribution 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.

Strategic tierCoreTypeOthersAnnounced on2026-06-15
Description

Ontario 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.

Strategic tierCoreTypeOthersAnnounced on2026-06-15
Description

Federal trade facilitation service that arranged meetings with European defense buyers and procurement teams for Hybrid at Eurosatory 2026, supporting international defense market expansion.

4LMDH Equipment Sales Inc.
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-05-13
Description

Distributor 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.

investhps.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-23
Description

Strategic 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.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-14
Description

Expanded 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.

Strategic tierCoreTypeOthersAnnounced on2026-03-05
Description

Two 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.

Strategic tierMajorTypeTechnology or IntegrationAnnounced on2026-03-05
Description

CIT 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.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-24
Description

Proof 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.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-02-18
Description

Distribution 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.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-08
Description

Canadian 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.

Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-12-02
Description

New 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.

Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-11-28
Description

Stocking 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.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-11-20
Description

Distribution 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.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-11-17
Description

Memorandum 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.

16Kiikew Renewables Corp.
Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-09-30
Description

Exclusive 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.

investhps.com
17Groovy Energy Ltd.
Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-09-25
Description

Distribution agreement with BC-based clean energy entity for sales agent representation and distribution of Hybrid products in the Canadian market.

investhps.com
Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-07-31
Description

Purafy 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.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2025-07-22
Description

Partnership 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.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hybrid Power Solutions

Portable Battery Power Systems and Energy Storageinvesthps.com

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.

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

  • Portable battery systems
  • Lithium iron phosphate batteries
  • Energy storage microgrids
  • Fuel-free power solutions
  • Defense power equipment

Where Hybrid Power Solutions is headquartered

Location

Headquarters

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

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

ModelBillingPrice
One time/ perpetual licensePay-as-you-goBatt Pack Series - Consumer and Professional Portable Power
One time/ perpetual licensePay-as-you-goSpark Series - Industrial Portable Power Systems
Unit PricingMulti-year contractSolar Installation Franchise Network
Unit PricingMulti-year contractGovernment and Enterprise Volume Contracts

Go-to-market motion4 records

Distribution channels7 records

Marketing channels9 records

Hybrid Power Solutions product offering

Product offering

Core 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 profile

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Hybrid Power Solutions technology and API

Technology

Technology 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 signal

Partnerships

19 partnerships are on record, tiered core, major and minor.

  • Fair D CanadacoreChannel Partner/ Reseller/ Distributor · 24 June 2026Distribution 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 TradecoreOthers · 15 June 2026Ontario 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 ServicecoreOthers · 15 June 2026Federal 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.coreChannel Partner/ Reseller/ Distributor · 13 May 2026Distributor 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 or Co-development Partner · 23 April 2026Strategic 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 ButlercoreStrategic or Co-development Partner · 14 April 2026Expanded 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 InitiativecoreOthers · 5 March 2026Two 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 RogersmajorTechnology or Integration · 5 March 2026CIT 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 RobotsminorStrategic or Co-development Partner · 24 February 2026Proof 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 DistributingcoreChannel Partner/ Reseller/ Distributor · 18 February 2026Distribution 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 SystemscoreChannel Partner/ Reseller/ Distributor · 8 January 2026Canadian 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 StoremajorChannel Partner/ Reseller/ Distributor · 2 December 2025New 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)majorChannel Partner/ Reseller/ Distributor · 28 November 2025Stocking 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.coreChannel Partner/ Reseller/ Distributor · 20 November 2025Distribution 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.minorStrategic or Co-development Partner · 17 November 2025Memorandum 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.majorChannel Partner/ Reseller/ Distributor · 30 September 2025Exclusive 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.minorChannel Partner/ Reseller/ Distributor · 25 September 2025Distribution 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.)minorChannel Partner/ Reseller/ Distributor · 31 July 2025Purafy 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.
  • TerrapassminorGTM or Marketing Partner · 22 July 2025Partnership 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 assessment

Direct 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 presence

Hybrid Power Solutions compliance and trust

Trust signal

Compliance1 record

Hybrid Power Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hybrid Power Solutions leadership team

Management profile

Number of profiles

Profiles2 records

Hybrid Power Solutions funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
The future of tradingHybrid Power Solutions Reports Fourth Quarter and Fiscal 2026 Financial ResultsHybrid Power Solutions reported Q4 fiscal 2026 revenue of $886,333, up 707% year over year, with a net loss of $369,467, a 27% improvement from the prior year. The company's sales pipeline totalled $19.3 million as of September 22, 2026, and it expects to improve margins as volumes grow in fiscal 2027.FinancialContent Business PageHybrid Power Solutions Reports Fourth Quarter and Fiscal 2026 Financial ResultsHybrid Power Solutions reported Q4 fiscal 2026 revenue of $886,333, up 707% year-over-year, with a net loss of $369,467. The company's sales pipeline totalled $19.3 million as of September 22, 2026, and management expects to improve margins as volumes grow in fiscal 2027.THE SHOPMeyer Distributing Announces New Partnership With Hybrid Power SolutionsMeyer Distributing announced a new partnership with Hybrid Power Solutions to distribute the company's fuel-free portable power and solar installation products. Hybrid Power Solutions, founded in 2015, manufactures patent-pending portable battery systems for industrial sectors including mining, construction, railway, and military applications. The partnership expands Meyer Distributing's product lineup to include clean energy solutions, enabling faster delivery to customers compared to traditional inverter and generator alternatives.YahooHybrid Power Solutions Inc. Receives C$560,000 Purchase Order for European Defense ApplicationHybrid Power Solutions Inc. received a C$560,000 purchase order for Batt Pack Pro units to be deployed in European defense systems, marking its first defense-related win. The units are intended for specialized mobile electronics, supporting sustainability and operational efficiency. This order marks a strategic expansion into large-scale European defense and fleet markets.YahooHybrid Power Solutions Secures Largest Order to Date Valued at Over C$1.5 Million - Purchase Order From Distributor LMDH for 10 Spark Hybrid Systems to Location GMHybrid Power Solutions received a purchase order valued at over C$1.5 million from distributor LMDH for rental of Spark Hybrid systems to Location GM in Quebec. This order includes a mix of 20kWh and 30kWh units and is the largest in the company's history, indicating increasing demand for emission-free power solutions.NewMediaWireHybrid Power Solutions and Movex Innovation to Deliver Spark-Powered Mobile Solutions for Defence and Commercial ApplicationsHybrid Power Solutions and Movex Innovation have announced a collaboration to integrate Hybrid's Spark portable power system with Movex's All-Terrain Track Carrier, creating mobile power solutions for defense logistics, remote job sites, mining support, and emergency response applications. Hybrid Power Solutions also plans to build a custom high-capacity battery system for Movex's equipment that will comply with NATO STANAG standards for defense interoperability. The resulting solution aims to offer customers a cleaner, quieter, and more efficient alternative to legacy mobile generator systems while reducing logistical burden in demanding field operations.YahooHybrid Power Solutions and Movex Innovation to Deliver Spark-Powered Mobile Solutions for Defence and Commercial ApplicationsHybrid Power Solutions Inc. announced a collaboration with Movex Innovation to create a mobile power solution integrating Hybrid's Spark platform with Movex Innovation's ultra-compact, remote-controlled electric equipment for defence and commercial applications. The companies plan to develop NATO-compliant custom battery systems for Movex's All-Terrain Track Carrier, targeting mission-critical field operations including defence logistics, mining support, and emergency response. This partnership represents an advancement in portable clean power technology designed to replace legacy mobile generator systems in demanding industrial environments.YahooHybrid Power Solutions Secures $203,000 Order From Canada's Largest Transit CommissionHybrid Power Solutions Inc. secured a $203,000 order from a Canadian Transit Commission for its portable power system, the Spark Cube, along with custom accessories to support sustainable, off-grid energy needs. The order aims to enhance the transit operator's energy resilience, reduce reliance on traditional generators, and enable electric vehicle charging across the transit network. The deployment will help the transit system achieve its sustainability and energy goals.GlobeNewswireHybrid Power Solutions Announces Proof of Concept Agreement with Reliable Robots to Explore Industrial Automation at Etobicoke FacilityHybrid Power Solutions signed a Proof of Concept agreement with Reliable Robots to deploy autonomous mobile robots at its Etobicoke facility. The POC will test material handling and delivery tasks, with deployment expected within two weeks and a 4-6 week testing period. The collaboration aims to evaluate operational efficiency and scalability for future automation.YahooHybrid Power Solutions Announces Proof of Concept Agreement with Reliable Robots to Explore Industrial Automation at Etobicoke FacilityHybrid Power Solutions announced a proof of concept agreement with Reliable Robots to test autonomous mobile robots at its Etobicoke facility. The trial will evaluate robots from Pudu Robotics and Keenon Robotics for material handling, aiming to improve operational efficiency and scalability.