Hybrid Power Solutions Raises $1.07M in Final Financing Tranche at C$0.06 Per Unit
Hybrid Power Solutions closed the final tranche of its Life Offering on January 19, 2026, raising CDN $53,025 by issuing 883,750 units at C$0.06 per unit. The company has now issued 17,798,749 units for total gross proceeds of $1,067,925, including warrants exercisable at C$0.10 for 24 months.
1. Proof of Concept Agreement with Reliable Robots
On January 19, 2026, Hybrid Power Solutions executed a Proof of Concept Development Agreement with Reliable Robots to deploy autonomous mobile robots (AMRs) at its new Etobicoke facility. The initial phase will evaluate platforms such as the PUDU T300, capable of transporting up to 600 kg with VSLAM+ navigation, and the Keenon T9 for lighter‐duty tasks with a 40 kg payload. Over a 4–6 week testing period beginning approximately two weeks after the effective date, Hybrid’s operations team will collect data on cycle times, uptime percentage and material handling throughput. Regular progress reviews and a joint summary report will identify top‐impact tasks, quantify potential reductions in manual labour and model scalability for future production growth. Reliable Robots will provide equipment, setup, training and support at no cost during the trial, while Hybrid will furnish facility access and operational feedback.
2. Final Tranche of Life Offering Financing Closed
On January 19, 2026, Hybrid Power Solutions closed the final tranche of its Life Offering, issuing 883,750 units for gross proceeds of CAD 53,025 and bringing the total raised under the program to CAD 1,067,925 through issuance of 17,798,749 units. Each unit comprises one common share and one warrant exercisable at CAD 0.10 for 24 months, subject to an acceleration right if the share price reaches CAD 0.20 for 20 consecutive trading days. Eligible finders received CAD 38,690.40 in fees and 644,840 non‐transferable warrants. Proceeds will fund ongoing operations, research and development, sales initiatives and marketing. Completion remains subject to regulatory approvals, including the Canadian Securities Exchange’s final acceptance.