Hybrid Power Solutions Raises C$1.07M Through Unit and Warrant Financing
Hybrid Power Solutions closed its final financing tranche, issuing 883,750 units at C$0.06 for C$53,025 and totaled C$1,067,925 from 17,798,749 units. Each unit includes a share and a warrant exercisable at C$0.10 for 24 months, accelerated after 20 days above C$0.20.
1. Proof of Concept Agreement Expands Automation Capabilities
On January 19, 2026, Hybrid Power Solutions executed a Proof of Concept (POC) Development Agreement with Reliable Robots to deploy autonomous mobile robots (AMRs) at its new Etobicoke manufacturing facility. The initial rollout includes Pudu Robotics’ T300 industrial delivery robots and Keenon Robotics’ T9 units. Over a 4–6 week testing phase beginning roughly two weeks after the agreement, Hybrid will collect data on cycle times, mean time between failures, and payload throughput to quantify improvements in material handling efficiency and workflow flexibility without requiring facility modifications.
2. Operational Metrics and Scalability Potential
The PUDU T300 supports payloads up to 600 kg and features advanced VSLAM+ navigation, while the Keenon T9 carries up to 40 kg in constrained spaces. Hybrid’s team will measure key performance indicators such as average delivery turnaround, queue reduction, and labor hours saved per shift. Joint progress reviews will identify high-impact tasks—delivery, lifting and follow-me modes—and explore extensions into cleaning and ancillary process-support operations, targeting a 15–20% reduction in manual handling costs and informing decisions on facility layout and future automation investments.
3. Final Tranche of Life Offering Raises Growth Capital
On January 19, 2026, Hybrid closed the final tranche of its Life Offering financing for gross proceeds of CDN$53,025, contributing to an aggregate raise of CDN$1.07 million through the issuance of over 17.7 million units. Each unit comprised one common share and one two-year warrant exercisable to acquire an additional share. The offering attracted participation under the Listed Issuer Financing Exemption, and no hold period applies to Canadian purchasers, enhancing liquidity for new and existing shareholders.
4. Deployment of Proceeds to Accelerate R&D and Production
Net proceeds from the Life Offering will fund ongoing company operations, R&D into next-generation portable power systems, sales growth initiatives and marketing campaigns. A finder’s fee of CDN$38,690 was paid, and finders received 644,840 non-transferable warrants. Hybrid expects this infusion of capital to support scaling of its clean-energy product line, underpin expansion of production capacity at Etobicoke, and advance strategic automation programs demonstrated through the Reliable Robots POC.