Hybrid Power Solutions has entered into a Proof of Concept (POC) Development Agreement dated January 19, 2026 with service robotics provider Reliable Robots to evaluate autonomous mobile robots at its new Etobicoke facility. Over a 4–6 week test period beginning within two weeks of the agreement’s Effective Date, Hybrid will deploy units from Pudu Robotics’ T300 series (payload up to 600 kg, advanced VSLAM+ navigation, multi-modal delivery and lifting) and/or Keenon T9 robots (40 kg payload, high maneuverability) to benchmark material-handling efficiency, workflow improvements and scalability potential. Reliable Robots will supply hardware, setup, training, support and data analysis at no cost, while Hybrid will furnish facility access and operational feedback. Key performance indicators—including average load transport time, energy consumption per cycle and reduction in manual handling events—will be tracked and reviewed in regular progress meetings, culminating in a comprehensive summary report to guide future automation investments and facility layout decisions.

On January 19, 2026, Hybrid Power Solutions closed the final tranche of its Life Offering financing, issuing a total of 17,798,749 units for aggregate gross proceeds of CDN 1,067,925. Each unit consisted of one common share and one warrant exercisable over 24 months to acquire an additional share, with acceleration rights triggered by sustained market performance. The Company paid cash fees of 38,690.40 CDN to finders and issued 644,840 finder’s warrants under identical terms. Net proceeds will fund ongoing operations, product R&D, sales growth initiatives, marketing, general corporate purposes and administrative expenses. Completion of the offering remains subject to final regulatory approvals, including that of the Canadian Securities Exchange.