Hybrid Power Solutions Expands Distribution Through Dragonfly Energy Partnership

Hybrid Power Solutions Inc. has announced a new distribution agreement with Dragonfly Energy Holdings Corp., establishing a strategic partnership that will expand distribution of Hybrid's advanced battery energy storage and portable power systems. The agreement enables Dragonfly Energy to distribute Hybrid's cutting-edge products, including the Batt Pack Pro, to its extensive customer network, marking a significant step in Hybrid Power Solutions' mission to broaden market reach and deliver sustainable, emission-free power solutions to a wider audience.

By leveraging Dragonfly Energy's established distribution channels and expertise in the energy storage sector, Hybrid aims to accelerate adoption of its innovative portable power systems in key markets including mobile services, recreational vehicle, and off-grid applications. Tyler Bourns, CMO at Dragonfly Energy, stated that partnering with Hybrid Power Solutions expands their mission with North American-assembled systems engineered for the most demanding commercial, industrial, and off-grid applications.

Francois Byrne, CEO of Hybrid Power Solutions, expressed enthusiasm for the partnership, noting that Dragonfly Energy shares their vision for advancing clean energy solutions. The distribution agreement will allow Hybrid to bring reliable, eco-friendly power systems to a broader customer base, further driving the transition to sustainable energy. Dragonfly Energy Holdings Corp. is a comprehensive lithium battery technology company specializing in cell manufacturing, battery pack assembly, and full system integration through its Battle Born Batteries brand.

Dragonfly Energy has established itself as a frontrunner in the lithium battery industry with hundreds of thousands of reliable battery packs deployed through top-tier OEMs and a diverse retail customer base. The company's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications including energy storage systems, electric vehicles, and consumer electronics. More information about Dragonfly Energy and its commitment to clean energy advancements can be found at https://investors.dragonflyenergy.com.

Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange that specializes in developing portable power systems eliminating the need for fossil fuels in off-grid and remote applications. The company maintains a focus on environmental responsibility and technological innovation while committing to lead the clean energy transition. Additional company information is available at https://www.investhps.com.