CHARBONE Corporation Secures Five-Year Hydrogen Supply Agreement in Ontario Market

CHARBONE CORPORATION has achieved a significant commercial milestone through the execution of a five-year hydrogen supply agreement with an Ontario-based independent distributor. This long-term contract establishes regular deliveries of clean Ultra High Purity hydrogen, providing stable and recurring demand for CHARBONE's specialized hydrogen products while marking the company's inaugural presence in the Ontario market. The agreement represents a strategic expansion for the company's operations in Eastern Canada and positions CHARBONE for continued growth within the clean energy sector.

Initial deliveries under the new contract are scheduled to commence in November 2025, utilizing a newly commissioned Type 1 hydrogen tube trailer that has achieved full certification from Transport Canada and the Technical Standards and Safety Authority for operation in Ontario. This regulatory achievement constitutes a crucial operational milestone for the company's transportation subsidiary, CHARBONE Systems Inc., which successfully completed all necessary engineering, regulatory, and safety processes within an eight-month timeframe to meet Canada's stringent hydrogen handling standards. The rapid achievement of full regulatory compliance demonstrates the company's operational capabilities and commitment to safety protocols essential in the hydrogen distribution industry.

Dave B. Gagnon, CEO of CHARBONE, emphasized the strategic significance of this development, noting that the contract validates the company's ability to establish a trusted, compliant, and secure hydrogen supply network. Ontario represents a rapidly expanding region for clean UHP hydrogen demand, and this agreement strengthens CHARBONE's presence in Eastern Canada while supporting the company's broader expansion strategy in the clean energy sector. The company's operational approach prioritizes safety and excellence throughout its logistics chain, ensuring reliable commercial deliveries under the new agreement. Additional information about the company's operations and strategic direction is available through their corporate website at https://www.charbone.com.

This contract extends beyond a simple commercial transaction, signifying CHARBONE's successful navigation of complex regulatory requirements and its establishment of a foothold in key North American markets. The company's achievement of full regulatory compliance within eight months underscores its operational capabilities and dedication to safety standards, which represent critical factors in the hydrogen distribution industry. As CHARBONE continues developing its distributed network of green hydrogen production plants, this Ontario agreement provides a template for future market expansion and demonstrates the company's growing role in North America's transition to cleaner energy sources. The agreement reinforces CHARBONE's position as an emerging player in the clean hydrogen supply chain while contributing to the broader adoption of hydrogen as a clean energy alternative.