Hybrid Power Solutions, Inc. (TSE:HPSS) has released an update.
Hybrid Power Solutions, Inc., a Canadian fuel-free power solutions manufacturer, has announced a distribution partnership with the U.S.-based Colony Hardware to bolster the sales and rental of its innovative power products. The exclusive deal, expected to generate over $2 million in sales for Hybrid in the latter half of 2024, aims to leverage Colony’s extensive network to significantly expand Hybrid’s market presence and revenue. This strategic move underscores Hybrid’s commitment to advancing clean energy access across various industries.
For further insights into TSE:HPSS stock, check out TipRanks’ Stock Analysis page.