Hybrid Power Solutions Inc. announced a strategic partnership with Altrasav. The partnership, marked by the signing of a Letter of Intent (LOI), aims to expand the distribution of HPS products into Nigeria's burgeoning market. Supported by the Trade Commissioner Service (TCS) of the Canadian Embassy, this collaboration presents an opportunity to establish new business relationships and break boundaries where HPS products are critically needed.

This partnership underscores HPS's commitment to providing innovative energy solutions and addressing the pressing challenges faced by communities in Nigeria. A letter of intent for CAD 2 million has been received from Altrasav Limited for the purchase of Hybrid Power Solutions equipment for the Nigerian market.