Strategic Partnership to Expand Distribution of Hybrid’s Advanced Battery Energy Storage Systems

TORONTO, ONTARIO - November 4, 2025 (NEWMEDIAWIRE) - Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company"), a Canadian manufacturer of advanced battery energy storage and portable power systems, is excited to announce a new distribution agreement (“Agreement”) with Dragonfly Energy Holdings Corp. (“Dragonfly Energy”), a leading innovator in lithium-ion battery technology and energy storage solutions. This partnership will enable Dragonfly Energy to distribute Hybrid’s cutting-edge products, including the Batt Pack Pro, to its extensive customer network.

This Agreement marks a significant step in Hybrid Power Solutions’ mission to broaden its 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 the adoption of its innovative portable power systems in key markets, including mobile services, recreational vehicle (RV), and off-grid applications.

“At Dragonfly Energy, we’re focused on delivering reliable, high-performance power solutions that enable energy independence for our customers,” said Tyler Bourns, CMO at Dragonfly Energy. “Partnering with Hybrid Power Solutions expands that mission with North American–assembled systems engineered for the most demanding commercial, industrial, and off-grid applications.”

“We are thrilled to partner with Dragonfly Energy, a company that shares our vision for advancing clean energy solutions,” said Francois Byrne, CEO of Hybrid Power Solutions. “This distribution agreement will allow us to bring our reliable, eco-friendly power systems to a broader customer base, further driving the transition to sustainable energy.”

About Dragonfly 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 renowned 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 in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy’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. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.

About Hybrid Power Solutions

Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol "HPSS." The Company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.

On Behalf of the Company,

Francois Byrne, CEO and Director

For further information, inquiries, or media opportunities, please contact:

Hybrid Power Solutions
E: invest@hybridps.ca
T: 866-549-2743
www.investhps.com

Investor Relations
Dean Stuart
E: dean@boardmarker.net
T: 403-617-7609

Forward-Looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by terminology such as "will," "expects," "anticipates," or variations of such words and phrases, or by statements that certain actions, events, or results "will" occur. Forward-looking statements are based on management’s estimates as of the date such statements are made and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

View the original release on www.newmediawire.com

This contant was orignally distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Hybrid Power Solutions Announces Distribution Agreement With Dragonfly Energy Holdings Corp..