Hybrid Power Solutions announces Stocking Order from Dragonfly Energy

(TheNewswire)

Toronto, Ontario – November 28, 2025 – TheNewswire– Hybrid Power Solutions Inc. (FSE:
E092) ("Hybrid" or the "Company"), a Canadian
innovator in fuel-free clean power solutions, is pleased to announce a
stocking order from Dragonfly Energy Holdings Corp.
(“Dragonfly”), an industry leader in energy storage. Through this
order, Hybrid will manufacture and supply fully assembled portable
power units under Dragonfly Energy’s popular Battle Born® brand.

This order builds on Hybrid’s growing momentum in the clean energysector, particularly in high-demand applications such as remoteoperations, emergency response, and sustainable infrastructureprojects. Our portable power systems - known for their ruggeddurability, rapid deployment, and zero-emission performance - areincreasingly adopted across industries seeking reliable alternativesto diesel generators.

Francois Byrne, CEO and Founder of Hybrid Power Solutions, commented:"This partnership with Dragonfly marks a powerful validation ofour product platform and manufacturing scalability. The forward ordersecures production visibility and strengthens our supply chainresilience. Manufacturing products sold under Dragonfly’s BattleBorn brand amplifies market reach and signals deep trust in Hybrid’stechnology - delivering fuel-free power that performs under real-worldpressure. As demand surges from AI data centers, transit fleets, andindustrial microgrids, orders like this position Hybrid at theforefront of the clean power revolution."

This transaction follows Hybrid’s 2025 performance, which sawexpanded distribution agreements, transit agency deployments, andgrowing traction with universities and construction firms. The Companycontinues to prioritize North American manufacturing reshoring, costdiscipline, and R&D acceleration to meet rising global demand forresilient, scalable clean power.

About Hybrid Power Solutions

Hybrid Power Solutions Inc. is a Canadian clean energy innovatorlisted on the Canadian Securities Exchange under the symbol"HPSS." The Company specializes in developing portable powersystems that eliminate the need for fossil fuels in off-grid andremote applications. With a focus on environmental responsibility andtechnological innovation, Hybrid Power Solutions is committed toleading 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-lookinginformation" under Canadian securities legislation. Generally,forward-looking information can be identified by terminology such as"will," "expects," "anticipates," orvariations of such words and phrases, or by statements that certainactions, events, or results "will" occur. Forward-lookingstatements are based on management’s estimates as of the date suchstatements are made and are subject to risks, uncertainties, and otherfactors that may cause actual results to differ materially from thoseexpressed or implied by such statements.

The Canadian Securities Exchangedoes not accept responsibility for the adequacy or accuracy of thisrelease.

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