HIGHLIGHTS 

  • Hybrid Power Solutions signs an MOU with CarboMat to co-develop low-cost sustainable anodes for lithium-ion batteries. 
  • CarboMat’s BAM technology may cut anode production costs by up to 40%. 
  • Hybrid plans to integrate these anodes into its Terra microgrid systems for improved performance. 
  • The partnership targets commercial pilots through 2026 and product deployment by 2027. 
  • The collaboration supports a more sustainable, Canadian-controlled battery materials supply chain. 

Hybrid Power Solutions Inc.(CSE:HPSS)has entered a Memorandum of Understanding with CarboMat Inc., a Canadian innovator in advanced carbon materials. The agreement lays out the foundation for a joint development program aimed at creating low-cost and sustainable anode materials for next-generation lithium-ion batteries. These materials will be optimized specifically for Hybrid’s Terra microgrid systems—platforms widely used across construction, mining, rail, and marine applications. 

CarboMat will apply its proprietary battery anode material technology, designed to reduce dependency on mined graphite while lowering production costs by as much as 40%. These eco-friendly alternatives are engineered to compete with conventional graphite supply chains dominated by global sources. Hybrid will focus on integrating these materials into its scalable battery modules to enhance energy density, charge rates, and overall lifecycle performance. 

Advancing Canadian Battery Supply Chain and Sustainability Goals 

According to Hybrid CEO and Founder Francois Byrne, the collaboration represents a significant breakthrough for sustainable power systems. Bringing together field-proven microgrid technologies and CarboMat’s innovative carbon-based anodes allows both companies to accelerate the development of greener, more affordable energy solutions. The partnership is expected to generate meaningful commercial interest from organizations seeking cleaner alternatives to diesel-powered operations. 

CarboMat CEO Shabab Saad highlighted that the initiative is an important step toward establishing a dependable and sustainable graphite supply chain for Canada. CarboMat’s process converts low-value industrial by-products into high-purity anode-ready carbon structures, helping reduce environmental impact while lowering procurement risks. With more than USD 5 million in non-dilutive government support, the company continues to scale its pilot facilities and refine its technology for commercial applications. This collaboration is expected to drive increases in cycle life, energy density, and emission reductions across Hybrid’s Terra systems. 

Commercial Roadmap Toward 2027 Deployment 

The agreement outlines a timeline for joint pilot programs beginning in Q2 2026 and continuing through Q4 of the same year. The partners expect to integrate CarboMat’s graphite-based anodes into the first commercially available Terra units by Q3–Q4 2027. These deployments will support early customer trials, real-world performance validation, and broader go-to-market strategies. 

This partnership positions both Hybrid and CarboMat at the forefront of Canada’s clean energy and advanced materials sectors, contributing to a future where energy systems are more sustainable, cost-efficient, and accessible. Together, the companies aim to accelerate the transition from fossil-fuel reliance toward electrified, emission-reducing solutions across demanding industrial environments. 

Conclusion 

Hybrid Power Solutions’ newly formed MOU with CarboMat marks a pivotal moment in Canadian clean energy innovation. By combining advanced carbon materials with proven microgrid technologies, the companies aim to deliver sustainable, high-performance lithium-ion battery solutions tailored for demanding industrial applications. This collaboration not only supports improved battery efficiency and affordability but also reinforces the development of a resilient Canadian supply chain for future energy storage systems. 

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