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Hybrid Power Solutions, Inc. ( (TSE:HPSS) ) just unveiled an announcement.
Hybrid Power Solutions Inc. has announced the development of a new cross-platform fleet management and remote monitoring software designed to optimize the operation of its power units. This system integrates advanced AI, GPS tracking, and remote diagnostics to enhance efficiency and reduce costs, offering both Wi-Fi and cellular communication options. The company expects this platform to generate recurring revenue through a subscription service, supporting further advancements in fleet management technology. Additionally, Hybrid has engaged Boardmarker Group for investor relations services and canceled nine million performance warrants to streamline its capital structure.
More about Hybrid Power Solutions, Inc.
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, focusing on environmental responsibility and technological innovation to lead the clean energy transition.
YTD Price Performance: 25.00%
Average Trading Volume: 402,388
Technical Sentiment Signal: Sell
For detailed information about HPSS stock, go to TipRanks’ Stock Analysis page.