Toronto, Ontario – November 28, 2025 – TheNewswire – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (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. (NASDAQ: DFLI) (“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 energy sector, particularly in high-demand applications such as remote operations, emergency response, and sustainable infrastructure projects. Our portable power systems - known for their rugged durability, rapid deployment, and zero-emission performance - are increasingly adopted across industries seeking reliable alternatives to diesel generators.

Francois Byrne, CEO and Founder of Hybrid Power Solutions, commented: "This partnership with Dragonfly marks a powerful validation of our product platform and manufacturing scalability. The forward order secures production visibility and strengthens our supply chain resilience. Manufacturing products sold under Dragonfly’s Battle Born brand amplifies market reach and signals deep trust in Hybrid’s technology - delivering fuel-free power that performs under real-world pressure. As demand surges from AI data centers, transit fleets, and industrial microgrids, orders like this position Hybrid at the forefront of the clean power revolution."

This transaction follows Hybrid’s 2025 performance, which saw expanded distribution agreements, transit agency deployments, and growing traction with universities and construction firms. The Company continues to prioritize North American manufacturing reshoring, cost discipline, and R&D acceleration to meet rising global demand for resilient, scalable clean power.

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.