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Global Power Solutions Corp. Signs LOI Joint Development Agreement to Deploy Modular “H2” Power Systems for Data Centres and Military Applications, Scaling from 80 kW to 1,000+ MW
Vancouver, BC, Canada, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Berlin and Frankfurt Stock Exchanges: NJA) (“Global Power” or the “Company”) is pleased to announce that it has entered into a Letter of Intent (“LOI”) with Northern Hydrogen and Energy Ltd. (“Northern Hydrogen”), with acknowledgement and consent from ModeOne Manpower Systems Corp. and MVP Systems (collectively the “Licensors”), to jointly develop and commercialize a next-generation
About this update from Global Power Solutions Corp
[{"type":"text","content":"Vancouver, BC, Canada, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Berlin and Frankfurt Stock Exchanges: NJA) (“Global Power” or the “Company”) is pleased to announce that it has entered into a Letter of Intent (“LOI”) with Northern Hydrogen and Energy Ltd. (“Northern Hydrogen”), with acknowledgement and consent from ModeOne Manpower Systems Corp. and MVP Systems (collectively the “Licensors”), to jointly develop and commercialize a next-generation modular hydrogen-based power platform capable of scaling from 80 kilowatts to utility-scale deployments exceeding 1,000 megawatts entirely from water using off the shelf technologies using novel configuration.","length":710,"tagName":"p"},{"type":"text","content":"The LOI represents a major strategic milestone for Global Power, positioning the Company at the intersection of clean energy, grid-independent power, data infrastructure, and large-scale industrial demand.","length":205,"tagName":"p"},{"type":"text","content":"Strategic Significance","length":22,"tagName":"p"},{"type":"text","content":"Pursuant to the LOI, Global Power intends to assume Northern Hydrogen’s existing licence rights, subject to definitive agreements and required consents, and advance toward a non-exclusive, worldwide, perpetual licence to commercialize, using off the shelf technologies, proprietary Modular H₂ Reactor systems.","length":309,"tagName":"p"},{"type":"text","content":"These modular systems are designed to integrate on-site hydrogen production with continuous power generation, offering a scalable, dispatchable, and low-emission solution for applications including:","length":198,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Data centres and high-performance computing infrastructure","length":58,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":58,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Mobile and Strategic Military deployment","length":40,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":40,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Industrial and manufacturing facilities","length":39,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":39,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Remote and off-grid...