CHARBONE Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company focused on clean ultra-high purity (UHP) hydrogen, announced a long-term hydrogen supply contract with Hone Inc., a provider of mobile hydrogen power solutions for the film and television production industry. The agreement formalizes and extends a commercial relationship that began with CHARBONE's first hydrogen sales in Ontario to Hone in January 2026.
Hone delivers mobile hydrogen power as a clean alternative to diesel generators for film and television productions. Its trailer-mounted 165 kW hydrogen ICE generator systems replicate standard production 1,400-amp diesel gensets, eliminating emissions on set. Each generator day can displace more than 1.5 tonnes of CO2 compared to diesel operations. CHARBONE's hydrogen serves as the fuel source for Hone's proprietary Fuel Block™ delivery and drop-and-swap refueling system, enabling uninterrupted power throughout production.
The commercial traction achieved demonstrates the real-world viability of hydrogen as a clean, reliable power source in mobile and time-sensitive production environments. A major Hollywood Studio with multiple productions filming in Toronto has utilized Hone's hydrogen generator service and CHARBONE's clean hydrogen on several occasions, validating both the technology and the supply chain.
The long-term supply agreement is binding and covers a term of two years. Consistent with its practice, CHARBONE is not disclosing volume, pricing, or financial terms to maintain its competitive position. The Company noted that demand for its clean UHP hydrogen continues to outpace available supply, underscoring the strategic importance of expanding its production network. Revenues from production, distribution, and service activities are presented on a consolidated basis in quarterly financial statements.
Dave Gagnon, Chairman & CEO of CHARBONE, said, "This long-term supply agreement with Hone is a direct extension of the commercial momentum we established earlier this year, and it reflects something meaningful: the entertainment industry is not just testing hydrogen, it is integrating it into active studio production workflows. Clean hydrogen is proving its value in some of the most demanding operational environments, where reliability, safety, and performance are non-negotiable."
Ry Smith, CEO of Hone, added, "Partnering with CHARBONE on a long-term basis gives Hone the supply certainty we need to confidently serve our clients across multiple Hollywood productions. Clean, reliable hydrogen is the foundation of our service offering, and CHARBONE's clean UHP hydrogen meets the quality and logistics standards our customers depend on."
For more information about CHARBONE, visit www.charbone.com. For more information about Hone, visit www.honeinc.ca.
