CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company, has 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 in January 2026.
Hone delivers mobile hydrogen power as a clean alternative to diesel generators. Its trailer-mounted 165 kW hydrogen ICE generator systems replicate the standard production 1,400-amp diesel genset, 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 through this partnership 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, subject to agreed terms and conditions. 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.
“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,” said Dave Gagnon, Chairman & Chief Executive Officer of CHARBONE. “Clean hydrogen is proving its value in some of the most demanding operational environments, where reliability, safety, and performance are non-negotiable. We are proud to be the supply partner enabling that transition, and we look forward to supporting Hone and their clients across what we expect to be a growing number of Hollywood productions.”
“Partnering with CHARBONE on a long-term basis gives Hone the supply certainty we need to confidently serve our clients across multiple Hollywood productions, and a diverse range of other industries and clients,” said Ry Smith, CEO of Hone. “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.
