Core Viewpoint - Aegis Critical Energy Defence Corp. has signed a Memorandum of Understanding with Malahat Energy Systems Inc. and Ontario Tech University to collaborate on hybrid nuclear energy architectures, integrating Small Modular Reactors (SMRs) and Micro Modular Reactors (MMRs) with advanced battery energy storage systems [1][2] Collaboration Scope - The collaboration will focus on various applications, including marine and port infrastructure, where hybrid nuclear energy systems can address challenges such as peak loads and extreme weather [5] - In the defence sector, the hybrid nuclear energy approach is relevant for energy independence and performance in remote conditions, with potential applications in military installations and Arctic operations [6] Technical Aspects - The collaboration will involve modeling SMR/MMR electrical characteristics, designing hybrid configurations, and developing cyber-secure energy management systems [7] - A joint technical coordination group has been established to advance initial work plans and milestones [12] Market Relevance - SMRs and MMRs are becoming important as scalable sources of reliable, low-carbon baseload power, with a growing global market driven by demand for clean energy and energy security [3] - Hybrid nuclear energy systems offer a pathway to merge consistent nuclear output with agile battery systems, enhancing Aegis's growth in defence, infrastructure, and industrial segments [4] Intellectual Property and Funding - The MOU does not impose financial obligations on any party, and grant applications are underway to support research and potential patent-generating activities [9] - Foreground intellectual property from the collaboration will belong to Aegis, while background intellectual property will remain with the respective owners [10][11]

Company Name Change and Trading Update - Energy Plug Technologies Corp. will change its name to Aegis Critical Energy Defence Corp. and commence trading under the new ticker symbol "QESS" on November 17, 2025 [1] - The name change was approved by the company's board of directors on November 7, 2025 [1] Shareholder Information - New CUSIP (00783T109) and ISIN (CA00783T1093) numbers have been assigned to the common shares, and no action is required from shareholders regarding the name change [2] - Outstanding common share and warrant certificates with the old name remain valid and unaffected by the name change [2] Financial Performance and Investor Confidence - Over $2.2 million in outstanding warrants has been exercised in the past 30 days, indicating strong trading activity and sustained share price appreciation [3] - The company's common shares have reached four new 52-week highs recently, reflecting growing investor confidence in its market presence and strategic partnerships [3] CEO's Statement and Future Plans - The CEO expressed gratitude for investor support and highlighted the company's focus on innovation, execution, and partnerships [4] - Proceeds from warrant exercises will strengthen the company's balance sheet, enabling acceleration in product commercialization, manufacturing capacity expansion, and certification programs for North American and international markets [4] Product Development Focus - The company is focused on developing advanced battery energy storage systems (BESS) for industrial, utility, and defense applications, integrating robust engineering and cybersecurity [5] - A pipeline of over 15 developments is in various stages, providing diversified growth opportunities across energy storage, defense applications, marine, and critical infrastructure [5] Rebranding and Market Positioning - The rebranding to Aegis aligns with the company's advanced technology stack and commercial identity, positioning it for accelerated expansion in high-demand markets [6] - A new website will be launched in conjunction with the name change [6]