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Aegis Critical Energy Defence Corp. Reports Strategic Progress Across Energy Storage, Nuclear Integration, Partnerships & Market Growth and Corporate Restructuring of Hydrogen Asset
TMX Newsfile· 2026-02-10 23:07
Core Insights - Aegis Critical Energy Defence Corp. is advancing its Battery Energy Storage Systems (BESS) offerings and has formed partnerships to integrate these systems into critical infrastructure and defense sectors, with a new product rollout targeted for late Q2 2026 [1][2] Company Developments - Aegis has submitted a proposal for a ~90 MWh grid-scale BESS project in Ontario, with a $500,000 bond posted for the Independent Electricity System Operator's Long-Term 2 Request for Proposals, expected outcome in Q2 2026 [3] - The company has established a new subsidiary, Homeland Nuclear Energy Inc., focusing on Small Modular Reactors (SMRs) and Micro Modular Reactors (MMRs) to meet energy security and decarbonization goals [4] - Aegis has executed a Memorandum of Understanding with Malahat Energy Systems and Ontario Tech University to advance hybrid nuclear energy architectures integrating SMRs with BESS [5] Strategic Partnerships - Aegis is collaborating with Pixii Americas to supply next-generation battery solutions for telecommunications, reflecting strong market demand for resilient energy solutions [9] - The company is in discussions with a top-three Canadian telecommunications operator to enhance network reliability through integrated energy solutions [9] Market Expansion - Aegis is expanding into the U.S. market, having initiated its first operational installation in the Carolinas, with further installations planned in Indiana [9] - The company is aligning its capabilities with NATO-aligned governments to support energy resilience in defense-critical areas, particularly in Arctic and sub-Arctic regions [9] Financial and Structural Changes - Aegis has entered into a debt settlement agreement involving the issuance of 4,165,719 common shares of its subsidiary, Subco, at a deemed price of $0.02 per share [11] - Aegis plans to distribute 3,749,319 Spin-Out Shares to its shareholders, with the arrangement subject to various approvals [12][14]