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Sparq Announces Engagement of Corporate Communications Consultant
TMX Newsfile· 2026-02-02 22:00
Core Viewpoint - Sparq Systems Inc. has engaged Blaze Capital for corporate communications services to enhance investor relations and awareness of the company's activities [1][2]. Group 1: Consulting Agreement - The Consulting Agreement with Blaze Capital starts on February 2, 2026, for a duration of 12 months, with a fee of US$50,000 plus applicable taxes, payable monthly [2]. - Upon termination of the Consulting Agreement, Blaze Capital will have no claims against Sparq except for any earned but unpaid fees [2]. - The agreement is subject to regulatory approval by the TSX Venture Exchange [3]. Group 2: Company Overview - Sparq designs and manufactures next-generation single-phase microinverters for residential and commercial solar applications [4]. - The company has developed a proprietary PV solution called the Quad, which optimizes four PV modules with a single microinverter, simplifying design and installation while reducing costs compared to existing market offerings [4]. Group 3: Blaze Capital Overview - Blaze Capital is a corporate communications and investor awareness firm founded in 2018 by Justin Caron, focusing on supporting public companies with investor communications and market awareness [5]. - Justin Caron is also the Founder and CEO of The Algo, a financial technology platform aimed at market research and investor education, engaging over 200,000 retail investors through online content [6].
Praveen Jain, CEO of Sparq Systems Inc., Awarded Order of Canada
TMX Newsfile· 2026-01-05 22:01
Core Insights - Sparq Systems Inc. announced that its CEO, Dr. Praveen Jain, has been appointed as an Officer of the Order of Canada, the highest civilian honor in the nation, recognizing his contributions to electrical energy processing and education [1][2]. Company Overview - Sparq designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications [2]. - The company has developed a proprietary PV solution called the Quad, which optimizes four PV modules with a single microinverter, simplifying design and installation while reducing costs compared to existing market offerings [2]. - Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9 [2].
Majid Pahlevani, CTO of Sparq Systems Inc., Named an IEEE Fellow
Newsfile· 2025-12-01 22:00
Core Points - Sparq Systems Inc. announced that its Chief Technology Officer, Dr. Majid Pahlevani, has been named an IEEE Fellow, a prestigious honor awarded to a select group of members for significant contributions to technology and engineering [1] - The IEEE Fellowship is limited to no more than 0.1% of the total IEEE voting membership, which consists of nearly half a million members [1] - Dr. Pahlevani received this honor for his development of digital control techniques in high-frequency power conversion [1] Company Announcements - The Company has granted Dr. Pahlevani an aggregate of $10,000 in deferred share units (DSUs) under its Omnibus Equity Incentive Plan, which will vest one year from the date of grant [3] - Each vested DSU entitles the holder to receive a cash payment equal to the market value of one common share or, at the board's discretion, one common share or a combination thereof [3] Company Overview - Sparq designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications [4] - The Company has developed a proprietary PV solution called the Quad, which optimizes four PV modules with a single microinverter, simplifying design and installation while lowering costs compared to existing market offerings [4] - Sparq's head office is located in Kingston, Ontario [4]
Sparq Announces AI-Driven Grid Power Control Device
Newsfile· 2025-11-10 22:00
Core Insights - Sparq Systems Inc. has developed an AI-driven grid-power control (GPC) device aimed at enhancing power management in residential, commercial, and industrial solar applications [1][2] Company Overview - Sparq designs and manufactures next-generation single-phase microinverters specifically for solar electric applications, with a proprietary solution called the Quad that optimizes four PV modules with a single microinverter [4] Product Features - The GPC device operates in multiple modes including zero-power-export, static-power-export, and dynamic energy trading, making it versatile for various power systems [2] - It supports both single-phase and three-phase systems, and its wireless communication facilitates easy installation [2] - The device's AI and algorithm-centric design allows for system-level solutions without additional hardware, reducing installation complexity and costs [3] Management Commentary - The Chief Technology Officer emphasized that the GPC device simplifies installation and reduces costs by shifting functionality from hardware to software [3] - The Chief Executive Officer highlighted the flexibility and resilience of the new device, showcasing Sparq's innovative architecture [3]
Sparq Announces Termination of Investor Relations Agreement
Newsfile· 2025-10-24 21:00
Company Overview - Sparq Systems Inc. designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications [2] - The company has developed a proprietary PV solution called the Quad, which optimizes four PV modules with a single microinverter, simplifying design and installation while lowering costs compared to existing market offerings [2] - Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9 [2] Recent Developments - The company has terminated its investor relations agreement with John Welsh, which was initially announced on June 26, 2025 [1] - Sparq expressed gratitude to Mr. Welsh for the services rendered during the agreement [1]