SPARQ Systems Inc.

Sparq Systems' origins come from the advanced research conducted at ePOWER, the Centre for Energy and Power Electronics Research at Queen's University in Kingston, Ontario, Canada. Led by IEEE Fellow and ePOWER Director Dr. Praveen Jain, Sparq Systems has successfully combined the efforts of some of the world's most forward-thinking power conversion engineers to yield a highly efficient, compact, and versatile power conversion platform embodied in the Sparq Systems portfolio.

Recent News

Sparq Announces Engagement of Investor Relations Consultant

Toronto, Ontario--(Newsfile Corp. - June 26, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce that it has engaged John Welsh (the "IR Consultant") to provide investor relations services to the Company. The IR Consultant will, among other things, initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities.The initial term of the agreement...

2025-06-26 5:00 PM EDT

Sparq Announces Commencement of Commercial Production in India

Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce the commencement of commercial production of its microinverters in India. Working with its contract manufacturer IL JIN Electronics (India) Private Limited ("IL JIN"), a subsidiary of Amber Enterprises India Ltd ("Amber"), the Company has successfully commissioned assembly and test lines at IL JIN's manufacturing plant in Noida, India. The units produced to date...

2025-05-26 7:00 AM EDT

SPARQ Systems Named in TSX Venture 50 List of Top Performing Companies

Toronto, Ontario--(Newsfile Corp. - February 19, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce that it has been included in the TSX Venture 50 list in the Clean Technology and Renewable Energy sector. TSX Venture 50 is a ranking of the 50 top-performing companies on the TSX Venture Exchange over the last year. Companies are ranked based on three equally-weighted criteria of one-year share price appreciation, market capitalization increase,...

2025-02-19 5:01 PM EST

SPARQ Introduces Unique Integrated PV and Battery Quad Microinverter

Toronto, Ontario--(Newsfile Corp. - February 13, 2025) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce that it has developed a unique integrated PV and battery Quad microinverter with energy storage capability for residential and commercial applications. This revolutionary product is versatile and compatible with existing technologies, capable of working on-grid, off-grid, and with any types of battery technology, such as Lithium-Ion and Lead Acid, among others. Incorporating energy storage...

2025-02-13 5:05 PM EST

SPARQ Comments on Recent Market Activity

Toronto, Ontario--(Newsfile Corp. - January 2, 2025) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") wishes to confirm at the request of the Canadian Investment Regulatory Organization that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.ABOUT SPARQSPARQ designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary PV solution called the ...

2025-01-02 11:43 AM EST

SPARQ Engages Integral Wealth Securities for Market-Making Services

Toronto, Ontario--(Newsfile Corp. - December 31, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce it has entered into a letter agreement dated December 20, 2024 (the "Agreement") with Integral Wealth Securities Limited ("Integral") to provide market-making services with the objectives of maintaining a reasonable market and improving the liquidity of the Company's common shares. The Agreement is subject to the prior approval of the TSX Venture Exchange.The Agreement has an initial...

2024-12-31 5:00 PM EST

SPARQ Announces Appointment of New Director

Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce the appointment of Magomet Malsagov to the Company's board of directors (the "Board").Mr. Malsagov is a seasoned entrepreneur and executive with over 20 years of experience in the food and beverage and IT sectors. He founded PureCircle Ltd, a global leader in high-purity stevia ingredients, where his leadership drove exponential growth, generating over $1 billion in sales...

2024-10-21 7:20 AM EDT

SPARQ Receives Purchase Order for Additional 20 MW Worth of Microinverters

Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce that on August 27, 2024 the Company received a purchase order for supplying 10,000 Q2000 Quad Microinverters for the Indian market. This order is in addition to the order for 6,000 Q2000 Quad Microinverters announced in June 2024."This is another testament for SPARQ's innovative microinverters in the growing Indian PV market," commented Dr. Praveen Jain, Chief...

2024-08-28 5:10 PM EDT

SPARQ Announces Appointment of Chief Technology Officer and Stock Option Grants

Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce it has appointed Majid Pahlevani as its Chief Technology Officer. Dr. Pahlevani, who was previously the VP of Technology of the Company, invented multiple cutting-edge power circuitry and digital control techniques for SPARQ's main product, the QUAD micro-inverter. Prior to SPARQ, he collaborated with Freescale Semiconductor, Inc., where he was the leader of a research team working...

2024-07-02 7:20 AM EDT

SPARQ Receives 12 MW Worth of Purchase Orders

Toronto, Ontario--(Newsfile Corp. - June 27, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) ("SPARQ" or the "Company") is pleased to announce that on June 26, 2024 the Company received purchase orders for supplying over six-thousand Q2000 Quad Microinverters for the Indian market. "It is a major step forward for the Company to enter into the Indian PV market," commented Dr. Praveen Jain, Chief Executive Officer of SPARQ.ABOUT SPARQSPARQ designs and manufactures next generation single-phase microinverters for residential...

2024-06-27 7:20 AM EDT

SPARQ Completes Previously Announced Shares for Debt Settlement

Toronto, Ontario--(Newsfile Corp. - June 10, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce that, further to its press release on June 3, 2024, the Company has issued an aggregate of 1,775,639 common shares at a deemed issuance price of $0.40 per share to settle in full $710,256 owing to certain arm's length parties pursuant to outstanding unsecured loans. The common shares issued pursuant to the debt settlement are subject...

2024-06-10 5:00 PM EDT

SPARQ Announces Closing of Second Tranche of Private Placement

Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) ("SPARQ" or the "Company") is pleased to announce it has completed the second tranche of its brokered private placement (the "Offering") of common shares in the capital of the Company ("Common Shares") previously announced in its press release dated May 6, 2024 and updated by press release on May 31, 2024.The second tranche was completed today and consisted of the issuance of 18,950,975 Common Shares...

2024-06-07 5:53 PM EDT

SPARQ Announces Closing of First Tranche of Private Placement and Increase in Size of Private Placement

Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce it has completed the first tranche of its brokered private placement (the "Offering") of common shares in the capital of the Company ("Common Shares") previously announced in its press release dated May 6, 2024.The first tranche was completed on May 31, 2024 and consisted of the issuance of an aggregate of 11,938,746 Common Shares at a price...

2024-06-03 7:46 AM EDT

SPARQ Announces Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") announces that it intends to sell, on a brokered private placement basis, in one or more tranches, common shares in the capital of the Company (the "Common Shares") at a price of $0.40 per Common Share for aggregate gross proceeds of up to $5,000,000 (the "Offering"). The Company has engaged Pollitt & Co. Inc. (the "Agent") to offer the Common Shares...

2024-05-06 9:26 AM EDT

SPARQ Systems Enters into Technology Partnership with Jio Things

Long-term partnership to enable large-scale manufacturing of microinvertersPartnership to leverage scale, technology-leadership and software-centric design of partners to create cutting-edge use cases Toronto, Ontario and Mumbai, India--(Newsfile Corp. - February 8, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "Sparq"), a Kingston, Ontario, Canada based company, is pleased to announce the signing of a manufacturing and supply agreement with Jio Things Limited, a leading technology player in India and a subsidiary of Jio Platforms Limited ("JPL"),...

2024-02-08 11:07 AM EST

SPARQ Announces Filing of Financial Results for the Three and Nine Months Ended September 30, 2023; Completion of Loan Financing

Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) ("SPARQ" or the "Company") announces the filing with Canadian securities regulatory authorities of its interim consolidated financial statements and related management's discussion and analysis for the three and nine months ended September 30, 2023. An electronic copy of each document may be obtained on the Company's SEDAR+ profile at www.sedarplus.ca.The Company also announces that it has obtained an unsecured loan from 96347 Canada...

2023-11-27 5:18 PM EST

SPARQ Announces Filing of Financial Results for the Three and Six Months Ended June 30, 2023

Toronto, Ontario--(Newsfile Corp. - August 23, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) ("SPARQ" or the "Company") is pleased to announce the filing with Canadian securities regulatory authorities of its condensed interim consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, 2023.An electronic copy of each document may be obtained on the Company's SEDAR+ profile at www.sedarplus.ca. ABOUT SPARQSPARQ designs and manufactures next generation single-phase microinverters...

2023-08-23 5:35 PM EDT

SPARQ Announces Filing of Financial Results for the Three Months Ended March 30, 2023

Toronto, Ontario--(Newsfile Corp. - May 23, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) ("SPARQ" or the "Company") is pleased to announce the filing with Canadian securities regulatory authorities of its condensed interim consolidated financial statements and related management's discussion and analysis for the three months ended March 31, 2023.An electronic copy of each document may be obtained on the Company's SEDAR profile at www.sedar.com. ABOUT SPARQSPARQ designs and manufactures next generation single-phase microinverters for residential...

2023-05-23 5:10 PM EDT

SPARQ Announces Filing of Financial Results for the Year Ended December 31, 2022

Toronto, Ontario--(Newsfile Corp. - April 20, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) ("SPARQ" or the "Company") is pleased to announce the filing with Canadian securities regulatory authorities of its audited financial statements and related management's discussion and analysis for the year ended December 31, 2022.An electronic copy of each document may be obtained on the Company's SEDAR profile at www.sedar.com. ABOUT SPARQSPARQ designs and manufactures next generation single-phase microinverters for residential and commercial solar...

2023-04-20 5:05 PM EDT

SPARQ Enters into Sales and Distribution Agreement with Rolaz Green Energy

Toronto, Ontario--(Newsfile Corp. - March 27, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) (the "Company" or "SPARQ") is pleased to announce that it has entered into a sales and distribution agreement dated March 24, 2023 (the "Distribution Agreement") with Rolaz Green Energy PVT. Ltd ("Rolaz"), a company based in India.Under the Distribution Agreement, SPARQ has appointed Rolaz as its non-exclusive importer, vendor and distributor within the territory of India of all models of SPARQ's microinverters and...

2023-03-27 5:01 PM EDT

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