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

Dr. Praveen Jain, CEO of SPARQ Systems Inc., Awarded the 2023 Killam Prize in Engineering

Toronto, Ontario--(Newsfile Corp. - March 20, 2023) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) ("SPARQ") is pleased to announce that its Chief Executive Officer, Dr. Praveen Jain, is one of the recipients of the 2023 Killam Prize. The Killam Prize is awarded annually to active Canadian scholars who have distinguished themselves through sustained research excellence, making a significant impact in their respective fields of engineering, health sciences,...

2023-03-20 7:25 AM EDT

SPARQ Completes Amalgamation with Wholly-Owned Subsidiary and Name Change

Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - Further to its press release dated December 19, 2022, SPARQ Systems Inc. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, SPARQ Corp.) (the "Company" or "SPARQ") is pleased to announce that, effective today, the Company has completed a short form vertical amalgamation with its wholly-owned subsidiary, SPARQ Systems Inc., pursuant to the Business Corporations Act (Ontario) (the "Amalgamation"). Upon completion of the Amalgamation, the Company...

2023-01-03 8:31 AM EST

SPARQ Announces Amalgamation with Wholly-Owned Subsidiary and Name Change

Toronto, Ontario--(Newsfile Corp. - December 19, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "SPARQ") is pleased to announce that its board of directors has authorized a short form vertical amalgamation with its wholly-owned subsidiary, SPARQ Systems Inc., pursuant to the Business Corporations Act (Ontario) (the "Amalgamation"). Upon completion of the Amalgamation, the Company intends to change its name from "SPARQ Corp." to "SPARQ Systems Inc." (the "Name Change"),...

2022-12-19 5:00 PM EST

SPARQ Exhibits Its QUAD Microinverters at Intersolar India

Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "SPARQ") is pleased to announce that it will be exhibiting its latest QUAD microinverter products at Intersolar in Gandhinagar, India from December 7-9, 2022. Praveen Jain, the Company's Chief Executive Officer, commented, "We are excited to walk the floors of one of the world's largest trade shows after a three year hiatus. We are looking forward to meeting with our customers and...

2022-12-02 7:25 AM EST

SPARQ Announces Appointment of Country Manager in India

Toronto, Ontario--(Newsfile Corp. - December 1, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "SPARQ") is pleased to announce that it has appointed Mr. Salil Gupta as Country Manager in India. Salil Gupta has over 37 years of experience in techno-commercial roles with leading companies in India. For the first 15 years of his career at Max India Limited, Mr. Gupta promoted and implemented high-tech in multilayer printed circuit board manufacturing through tie-ups with...

2022-12-01 5:00 PM EST

SPARQ Announces Appointment of Vice President of Program Management

Toronto, Ontario--(Newsfile Corp. - November 23, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "SPARQ") is pleased to announce that it has appointed Dr. Hassan Kojori as Vice President of Program Management. Prior to joining the Company, Dr. Kojori spent the past 22 years working as an engineer at Honeywell Aero Space, where he developed 48 power electronics and digital controls inventions to provide improved, expanded and sustainable business line offerings. Dr. Kojori...

2022-11-23 5:00 PM EST

SPARQ Develops a Unique QUAD Microinverter for Solar Water Pump Applications

Toronto, Ontario--(Newsfile Corp. - November 14, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company" or "SPARQ") is pleased to announce that it has developed a unique three-phase QUAD microinverter for solar water pump applications. The new three-phase QUAD microinverter is multipurpose and compatible with existing technologies, capable of working on-grid, off-grid, and with any type of water pump. Multipurpose inverters help farmers run water pumps and irrigate their farms, while...

2022-11-14 5:05 PM EST

SPARQ Announces Filing of Financial Results for the Three and Six Months Ended June 30, 2022

Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (formerly, MJ Innovation Capital 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, 2022. An electronic copy of each document may be obtained on the Company's SEDAR profile at...

2022-08-22 5:10 PM EDT

SPARQ Commences Trading on OTCQX and Announces DTC Eligibility

Toronto, Ontario--(Newsfile Corp. - August 4, 2022) - SPARQ Corp. (TSXV: SPRQ) (OTCQX: SPRQF) (the "Company") is pleased to announce that, effective as of August 4, 2022, the Company's common shares commenced trading on the OTCQX® Best Market ("OTCQX") under the symbol "SPRQF". The Company's common shares will continue to trade on the TSX Venture Exchange as its primary listing under the symbol "SPRQ". OTCQX provides value and convenience to U.S. investors, brokers and institutions seeking to...

2022-08-04 5:00 PM EDT

SPARQ Obtains Regulatory Certification for Its Q2000 QUAD Microinverter and Enters into Manufacturing Agreement with Ti-Lane

Toronto, Ontario--(Newsfile Corp. - July 26, 2022) - SPARQ Corp. (TSXV: SPRQ) (the "Company") is pleased to announce that its wholly-owned subsidiary, SPARQ Systems Inc. ("SPARQ"), has obtained regulatory certification for its new Q2000 QUAD microinverter on July 22, 2022. The Q2000 microinverter is the industry's first highest power rating microinverter that produces electrical energy from four photovoltaic ("PV") panels of 550W+ each, without any power clipping under all operating...

2022-07-26 4:30 PM EDT

Sparq Announces Filing of Financial Results for the Three Months Ended March 31, 2022

Toronto, Ontario--(Newsfile Corp. - May 24, 2022) - SPARQ Corp. (TSXV: SPRQ) (formerly, MJ Innovation Capital 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, 2022. An electronic copy of each document may be obtained on the Company's SEDAR profile at www.sedar.com. ABOUT SPARQ SPARQ's...

2022-05-24 4:53 PM EDT

SPARQ Announces Filing of Financial Results for the Year Ended December 31, 2021

Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - SPARQ Corp. (formerly, MJ Innovation Capital Corp.) (TSXV: SPRQ) ("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, 2021. An electronic copy of each document may be obtained on the Company's SEDAR profile at www.sedar.com. ABOUT SPARQ SPARQ's head office is located at...

2022-04-20 5:10 PM EDT

SPARQ Enters into Manufacturing Memorandum of Understanding with Ti-Lane Precision Electronic Company

Toronto, Ontario--(Newsfile Corp. - March 24, 2022) - SPARQ Corp. (TSXV: SPRQ) (formerly MJ Innovation Capital Corp.) (the "Company") is pleased to announce that its wholly-owned subsidiary, SPARQ Systems Inc. ("SPARQ"), has entered into a memorandum of understanding dated March 23, 2022 (the "MOU"), with Ti-Lane Precision Electronic Company Limited ("Ti-Lane") for the high-volume manufacturing of inverters. Ti-Lane is a global leader in providing connector and cable assembly products for...

2022-03-24 5:00 PM EDT

SPARQ Corp. Announces Appointment of New Director

Toronto, Ontario--(Newsfile Corp. - March 1, 2022) - SPARQ Corp. (TSXV: SPRQ) (formerly MJ Innovation Capital Corp.) (the "Company") is pleased to announce the appointment of Dr. Arul Shanmugasundaram to the Company's board of directors (the "Board"). Dr. Arul Shanmugasundaram is currently the Executive Director of Ayana Renewable Power Private Limited, India, where he is responsible for business development, technology and asset management functions. Previously, he was the Chief Operating...

2022-03-01 4:45 PM EST

SPARQ Corp. (Formerly MJ Innovation Capital Corp.) Announces Resumption of Trading

Toronto, Ontario--(Newsfile Corp. - January 6, 2022) - SPARQ Corp. (formerly MJ Innovation Capital Corp.) (TSXV: SPRQ) (the "Company" or the "Resulting Issuer") is pleased to announce that the common shares in the capital of Company (the "Common Shares") and the common share purchase warrants issued on December 31, 2021 (the "Warrants") will commence trading on the TSX Venture Exchange (the "TSXV") following completion of its qualifying transaction at the open of the market on January 7,...

2022-01-06 8:51 PM EST

SPARQ Corp. (Formerly MJ Innovation Capital Corp.) Announces the Completion of Qualifying Transaction

Toronto, Ontario--(Newsfile Corp. - December 31, 2021) - SPARQ Corp. (TSXV: SPRQ) (formerly MJ Innovation Capital Corp.) (the "Company" or the "Resulting Issuer") announces the completion of its previously announced qualifying transaction (the "Qualifying Transaction") resulting in the reverse takeover of the Company by SPARQ Systems Inc. ("SPARQ"), a private company incorporated under the laws of the Province of Ontario. Further details of the Qualifying Transaction are available in the...

2021-12-31 12:40 PM EST

MJ Innovation Announces Filing of Filing Statement in Connection with Qualifying Transaction

Toronto, Ontario--(Newsfile Corp. - December 23, 2021) - MJ Innovation Capital Corp. (TSXV: MSMJ.P) ("MJ" or the "Company") is pleased to announce that, further to its press release dated September 15, 2021 announcing the receipt of conditional approval from the TSX Venture Exchange (the "TSXV") for its previously announced qualifying transaction (the "Transaction") with SPARQ Systems Inc., the Company has filed a filing statement dated December 23, 2021 with the TSXV, also available on its...

2021-12-23 7:36 PM EST

SPARQ Systems Inc. and MJ Innovation Capital Corp. Announce Closing of $10,000,000 Private Placement

Toronto, Ontario--(Newsfile Corp. - December 22, 2021) - MJ Innovation Capital Corp. (TSXV: MSMJ.P) ("MJ") and SPARQ Systems Inc. ("SPARQ") are pleased to announce the closing of the previously announced brokered private placement (the "Offering") of subscription receipts (the "Subscription Receipts") of SPARQ. Pursuant to the Offering, SPARQ issued an aggregate of 20,000,000 Subscription Receipts at a price of $0.50 per Subscription Receipt (the "Issue Price") for gross proceeds of...

2021-12-22 7:31 PM EST

MJ Innovation Capital Corp. Receives Conditional Approval for and Provides Update on Qualifying Transaction with SPARQ Systems Inc.

Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - MJ Innovation Capital Corp. (TSXV: MSMJ.P) ("MJ") is pleased to announce that, further to its press release dated June 10, 2021, it has received conditional approval from the TSX Venture Exchange (the "TSXV") for its proposed qualifying transaction (the "QT") with SPARQ Systems Inc. ("SPARQ"), whereby the parties intend to effect a reverse takeover of MJ by SPARQ. Trading in the common shares of MJ (the "MJ Shares") has been halted in...

2021-09-15 7:45 AM EDT

MJ Innovation Capital Corp. Reports Results of Its Special Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - MJ Innovation Capital Corp. (TSXV: MSMJ.P) ("MJ" or the "Company"), a capital pool company listed on the TSX Venture Exchange (the "TSXV"), announces that all matters submitted to shareholders for approval as set out in detail in the Company's management information circular dated June 30, 2021 (the "Circular") were approved at the special meeting of the shareholders of the Company held on August 4, 2021 (the "Meeting"). At the Meeting,...

2021-08-04 3:28 PM EDT

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