CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company focused on clean ultra-high purity (UHP) hydrogen, has announced a long-term hydrogen supply contract with Hone Inc., a provider of mobile hydrogen power solutions for the film and television production industry. The agreement formalizes and extends a commercial relationship that began with CHARBONE's first hydrogen sales in Ontario in January 2026.
Hone delivers mobile hydrogen power as a clean alternative to diesel generators. Their trailer-mounted 165 kW hydrogen ICE generator systems replicate standard 1,400-amp diesel gensets, eliminating emissions on set. Each generator day can displace more than 1.5 tonnes of CO2 compared to diesel operations. CHARBONE's hydrogen fuels Hone's proprietary Fuel Block™ delivery and drop-and-swap refueling system, enabling uninterrupted power throughout production.
The partnership has gained traction with a major Hollywood studio filming multiple productions in Toronto, which has utilized Hone's hydrogen generator service and CHARBONE's clean hydrogen on several occasions. This validation underscores the real-world viability of hydrogen as a reliable power source in mobile and time-sensitive production environments.
The binding long-term supply agreement covers a term of two years. Consistent with its practice, CHARBONE is not disclosing volume, pricing, or financial terms to maintain its competitive position. The company notes that demand for its clean UHP hydrogen continues to outpace available supply, highlighting the strategic importance of expanding its production network.
“This long-term supply agreement with Hone is a direct extension of the commercial momentum we established earlier this year, and it reflects something meaningful: the entertainment industry is not just testing hydrogen, it is integrating it into active studio production workflows,” said Dave Gagnon, Chairman & CEO of CHARBONE. “Clean hydrogen is proving its value in some of the most demanding operational environments, where reliability, safety, and performance are non-negotiable.”
Ry Smith, CEO of Hone, added: “Partnering with CHARBONE on a long-term basis gives Hone the supply certainty we need to confidently serve our clients across multiple Hollywood productions, and a diverse range of other industries and clients. Clean, reliable hydrogen is the foundation of our service offering, and CHARBONE's clean UHP hydrogen meets the quality and logistics standards our customers depend on.”
CHARBONE is building a network of clean UHP hydrogen production facilities across North America and selected international markets, using a modular, decentralized, and demand-driven approach. The company serves customers in semiconductors, data centers, pharmaceuticals, and aerospace, where UHP gases are critical for high-precision manufacturing. For more information, visit www.charbone.com. Hone Inc. is based in Etobicoke, Ontario, and its mobile hydrogen solutions also serve fleet EV charging, construction, and remote communities. More details are available at www.honeinc.ca.
