Westport Fuel Systems Inc Common Shares

Westport Fuel Systems Inc. held its Annual General and Special Meeting of Shareholders on June 30, 2026, in a virtual format. Shareholders approved all resolutions presented, including the election of all six nominated directors, appointment of Deloitte LLP as auditors, an advisory vote on executive compensation, and a corporate name change. Dire...

Westport Fuel Systems announced a US$10 million registered direct offering of 4,854,369 common shares at US$2.06 per share, along with concurrent private placement warrants exercisable at the same price for two years. The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on Jun...

Westport Fuel Systems shares jumped 11.29% after its joint venture Cespira signed a hydrogen engine development agreement with Volvo Group. The agreement covers final development and commercialization of hydrogen HPDI fuel systems for Volvo's 13-liter engines, with commercial launch targeted before 2030. However, Wall Street expects declining rev...

Westport Fuel Systems Inc. announced its 2026 Annual General and Special Meeting will be held virtually on June 30, 2026. The company encourages shareholders to vote in advance and provides online access for registered shareholders and proxyholders to participate in the meeting.

Westport Fuel Systems reported Q1 2026 results showing a 33% revenue increase in its Cespira joint venture with Volvo Group, driven by strong LNG heavy-duty truck demand in Europe. However, consolidated revenues fell 69% to $2.3 million due to the planned end of a transitional service agreement. The company faces liquidity concerns, with manageme...