SmartD Technologies Secures $15M CAD Financing Round

Co-Led by Hammond Power Solutions and Desjardins Capital to Accelerate Global Deployment of Its SiC-Based VFD Technology

MONTREAL, April 02, 2026 (GLOBE NEWSWIRE) — SmartD Technologies, a pioneer in Silicon Carbide (SiC)-based variable frequency drives, today announced the successful closing of its latest financing round totaling $15 million CAD. This round was co-led by existing strategic investor Hammond Power Solutions (HPS) and new institutional shareholder Desjardins Capital. All existing shareholders ...