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

FOR IMMEDIATE RELEASE MONTREAL, CANADA — April 2ⁿᵈ, 2026 — 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 […]

Ending motor failure

from high vibration to high reliability with Clean Power VFD Reduction in vibrationacceleration Reduction in spike energy Motor and bearing failuressince the Clean Power VFDwas installed Objective Energir CCU had recurring bearing failures with thecurrent VFDs and wanted to eliminate the bearing and motor failures and reduce overall system stress. The objective was to find […]

The Image contains the words "smartD is partnering with Celestica" in both green and red. With a smartD drive in a black background.

New Manufacturing Partnership

A New Partnership: New Horizons SmartD Technologies, a leader in Silicon Carbide (SiC)-based VFDs, has partnered with Celestica to manufacture its flagship product, the Clean Power VFD. This strategic alliance allows SmartD to scale its supply chain and meet the rising demand for its innovative technology in the industrial automation market. The Clean Power VFD, […]