January 11, 2017
Westport Fuel Systems today commended the publication of a new study by West Virginia University scientists at the Center for Alternative Fuels, Engines and Emissions (“CAFEE”) quantifying methane emissions from heavy-duty natural gas-powered vehicles and refueling stations.Find out more
August 23, 2016
Next generation natural gas engines and vehicles including Westport High Pressure Direct Injection 2.0 (“Westport™ HPDI 2.0”) and Enhanced Spark Ignition (“Westport™ ESI”) technologies comply with the new Phase 2 GHG emissions and fuel efficiency standards and offer significant GHG emission reduction benefits through the combination of low-carbon fuels and high-efficiency engines.Find out more
August 22, 2016
Westport Fuel Systems announced that it has entered into agreements to sell an 11.7% interest in the Weichai Westport Inc. joint venture for gross proceeds of 48.2 million RMB (approximately US$7.2 million) to Weichai Holding Group Co., Ltd. and an additional undisclosed purchaser. Associated with the sale, Westport Fuel Systems will also receive a dividend payment of 23.8 million RMB (approximately US$3.5 million) from the joint venture, generating total gross proceeds of 72.0 million RMB (approximately US$10.7 million).Find out more
December 18, 2015
Westport and AVL List GmbH. have entered into an agreement to deliver next-generation Westport high pressure direct injection (Westport HPDI™) gas technology.Find out more
November 2, 2015
Westport provides an update to its Westport High Pressure Direct Injection (Westport™ HPDI) second generation or "HPDI 2.0" development program.Find out more
October 19, 2015
Westport has entered into new agreements with Volvo Group governing the development, commercial launch and supply of Westport High Pressure Direct Injection (Westport™ HPDI) 2.0 technology in its heavy-duty trucks over the next several years.Find out more
July 9, 2015
Westport has completed an engineering program with Daimler AG to develop and assess Westport High Pressure Direct Injection (HPDI) system for a Daimler heavy duty engine. The prototype HPDI engine met all technical targets resulting in a payment of 2.4 million Euro (approximately $2.7 million USD) by Daimler to Westport.Find out more
September 30, 2014
Westport gives an update to its Westport high pressure direct injection (Westport™ HPDI) second generation or "HPDI 2.0" development program and identified plans to further refine investment programs to align with its original equipment manufacturer (OEM) customers and the global pace of natural gas vehicle adoption and related infrastructure build out. In line with the pace of market adoption, Westport has updated its near term revenue outlook for the year ended December 31, 2014.Find out more
April 28, 2014
First Shipments Underway with World’s Largest Diesel Engine Manufacturer; Next Platform for HPDI Underway in Largest Market for Natural Gas TrucksFind out more
March 3, 2014
Global Auto Supplier and Westport Combine Strengths for Natural Gas Heavy-Duty ApplicationsFind out more
Enhanced Liquidity and Continued Execution on Stated Goals
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call on Monday, August 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
Westport Fuel Systems Inc. announced today the exercise of the underwriters' option from its previously announced offering to purchase an additional 2,425,000 common shares at the Offering price of US$1.50 per share. With the exercise of the option, Westport issued a total of 19,125,000 common shares under the offering for gross proceeds of US$28,687,500.
Westport Fuel Systems Inc. announced today the closing of its previously announced offering of 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.
Westport Fuel Systems will offer 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.