News Releases

August 18, 2008
stock marketfinancial

Westport Commences Trading on Nasdaq

Westport has commenced trading on the Nasdaq Global Market under the symbol “WPRT” and is now dual listed on both the Toronto Stock Exchange (under the symbol “WPT”) and the Nasdaq.

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August 5, 2008
financial

Westport Reports First Quarter Fiscal 2009 Financial Results

Revenues grow 62% to new quarterly record

Westport reported financial results for the first quarter of Fiscal Year 2009 ended June 30, 2008, and provided an update on operations.

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July 31, 2008
financial

Westport Announces Fiscal 2009 First Quarter Conference Call for Tuesday, August 5, 2008

Westport will disclose its first quarter financial results on Tuesday, August 5, 2008 before market open.

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July 22, 2008
financialstock market

Westport Innovations Inc. Files U.S. IPO Registration Statement with SEC in Connection with NASDAQ Listing Application and Effects Share Consolidation

Westport has filed a registration statement on Form F-10 with the U.S. Securities and Exchange Commission concurrently with a short-form prospectus in Canada in connection with its planned initial public offering of common shares in the United States. The common shares are being concurrently offered in Canada under the short-form prospectus.

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July 16, 2008
Weichai Westportpartnerships

Westport Innovations Partners with Weichai Power, China’s Largest Heavy Duty Engine Manufacturer

Joint Venture Powers International Growth in Engine Development

Westport has reached a joint venture agreement with Weichai Power Co., Ltd, China’s largest heavy duty engine manufacturer, and Hong Kong Peterson (CNG) Equipment Limited. The new entity, Weichai Westport Inc., will research, develop, design, manufacture, market, distribute and sell advanced, alternative fuel engines.

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July 14, 2008
partnershipsWestport

Westport Innovations Signs Development Agreement with Leading European Engine Manufacturer

Westport has entered into a development agreement with a leading European engine manufacturer on the proprietary High Pressure Direct Injection (HPDI) fuel system operating with natural gas and biogas. Westport and the European engine manufacturer will work together to integrate and test Westport’s HPDI fuel system on their engine platforms.

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July 3, 2008
financial

Westport Innovations Completes $15 Million Financing

Westport has completed the previously announced issuance of an aggregate of 15,000 debenture units for aggregate gross proceeds of $15,000,000.

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June 17, 2008
board members

Westport Files Management Information Circular for Special Meeting of Shareholders

Westport has filed its 2008 management information circular and related proxy materials with the Canadian regulatory authorities in preparation for the special shareholder meeting to be held on July 8, 2008 in Richmond, BC.

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June 12, 2008
financial

Westport Innovations Announces Debt Financing Agreement For $15 Million

Financing Supports Growth Opportunities

Westport has signed a financing agreement with a Canadian based independent equity investment firm to help fund Westport’s corporate development activities and other growth opportunities currently being pursued by Westport. Under the terms of the agreement, the investment firm has agreed to purchase $15,000,000 of debenture units.

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June 5, 2008
Westport 15LWestport HPDIcustomersWestport

Westport Receives Largest Non-Port Order to Date For Heavy Duty Fuel Systems

HayDay Farms Orders 20 LNG Trucks With Westport HPDI

HayDay Farms of Blythe, California has ordered 20 heavy duty liquefied natural gas (LNG) trucks featuring Westport’s High Pressure Direct Injection (HPDI) technology.

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News Releases

August 6

Westport Fuel Systems Reports Second Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2020 and provided an update on operations.

August 4

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

July 24

Westport Fuel Systems Secures €15 Million Loan from UniCredit

Transaction to Bolster the Liquidity of MTM in Cherasco, Italy

July 24

Westport Fuel Systems Announces Refinancing of Convertible Notes with Cartesian Capital Group

Westport Fuel Systems today announced that it has has entered into an agreement for the refinancing of its convertible notes held by funds associated with Pangaea Two Management, LP and Cartesian Capital Group.

July 23

Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

Westport Fuel Systems today announced that they have closed a US$10 million term credit facility from Export Development Canada to bolster liquidity during the COVID-19 pandemic.

Industry News

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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