News Releases

Westport Fuel Systems Reports Third Quarter 2017 Financial Results

Order Fulfillment of Westport™ HPDI 2.0 + Strengthened Balance Sheet

Westport Fuel Systems Inc.reported financial results for the third quarter ended September 30, 2017, and provided an update on operations.

Westport Fuel Systems to Announce Third Quarter Results On Tuesday, November 14, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Tuesday, November 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

Westport Fuel Systems Awarded NAFTAL Tender

BRC to Supply 40,000 LPG Systems in Algeria

Westport Fuel Systems Inc. announced today that BRC Gas Equipment was awarded a competitive tender bid by Algeria’s National Company for Petroleum Products Marketing and Distribution to supply 40,000 liquid petroleum gas sequential injection systems to be delivered into the growing Algerian market in 2018.

Westport Fuel Systems to Repay Existing Debentures at Maturity

Early Termination of Debenture Tender Offer and Cancellation of Meeting of Debentureholders

Westport Fuel Systems Inc. announced today that it has terminated the previously announced tender offer for Westport Fuel Systems 9% unsecured subordinated non-convertible debentures effective immediately. Prior to cancellation of the tender offer, an aggregate of Cdn.$4,838,000 principal amount of Debentures were tendered to the offer and will be acquired by Westport Fuel Systems. Westport Fuel Systems expects to repay the remainder of the Debentures on their original maturity date of September 15, 2017.

Westport Fuel Systems Reports Second Quarter 2017 Financial Results

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 to Announce Second Quarter Results on Monday, August 14, 2017

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 Announces Underwriters' Exercise of Over-Allotment Option

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 Closes Offering of Common Shares

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 Prices Offering of Common Shares

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.

Westport Fuel Systems Provides Q2 2017 Revenue Guidance and Pro Forma Cash Summary

Westport Fuel Systems Inc. announced today that it expects Q2 2017 revenues to be $57-$59 million for the quarter ended June 30, 2017 and a cash balance of approximately $87 million at June 30, 2017.