News Releases

December 1, 2017
Cummins Westportboard membersmanagement

Cummins Westport Announces Changes to its Board of Directors and Management Team

In accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. (NYSE:CMI) and Westport Fuel Systems Inc. (TSX:WPRT/NASDAQ:WPRT). The changes are effective as of January 1, 2018.

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November 14, 2017
financialcorporate

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.

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November 8, 2017
financialcorporate

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).

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October 31, 2017
BRCpropane

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.

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August 29, 2017
corporatefinancial

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.

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August 14, 2017
corporatefinancial

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).

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August 7, 2017
corporatefinancial

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).

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July 28, 2017
corporatefinancial

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.

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July 19, 2017
corporatefinancial

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.

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July 14, 2017
corporate

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.

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News Releases

June 4

Westport Fuel Systems Reports First Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2020 and provided an update on operations.

May 28

Westport Fuel Systems Secures €5 Million Loan from UniCredit

Transaction to Strengthen the Liquidity of Emer S.p.A. in Brescia, Italy

May 26

Westport Fuel Systems Awarded GASTEC Tender

BRC to Supply Systems to the Growing Egyptian Market

April 30

Westport Fuel Systems Publishes 2020 Annual and Special Meeting of Shareholders Results

Shareholders approved all resolutions presented at the Meeting.

April 29

Westport Fuel Systems to Announce First Quarter Results on Thursday, June 4, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, June 5, 2020 at 10:30am ET (7:30am PT)

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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