Sparq Systems Inc. Announces CEO Dr. Praveen Jain’s Appointment to the Order of Canada

Toronto, Ontario – On January 5, 2026, Sparq Systems Inc. (TSXV: SPRQ) announced that its Chief Executive Officer, Dr. Praveen Jain, has been named an Officer of the Order of Canada by the Governor General. The Order of Canada is the country’s highest civilian honour, recognizing individuals who have made outstanding contributions to Canadian society.

Background of the Honour

The citation highlighted Dr. Jain’s role as a leading inventor in electrical energy processing. His work has advanced efficient power generation, transmission, and use through electronics. The citation also noted his mentorship of over 100 trainees and his recognition as an outstanding educator and innovator. The Governor General awarded Dr. Jain the honour in recognition of his contributions to the field of renewable energy and his service to the Canadian technology community.

Company Statement

Ravi Sood, Chairman of Sparq Systems, expressed gratitude and pride:

“On behalf of the Board of Directors and the entire Sparq family, I would like to extend our heartfelt congratulations on this monumental and well‑deserved tribute.”

Dr. Jain replied, “It is absolutely the greatest honour for me to receive this recognition from the Governor General.”

Company Overview

Sparq Systems designs and manufactures next‑generation single‑phase micro‑inverters for residential and commercial solar electric applications. The company’s proprietary product, the Quad inverter, optimizes the performance of four photovoltaic modules, enhancing efficiency and reliability for customers worldwide. With operations based in Kingston, Canada, Sparq continues to innovate within the renewable energy sector.

Market Context

  • Stock Exchange: TSX Venture Exchange (TSXV: SPRQ)
  • Currency: CAD
  • 2026‑01‑01 Close Price: 0.69 CAD
  • 52‑Week High (2025‑01‑06): 1.41 CAD
  • 52‑Week Low (2025‑11‑26): 0.61 CAD
  • Market Capitalization: 93,390,000 CAD
  • Price‑to‑Earnings Ratio: –17.95

The CEO’s recent national honour may influence investor perception of the company’s leadership and technological leadership in the renewable energy market.