u/canconshow

In 2001 Hammond's transformer division spun off into Hammond Power Solutions Inc. $HPS.A.TO, up 190% in the last year sitting at 296 CAD today, market cap of 2.7B.

Hammond Manufacturing is sitting at about 17CAD, running up 85% in the last year. Market cap is only 145 million with Q1 showing 75million sales, 5.8mil net income. EPS went from 0.42 -> 0.47 YoY within the tariff environment.

They're opening an 85,000sqft expansion to their facility in Guelph. With this major shift in electrification their big transformer/grid work is going to benefit HPS, but maybe HMM is going to run alongside as more low voltage electrical upgrades are done to compliment this?

Anyone have thoughts? Anyone holding Hammond Power Solutions? It looks pricey as hell rn but with good sense? Their website looks like it hasn't been edited in the last 20 years which is kind of a vibe I can get behind. https://www.hammfg.com/

Alright so everybody knows that drones are where things are moving in defence and we’ve seen a big spike/hype around air based/sea based drones (think FLT/PNG).  It seems like ground based drones for resupply, de-mining, medevac and even combat are going to be the next big thing. 

I was watching this video on the weekend and the guy from Rovertech mentioned that they used a lot of agricultural tech for gps mapping etc… and it got me wondering who ya’ll think the Canadian player would be to supply us with ground based drones.  

Some of the more obvious companies that I can imagine taking that step:

• MDA - with launching 49North it seems there is more of a shift towards defence work than pure space plays.  I’m sure that was already there given the nature of their work but launching a separate entity focused on defence definitely sends a signal.
• PNG - remote piloting robotics company growing fast, already a Canadian success story the government might look to help make a world leader.
• FLT - their remote piloting program could likely collaborate with other manufacturers?
• Roshel - making armoured personnel carriers in Ontario, not publicly traded though.

I'm just starting to do some looking into this myself, wondering if folks know of others who might already be in that space or might be looking for a pivot.