Praveen Jain, CEO of Sparq Systems Inc., Awarded Order of Canada
Rhea-AI Summary
Sparq Systems (OTCQB: SPRQF) announced that its CEO, Dr. Praveen Jain, was named an Officer of the Order of Canada by the Governor General on January 5, 2026. The citation recognizes Dr. Jain as a leading inventor in electrical energy processing who advanced efficient power generation, transmission and use through electronics and who has mentored more than 100 trainees as an educator and innovator.
The company quoted its chairman in congratulating Dr. Jain, and Dr. Jain described the honour as the greatest recognition from the Governor General of Canada.
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News Market Reaction
On the day this news was published, SPRQF gained 6.78%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Sparq Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) (FSE: M26) ("Sparq" or the "Company") is pleased to announce that its Chief Executive Officer, Dr. Praveen Jain, has been named as an Officer of the Order of Canada by the Governor General of Canada, the nation's highest civilian honour. The citation for Dr. Jain's appointment as an Officer of the Order of Canada noted he is a leading inventor in electrical energy processing which has advanced efficient power generation, transmission and use through electronics and that he has shaped the field while mentoring more than 100 trainees, earning recognition as an outstanding educator and innovator.
Ravi Sood, Chairman of the Company, commented: "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."
Upon receiving the honour, Dr. Jain commented: "It is absolutely the greatest honour for me to receive this recognition from the Governor General of Canada."
ABOUT SPARQ
Sparq designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. Sparq has developed a proprietary PV solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Sparq's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.
Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Sparq Systems Inc.
Dr. Praveen Jain
Chief Executive Officer
Email: pjain@sparqsys.com
Tel: 343.477.1158
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279452
FAQ
What recognition did Sparq Systems CEO Dr. Praveen Jain receive on January 5, 2026?
How did the Order of Canada citation describe Dr. Praveen Jain's contributions for SPRQF investors?
Will Dr. Praveen Jain's Order of Canada likely affect Sparq Systems' (SPRQF) leadership credibility?
When was the Order of Canada honour for Dr. Praveen Jain announced by Sparq Systems (SPRQF)?
What did Sparq Systems' chairman say about Dr. Praveen Jain's award?
Does the announcement for SPRQF include any financial or operational changes following the award?
