Exhibit 99.1

Ballard FCmove®-SC fuel cell engine makes
series-production debut in next-generation Solaris Urbino 12 hydrogen bus
New purpose-built hydrogen bus platform and transit
fuel cell engine combine compact design, improved performance and tailored service support to lower lifecycle costs for public transit
operators.
VANCOUVER, BC, Nov. 5, 2026 /CNW/ -- Ballard Power
Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that its FCmove®-SC fuel cell engine will make its series-production
debut in the new-generation Solaris Urbino 12 hydrogen transit bus. This milestone follows the extension of the companies' long-term supply
agreement, broadens the scope of cooperation and reflects their continued commitment to advancing hydrogen bus technology.
Designed for city transit duty cycles, the FCmove®-SC
combines efficient power generation with a compact architecture that simplifies vehicle integration and servicing when in operation. Its
design draws on Ballard's extensive operating experience to help manufacturers and operators improve performance and reduce lifecycle
costs.

New-generation Solaris Urbino 12 Hydrogen © Solaris
"The FCmove®-SC's first integration
into series production brings our latest fuel cell technology into Solaris's new bus platform designed around everyday operational needs,"
said Oben Uluc, Chief Revenue Officer, Ballard Power Systems. "For manufacturers, that means simpler integration and greater design
flexibility. For operators, it means efficiency, serviceability and long-term value - making hydrogen buses an increasingly competitive
option for zero-emission public transport."
A new vehicle architecture for hydrogen-powered
transit
The new-generation Solaris Urbino 12 hydrogen is built
on the unified platform shared by the latest Urbino buses. Removing the conventional engine tower creates space for additional rear seating,
while the flexible positioning of roof-mounted components improves service access.
The fuel cell serves as the bus's primary energy source,
generating electricity for a centrally mounted traction motor. A supporting traction battery supplies additional power during peak demand
and stores energy recovered through regenerative braking.
Fuel cell innovation focused on lifecycle value
The FCmove®-SC introduces several improvements
for bus manufacturers and operators:
- More power in a compact package: A 57% increase in volumetric
power density through integrated DC/DC packaging.
- Simpler vehicle integration: An internal DC/DC converter
and power controller reduce external interfaces and consolidate functionality.
- Improved thermal management: Maximum radiator outlet temperature
increases from 60°C to 75°C, supporting reduced cooling requirements and greater use of waste heat for cabin heating.
- Easier servicing: A 40% reduction in total part count simplifies
the system and helps reduce maintenance requirements.
- Enhanced safety: Revised internal stack-enclosure geometry
provides passive protection against hydrogen-related risks.
The FCmove®-SC delivers up to 80kW
of rated power and 57% peak efficiency, with a specified lifetime exceeding 25,000 operating hours. It also supports freeze-start operation
down to −30°C and remote diagnostics to help identify maintenance needs.

Ballard FCmove®-SC transit bus fuel cell module
Building on hydrogen bus leadership
As the leading supplier of fuel cell engines for transit
vehicles, Ballard has powered more than 2,500 fuel cell buses worldwide, collectively exceeding 300 million kilometres of operation. This
experience informs product development and support for manufacturers and fleet operators.
Supporting fleets throughout their operating life
Alongside its fuel cell products, Ballard offers lifecycle
support through Ballard Fleet360°. The service offering combines remote performance monitoring, data analytics, maintenance planning
and service expertise to help customers anticipate service needs, reduce unplanned downtime and manage fleet performance. Fleet360°
availability and coverage are agreed separately for individual fleets in coordination with the vehicle manufacturer.
Ballard's capabilities extend beyond fuel cell engines
to include hydrogen production, logistics, refuelling and integrated Energy-as-a-Service solutions. These expanded capabilities strengthen
Ballard's ability to provide the technology, services and hydrogen solutions customers need to deploy and operate zero-emission fleets
at scale.
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) is
a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service (EaaS) provider. Together, with its wholly
owned subsidiary, GeoPura Ltd., Ballard delivers turnkey, vertically integrated hydrogen ecosystem solutions spanning hydrogen production,
logistics, refuelling, zero-emission fuel cell engines, and stationary Hydrogen Power Units.
Ballard powers critical off-grid, stationary applications
– including construction, events, film sets, healthcare, defense, temporary power infrastructure, and supplies fuel cell engines
for heavy-duty mobility applications such as bus, rail, and marine. With an EaaS model, combined with cutting-edge technology across the
hydrogen value chain, Ballard decarbonizes mission-critical operations worldwide. To learn more about Ballard, visit www.ballard.com.
This release contains forward-looking statements concerning
anticipated product and service attributes, product deliveries, and deployments. These forward-looking statements reflect Ballard's current
expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations
regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that
may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance
on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these
and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form.
Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release
any revisions to these forward-looking statements, other than as required under applicable legislation.
Further Information
Sumit Kundu – Investor Relations, +1.604.360.9714
or investors@ballard.com
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%CIK: 0001453015
CO: Ballard Power Systems Inc.
CNW 07:00e 05-NOV-26