SPARQ Systems Inc
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Praveen K. Jain
- Full Time Employees
- 29
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- 945 Princess Street Kingston ON Canada K7L 0E9
- IPO Date
- Aug 9, 2019
- Website
- sparqsys.com
- Similar Companies
- Business
- SPARQ Systems Inc. designs, manufactures and markets solar-energy conversion, monitoring and energy-management solutions for residential, commercial and industrial photovoltaic installations. Founded in 2009 and headquartered in Kingston, Ontario, Canada, the Company operates through offices and distribution relationships in Canada, India and other international markets. Its principal product portfolio comprises proprietary Quad microinverters, including the Q1200 and Q2000 single-phase products, which connect to and independently optimize up to four photovoltaic modules through individual maximum power point tracking channels and convert direct-current output into grid-compliant alternating-current power; Quad3 true three-phase microinverter technology for commercial, industrial and large-scale photovoltaic applications supporting 380V, 400V and 480V grid systems; the SparqLinq real-time energy-system performance monitoring platform; the SparqVu multi-site performance-management and energy-monitoring platform; cables, communications equipment and related solar-installation accessories; and integrated photovoltaic-and-battery microinverter solutions. The Company’s technology platform uses patented digital-control and four-in-one microinverter architecture designed to reduce inverter count, installation complexity, balance-of-system costs and AC wiring requirements while providing module-level optimization, monitoring and reliability. SPARQ serves solar installers, distributors, developers, homeowners and commercial and industrial electricity users, and targets the solar photovoltaic, energy-storage, energy-management and electric-vehicle-related power-conversion markets. The Company maintains strategic research, manufacturing and market-development relationships with Queen’s University and ePower Lab, ILJIN Electronics, JioThings and Reliance New Energy, including a Jio/Reliance collaboration supporting development, manufacturing and pan-India distribution under the Jio SPARQ brand. Recent developments include the commencement of commercial production in India in May 2025; the introduction of an integrated PV-and-battery Quad microinverter in February 2025; the development of a Duo microinverter and an AI-driven grid power-control device during 2025; expansion into the African microinverter market; and purchase orders for Q2000 Quad microinverters for the Indian market, including an expanded order valued at approximately US$32 million announced in May 2026.
Company News
SPARQ Announces Engagement of Investor Relations Consultant
Sparq Receives Expanded Purchase Order for $32 Million of Microinverters
Sparq Receives Purchase Order For 60 MW of Microinverters
Sparq Announces Engagement of Corporate Communications Consultant
Praveen Jain, CEO of Sparq Systems Inc., Awarded Order of Canada
Majid Pahlevani, CTO of Sparq Systems Inc., Named an IEEE Fellow
Sparq Announces AI-Driven Grid Power Control Device
Sparq Announces Entry into African Microinverter Market
Sparq Announces Termination of Investor Relations Agreement
Sparq Announces Development of Duo Microinverter
Sparq Announces Engagement of Investor Relations Consultant
Sparq Announces Commencement of Commercial Production in India
SPARQ Systems Named in TSX Venture 50 List of Top Performing Companies
SPARQ Introduces Unique Integrated PV and Battery Quad Microinverter
SPARQ Comments on Recent Market Activity
SPARQ Engages Integral Wealth Securities for Market-Making Services
SPARQ Announces Appointment of New Director
SPARQ Receives Purchase Order for Additional 20 MW Worth of Microinverters
SPARQ Announces Appointment of Chief Technology Officer and Stock Option Grants
SPARQ Receives 12 MW Worth of Purchase Orders