Westport Receives $6.5 Million Milestone Payment for Light-Duty Divestiture

Westport Fuel Systems has received a $6.5 million milestone payment from the divestiture of its Light-Duty business, strengthening its cash position. The payment reflects progress in the post-closing steps of the divestiture and is part of a previously announced sale. Westport expects additional payments as the transaction phases are completed. The company remains disciplined in executing the remaining elements of the divestiture process and ongoing operational efficiency improvements.