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BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

Can-Am Spyder Hybrid Roadster Development Update [Video]

It’s been about a year since Bombardier Recreational Products announced it was developing a hybrid version of the Can-Am Spyder Roadster. Developed in partnership with the Advanced Technology Center at Sherbrooke University in Quebec and with funding from the Government of Canada, the hybrid Spyder is an ambitious project for BRP. We met up with Scott MacWilliam from BRP at the Toronto Motorcycle Show to take a look at a working prototype of the Can-Am’s hybrid three-wheeler.

Bombardier Designs Alternative-Fuel Unicycle

Not only has Bombardier designed and built snowmobiles, planes, trains and the Can-Am Spyder, the privately held Quebec-based company also tinkers with prototypes like the Embrio – the French Canadian answer to the Segway Human Transporter and resembles closely to the “Uno”. Unlikely to ever see actual production, this one-wheeled concept uses gyroscopic technology to balance its rider. The vehicle was allegedly designed to demonstrate what we bipedal humanoids might be using for transportation in the year 2025.