It depends there's things I think one could read into in both shows like the Troopers looking like Power Rangers when they're in battle grid mode, Haley from Dino Thunder having Ziktor as her last name, Thrax looking like Grimlord.
Nothing concrete I'll admit in fact you'd have to ask the people in charge of the show.
But if this is just personal opinion then yeah I like to think all the various Saban superheroes live in the same universe.
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