PPSI News & Events

Reports FY25 revenue $27.6M, two estimates $28.5M. "We delivered 21% year-over-year revenue growth in 2025 and met our guidance, indicating strong execution and continued demand for our mobile and distributed power solutions," said Nathan Mazurek, CEO of Pioneer. "Throughout the year, we strategically front-loaded investments to scale our manufacturing platform. The higher initial build costs associated with our new power systems, PRYMUS and PowerCore, were one-time refinements that we believe were needed to allow for a more efficient, high-margin production model as we move into 2026. We are now at an important stage of our development. Pioneer has expanded beyond mobile EV charging into providing mobile distributed energy systems, engineered to solve two urgent power challenges of the recent years: the infrastructure bottleneck of AI-driven compute and the escalating demand for residential energy independence. By launching PRYMUS and PowerCore, we have expanded our addressable market and shifted our portfolio toward what we believe to be mission-critical, high-value deployments. The market response is encouraging. PRYMUS is offering solutions to the 'power gap' for edge AI and data centers, with initial engagements secured in the first quarter of 2026 and shipments scheduled for 2027. Meanwhile, PowerCore is set to begin shipments in the second half of this year, intended to capture a premium residential segment that is increasingly decoupling from traditional grid constraints. As we look ahead to 2026, we expect our core e-Boost business to provide a stable, reliable foundation, while our new platforms serve as the primary engines for significant growth over the long-term. Early customer engagement and the quality of our initial orders for PRYMUS and PowerCore suggest that our strategy is aligned with the market's trajectory. We are no longer just preparing for growth. We are responding to and taking active steps to capture market demand by investing in a robust pipeline of high-value deployments that we believe will drive significant long-term value for our shareholders."

Pioneer Power down 18% after FY25 results

Pioneer Power announced a strong start to 2026 with approximately $1.8M received from new orders through mid-February.

Pioneer Power announced that Pioneer eMobility, its e-Boost business unit, has signed a memorandum of understanding with Savvy Charging Technologies. This landmark agreement launches e-Boost's new international franchise model and represents a step forward in its global expansion into international markets. The MOU establishes the framework for Savvy Charging to serve as a strategic partner and franchisee in the UAE. Savvy Charging holds vital local permits from authorities. The partnership will initially focus on localizing the e-Boost product line to meet accelerating fleet electrification mandates in the region. A core element of the MOU is the transfer of e-Boost's technology to a Pioneer- and Savvy-designated manufacturing partner in a low-cost in-country or near-country zone, ensuring full compliance with UAE standards.