Polar Power announces 27KW Summit Series deliveries

Polar Power announces that improvements in the supply chain have resulted in the delivery of its newly introduced Summit Series, 27 kW diesel fueled DC generators to the U.S. telecom market. The Polar Power 27 kW Summit is one of the most compact, lightweight, and lowest noise power generator options currently servicing the US 5G telecom applications, extending Polar’s Power’s capabilities in telecom DC generators, now ranging from 6kW through 27kW. Polar Power’s initial deliveries in the 27 kW category began in 2022, for lower emission natural gas and propane fueled DC generators, and the product is also now offered in a diesel fuel configuration. Robust demand for this product in aggregate from US Tier 1 5G operators, estimated to be growing at 25% per? year, is anticipated to drive higher levels of orders, sales, and profits from this product line at Polar Power. Given the anticipated growth of the market and the easing of residual supply chain constraints in the market since the COVID-19 pandemic, the Company sees potential to exceed its previous annual peak DC generator sales of $20M from this 27 kW Summit series alone within the next two to three years.