Welcome to our dedicated page for Hillcrest Energy Tech news (Ticker: HLRTF), a resource for investors and traders seeking the latest updates and insights on Hillcrest Energy Tech stock.
Hillcrest Energy Technologies (HLRTF) is a leader in advanced power conversion systems driving efficiency in electric vehicles and renewable energy infrastructure. This page provides investors and industry professionals with direct access to official announcements and strategic developments.
Discover comprehensive updates on Hillcrest's Zero Voltage Switching (ZVS) technology advancements, partnership agreements, and market expansion initiatives. Our curated news collection covers earnings reports, intellectual property milestones, and collaborations with key industry players like Ocean Batteries and Systematec.
Stay informed about Hillcrest's progress in optimizing energy systems for automotive and grid applications. All content is verified for accuracy and relevance, offering insights into technical innovations and commercial strategies without speculative commentary.
Bookmark this page for streamlined access to HLRTF's latest developments in clean energy technology. Check back regularly for real-time updates on performance benchmarks, regulatory compliance achievements, and global market penetration efforts.
Hillcrest Energy Technologies has successfully completed its first milestone in collaboration with a global Tier One automotive supplier. This achievement involves the integration of Hillcrest's optimized 250-kW Silicon Carbide (SiC) inverter into an electrical powertrain system. Following the successful demonstration tests, a purchase order has been issued for the next two milestones, which include further integration and testing phases in 2023. The ultimate goal is to commercialize a powerful 350-kW inverter by 2024. Hillcrest's technology has shown promising results in reducing electromagnetic interference, potentially extending the lifespan of components and reducing costs. This marks a significant step in Hillcrest's commitment to developing innovative power conversion technologies for sustainable energy solutions.
Hillcrest Energy Technologies (OTCQB: HLRTF) has engaged Craig-Hallum Capital Group as its capital markets advisory and investment banking firm effective April 15, 2023. This collaboration aims to advance Hillcrest's growth trajectory in clean technology and power conversion technologies. CEO Don Currie emphasized the strategic importance of partnering with a respected firm like Craig-Hallum, known for its experience in the industry. Hillcrest is focused on developing innovative energy solutions for a sustainable future. The company is publicly traded on multiple exchanges, including the OTCQB under the symbol HLRTF.
On April 11, 2023, Hillcrest Energy Technologies (CSE: HEAT, OTCQB: HLRTF) announced the appointment of Dan Coker as a strategic advisor. Coker, a veteran automotive executive known for his leadership role at Gentherm, is expected to aid in the execution of the company's growth strategy. Coker's extensive experience, including growing Gentherm to a billion-dollar enterprise, aligns with Hillcrest's mission to advance its clean technology innovations. Hillcrest's Chief Executive Officer, Don Currie, expressed confidence in Coker's ability to contribute to the company's scalability and commercialization efforts.
Coker emphasized Hillcrest's potential for disruption in power conversion technologies across sectors, indicating a strong future for the firm.
Hillcrest Energy Technologies (CSE: HEAT, OTCQB: HLRTF, FRA: 7HIA.F) announced preparations for dynamic load bench demonstrations of its SiC traction inverter at Systematec GmbH in Germany, scheduled to begin in April and conclude by the end of Q2 2023. The 250-kilowatt, 800-volt inverter will be tested with a European automotive OEM's motor, showcasing its Zero Voltage Switching (ZVS) technology's benefits at higher power levels. These demonstrations are pivotal for potential commercial agreements, as the Company continues to exceed expectations in its development milestones for 2023.
Hillcrest Energy Technologies (OTCQB: HLRTF) reported significant advancements in their clean technology developments. The company is accelerating demonstration testing of their 250 kW, 800 V SiC traction inverter prototype in collaboration with a global tier 1 automotive supplier and Hercules Electric Mobility Inc. Expected milestones include a closed-loop demonstration under partial load this month, with further testing phases anticipated. Hillcrest is also working with five other automotive OEMs to enhance demonstration milestones. Their ZVS technology shows promise for grid-compatible applications, potentially creating multiple revenue streams.
