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IMPERALIS HOLDING CORP (IMHC) is a multifaceted company engaged in diverse industries. The company focuses on identifying and investing in opportunities that drive sustainable growth and value for its shareholders. It operates through various subsidiaries and partnerships, leveraging a robust network to achieve its business objectives.
IMHC's core business includes sectors like technology, energy, and real estate. The company has made significant strides in these areas, recently announcing partnerships and projects that cater to modern market needs. For instance, its association with TurnOnGreen, Inc. aims to propel advancements in green energy, reflecting the company’s commitment to environmental sustainability.
Financially, IMPERALIS HOLDING CORP has demonstrated resilience and strategic foresight. Recent financial disclosures indicate a stable revenue stream and prudent management of resources. The company continually seeks out innovative ventures that complement its existing portfolio, ensuring a diversified and balanced growth trajectory.
Through its subsidiaries, IMHC is involved in cutting-edge technological developments and energy solutions, positioning itself as a forward-thinking entity in the market. The company’s strategic alliances, such as those with Ault Alliance, Inc., further underscore its dedication to collaborative growth and industry leadership.
IMPERALIS HOLDING CORP’s commitment to shareholder value is evident in its transparent operations and proactive approach to market opportunities. The company remains steadfast in its mission to adapt to evolving industry trends, thereby securing a competitive edge.
TurnOnGreen (OTC: TOGI) has secured $3.9 million in defense contracts through its power electronics division, Digital Power The contracts involve producing defense-grade power conversion modules, tactical power systems, and power distribution solutions for military vehicles and communication systems. The company has partnered with an Israel-based defense OEM to supply power systems for armored fighting vehicles and military ambulances. Additionally, TurnOnGreen is providing uninterruptible power solutions for Transportable Tactical Command Communications systems. The company's solutions have been tested and validated by the Israel Defense Forces (IDF), meeting international military standards.
TurnOnGreen (OTC:TOGI) has completed an EV charging infrastructure project for Boulder City Police Department in Nevada. The installation includes multiple EVP1900 80 amp/19 KW Level 2 chargers providing 45-55 miles of range per hour, and an FSP1200 120kW dual port DC Fast Charger delivering 150 miles of range in under 40 minutes. Boulder City will use TurnOnGreen's network subscription services for remote management, energy tracking, and fleet optimization. The project, completed on October 9, 2024, represents part of TurnOnGreen's strategy to provide custom fleet charging solutions to municipalities.
TurnOnGreen (OTC:TOGI) has secured a contract with the Livermore Valley Joint Unified School District (LVJUSD) in California for EV charging stations installation and management. The company completed the first installation at Marylin Ave Elementary School in August 2024, featuring multiple EVP1100 Level 2 EV chargers accessible via smartphone app, RFID card, or QR code. TurnOnGreen will retain a percentage of recurring charging revenues throughout the contract period. The company plans to expand to three additional district locations and will work with LVJUSD to secure funding for these installations.
TurnOnGreen (OTC:TOGI) has initiated an EV charging infrastructure project with the Goleta Water District (GWD) in California. The first phase, set for completion in 2024, will deploy multiple EVP1100 48 amp/11 KW Level 2 charging stations, providing 35-40 miles of range per hour. GWD will use TurnOnGreen's network subscription services for remote management, charge tracking, and route planning. The project aligns with California's mandate requiring public agencies to replace internal combustion vehicles with zero-emission alternatives, aiming to reduce carbon footprint while lowering maintenance and refueling costs.
TurnOnGreen, Inc. (OTC:TOGI) has announced significant developments in its power electronics division, Digital Power (DPC). The company has secured $2.2 million in orders from a leading global defense contractor for its newly developed defense-grade power conversion modules (PCMs) and power control systems, including a proprietary power distribution unit (PDU) for off-road tactical vehicles and military ambulances.
Additionally, TurnOnGreen has obtained a strategic contract with an Israel-based defense to design, develop, and manufacture custom PCMs and PDUs for tactical vehicles used by the Israel Defense Forces. The company is also supplying custom-designed, uninterruptible power solutions to a major global aerospace and defense firm for use in Transportable Tactical Command Communications systems.
These developments highlight TurnOnGreen's growing presence in the high-margin defense sector and its focus on long-term value creation in growth-oriented verticals such as electric vehicle charging and advanced electronics for aerospace, defense, and telecom sectors.
TurnOnGreen, an EV charging and custom power supply company, announced that the Financial Industry Regulatory Authority approved its name change from 'Imperalis Holding Corp.' to 'TurnOnGreen, Inc.' and its ticker symbol change from 'IMHC' to 'TOGI,' effective May 21, 2024. The company’s outstanding warrants will also change from 'IMCW' to 'TOGIW.' This rebranding aims to align the company's public identity with its focus on e-mobility infrastructure and green energy solutions. CEO Amos Kohn highlighted this as a significant milestone, reinforcing the company's commitment to innovation and sustainability. President Marcus Charuvastra emphasized the goal of creating a sustainable and profitable EV charging network across North America.
Ault Alliance, Inc. completes the final distribution of TurnOnGreen, Inc. securities, distributing 140 million shares of common stock and warrants to purchase additional shares to its stockholders. Stockholders received approximately 0.83 shares of TurnOnGreen common stock per share of Ault Alliance common stock owned on the record date of April 15, 2024. The distribution was completed on April 29, 2024. The Company believes this distribution is a significant achievement, setting TurnOnGreen on a path to independent growth.
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