Ozop Energy Solutions Awarded Contract from a Leading EV-powered Aircraft Company
Ozop Energy Solutions (OZSC) has announced that its subsidiary, Power Conversion Technologies, Inc. (PCTI), received a contract to supply a 100KW DC power supply and a 100KW load bank for an electric commercial aircraft company. This marks a significant expansion into the aerospace market, with three units set for delivery over the next year. PCTI's collaboration with the customer highlights their commitment to developing green aviation technology, which aims to contribute to zero-emission aircraft by 2030.
- Contract awarded for a 100KW DC power supply and load bank boosts PCTI's portfolio.
- Expansion into the aerospace market may increase revenue streams.
- Collaboration with a company developing zero-emission aircraft positions Ozop as a key player in the green aviation sector.
- None.
Contract Awarded for One 100KW DC Power Supply and One 100KW Load Bank – From a US Company Developing Electric Commercial Aircraft
Warwick, NY, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), announced today that its wholly owned subsidiary, Power Conversion Technologies, Inc. (PCTI), has received an order from an electric commercial aircraft company for a solid-state 100KW power supply and a large 100KW load bank. PCTI spent many hours working with the company to ensure all specifications of the products would fit their application. This unit is one of three to be delivered over the next year.
“I am so proud of the PCTI organization as we are expanding our portfolio and reaching into a new market space. On the customer front our team worked for numerous hours designing and engineering the solution with the customer, to accommodate this new application for the aerospace industry,” said Bill Yargeau President PCTI.
The EV-powered aviation company is developing a zero-emission aircraft for the commercial industry. Their current project is around a single-aisle electric aircraft designed to travel short distances. They are currently testing their latest model and are looking to have an EV-powered aircraft supporting commercial airline travel around 2030.
“EV-powered aircraft will be a huge contributor to improving the environment and reducing climate change by the next decade, and it will happen thanks to technology from PCTI,” said Brian Conway, CEO of Ozop Energy Solutions. “PCTI provides critical components to help deliver green solutions to the aerospace sector.”
About Power Conversion Technologies, Inc.
Power Conversion Technologies, Inc. designs, engineers, manufactures, and distributes standard and custom power electronic solutions for industrial, military and sustainable energy sectors. Founded in 1991 and located in East Butler, Pennsylvania, PCTI’s mission is to be the global leader for high power electronics with the highest standard of reliability, quality and continued innovation. For more information on PCTI please follow us on our website www.pcti.com or Twitter, Facebook and LinkedIn.
About Ozop Energy Solutions.
Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.
About Ozop Energy Systems, Inc.
Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.
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Media Relations Contact - Ozop
Rubenstein Public Relations
212-805-3055
bhyland@rubensteinpr.com
Investor Relations Contact – Ozop
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845-397-2956
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FAQ
What recent contract did Ozop Energy Solutions (OZSC) secure?
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