GARDENA, CA, April 01, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2023. 2023 Financial Highlights Net sales in 2023 were $15.3 million compared to $16.1 million in 2022Gross profit for 2023 was $0.7 million compared to $2.1 million in 2022Operating expenses for 2023 were $6.7 million compared

Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power’s Unique Power Technology Platforms GARDENA, CA, March 12, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces approximately $2.5 million in additional new bookings from both military and telecom customers. Combined with the $2.9 million in previously announced new

GARDENA, CA, March 07, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces it will participate in the 36th Annual Roth Conference, being held at the Ritz Carlton Hotel in Dana Point, California, March 17-19, 2024. Investors attending the conference are encouraged to request a one-on-one meeting with management through the conference’s on-line website or by directly contacting a

Reliable and Unique Technology Platform Compels Selection of Polar Power to Provide DC Backup Power Generation Systems GARDENA, CA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces approximately $2.9 million in net new bookings from international and domestic Tier-1 customers for the month of January 2024. This compares to $3.7 million in new bookings for the full f

Pilot program designed to showcase the provision of reliable, easily maintained, and cost-effective electric power in bad or no grid locations GARDENA, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces a contract award from the United Nations High Commissioner for Refugees (“UNHCR”) to provide a nano grid for one of its offices in Africa. The pilot project is des

Key Insights Polar Power will host its Annual General Meeting on 20th of December Salary of US$275.0k is part of CEO...

Gardena, CA, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (Nasdaq: POLA) (“Polar Power” or the “Company”), a technology company that designs, manufactures and sells direct current, or DC, power systems, lithium battery powered hybrid solar systems for applications in the telecommunications market and, in other markets, including military, EV charging, cogeneration, distributed power and uninterruptable power supply, today announced the closing of its previously announced public offering o

Gardena, CA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), (“Polar Power” or the “Company”) today announced the pricing of its previously announced underwritten public offering of 4,000,000 shares of its common stock. Each share of common stock is being sold at a public offering price of $0.40 per share, for gross proceeds of $1,600,000 before deducting underwriting discounts, commissions and offering expenses. All of the shares of common stock are being offered by the Comp

Gardena, CA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power” or the “Company”) today announced that it intends to offer to sell shares of its common stock (and/or pre-funded warrants (“Pre-funded Warrants”) in lieu thereof) in an underwritten public offering. All of the shares of common stock (and/or Pre-funded Warrants) are to be sold by the Company. ThinkEquity is acting as sole underwriter for the offering. The Company expects to grant the underwriter a 45-da

Polar Power, Inc. Awarded first place for presentation at the global technology conference during LPG week 2023 in Rome, Italy “NEW OPPORTUNITIES FOR LPG SOLAR HYBRID SYSTEMS IN TELECOM AND OTHER MARKETS (REPLACING DIESEL AND COAL)” NOW AVAILABLE TO THE PUBLIC AT POLARPOWER.COM GARDENA, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” of the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces CEO, Arthur Sams’ presentat