Polar Power

Polar Power, Inc. engages in the design, manufacture, and sell of direct current (DC) power systems. Its products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery system, and Marine DC generators. The company was founded by Arthur D. Sams in 1979 and is headquartered in Gardena, CA.

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GARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 7 pre-split shares. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol “POLA” and will begin trading on a split-adjusted basis when the market opens on November 19, 2024. The reverse stock split is primarily intended to enable the Company to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The new CUSIP number for the Company's common stock following the reverse stock split will be 73102V204.

Polar Power Announces Reverse Stock Split

GARDENA, CA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces preliminary third quarter net sales between $4.7 million and $5.2 million, representing growth of 147% to 174%, gross margin in the range of 26% to 32%, and breakeven net earnings.

Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32%

Presentation on Tuesday, October 29th at 0430 PM PT Gardena, California--(Newsfile Corp. - October 16, 2024) - Polar Power (NASDAQ: POLA), a global provider of prime, backup, solar hybrid power, and microgrid solutions, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 0430 PM PT at the Luxe Sunset Boulevard Hotel. Arthur Sams, CEO, will be representing the company.

Polar Power Announces Participation in the LD Micro Main Event XVII

Anticipated sales in range of $4.5-$5.0 million, backlog of approximately $5.5 million as of June 30, 2024

Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update

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GARDENA, CA, May 15, 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 first quarter of 2024.

Polar Power Reports First Quarter 2024 Financial Results

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.

Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results

Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power's Unique Power Technology Platforms

Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024

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.

Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024

Pilot program designed to showcase the provision of reliable, easily maintained, and cost-effective electric power in bad or no grid locations

United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices

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 of 4,600,000 shares of its common stock at a public offering price of $0.40 per share, which include 600,000 shares sold upon full exercise of the underwriter's option to purchase additional shares, for gross proceeds of $1,840,000, before deducting underwriting discounts and offering expenses.

Polar Power, Inc. Announces Closing of Public Offering

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Polar Power (NASDAQ: POLA ) stock is taking a beating on Friday after the company priced a public offering of its shares. The public offering reveals that the power generator company is selling 4 million shares of POLA stock at a price of 40 cents each.

Why Is Polar Power (POLA) Stock Down 51% Today?

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 Company.

Polar Power, Inc. Announces Pricing of Public Offering

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.

Polar Power, Inc. Announces Proposed Public Offering of Common Stock

“NEW OPPORTUNITIES FOR LPG SOLAR HYBRID SYSTEMS IN TELECOM AND OTHER MARKETS (REPLACING DIESEL AND COAL)” NOW AVAILABLE TO THE PUBLIC AT POLARPOWER.COM

POLAR POWER AWARDED FIRST PLACE FOR PRESENTATION AT THE GLOBAL TECHNOLOGY CONFERENCE DURING LPG WEEK 2023 IN ROME, ITALY

GARDENA, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three and nine months ended September 30, 2023.

Polar Power Reports 12% Growth in Revenue During Third Quarter 2023 Financial Results

35th World LGP Forum, 2023 to be Held in Rome During LGP Week November 13-17 GARDENA, CA, Nov. 09, 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 will present at the 35th World LPG Forum outlining applications and markets for LPG / Natural Gas DC generators highlighting the cost and environmental benefits of transitioning from diesel to LPG / natural gas. The LPG Forum is being held in Rome during LPG Week November 13-17, 2023.

Polar Power, Inc., C.E.O. Arthur Sams, to Present at the 35th World LPG Forum Highlighting Cost and Environmental Benefits of Transitioning from Diesel to LPG in Multiple Markets

Pent-up Demand for Higher Powered DC Generators Driving New Product Line Deliveries for Best-in-Class Form Factor, Lower Emissions, Cost, and Efficiency Benefits to 5G Cell Sites

(Updated) Polar Power Announces New 27KW Summit Series Deliveries to Tier-1 Telecom Customers

CORE IR to Support Strategic Communications in Conjunction with Corporate Development Activities CORE IR to Support Strategic Communications in Conjunction with Corporate Development Activities

Polar Power Inc. Engages CORE IR for Investor Relations and Shareholder Communications Services

GARDENA, CA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three and six months ended June 30, 2023.

Polar Power Reports Second Quarter 2023 Financial Results

GARDENA, CA, May 15, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the quarter ended March 31, 2023.

Polar Power Reports First Quarter 2023 Financial Results

Polar Power (NASDAQ: POLA ) stock is soaring almost 80% in early trading after the company announced that it had started taking advance orders for its new electric vehicle (EV) chargers. According to POLA, these EV chargers are mobile and can be used to supply electricity to EVs whose batteries have lost all of their power, leaving their drivers and passengers stranded.

POLA Stock Alert: Is Polar Power the Next Big EV Stock?

Polar Power (NASDAQ: POLA ) stock is on the move Thursday after the company announced a new line of mobile EV chargers. According to Polar Power, these mobile chargers are designed to juice up EVs that fall short of making it to their next charging station.

Why Is Polar Power (POLA) Stock Up 70% Today?

GARDENA, CA, May 10, 2023 (GLOBE NEWSWIRE) -- Polar Power Inc. (“Polar” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today announced it is now taking advance orders for its new line of mobile Combined Charging System (“CCS”) Electric Vehicle (“EV”) chargers, which are expected to be available before the end of the first quarter of 2024. Mobile EV chargers are used for emergency roadside service providing a fast-charging solution for EVs that have run out of charge before reaching a stationary charging facility. The goal is not to fully charge the vehicle but place a sufficient charge allowing the vehicle to proceed to the nearest charging station; this being analogous to the can of gasoline provided to stranded motorists.

News for Polar Power Stock (POLA)