Hillcrest Energy Technologies Announces Launch of CleanPath Distribution Inc

Core Viewpoint - Hillcrest Energy Technologies Ltd. has operationalized CleanPath Distribution Inc., an Indigenous-led corporation aimed at commercializing Hillcrest's Zero Voltage Switching (ZVS) power conversion technology in Canada, leveraging government funding and industry relationships [1][2]. Company Structure and Ownership - CleanPath Distribution Inc. is structured with Pasqua First Nation 79 holding a 51% majority stake, Apeiron Resources Ltd. with 24.5%, and Hillcrest Energy Technologies Operating Ltd. also with 24.5% [3]. - The governance of CleanPath includes a Board of Directors with representation from all three partners, ensuring collaborative decision-making [3]. Technology Overview - Hillcrest's ZVS technology significantly reduces switching losses in conventional power converters, enhancing efficiency and minimizing electromagnetic interference (EMI) [4]. - The technology is currently being tested with prototypes, including the PCS1000 Grid Power Conversion System (200 kW) and the MVP3 ZVS Traction Inverter (350 kVA), with customer demonstrations expected in Q2 2026 [4]. Strategic Partnerships and Market Focus - The collaboration between Hillcrest, Pasqua First Nation 79, and Apeiron Resources Ltd. aims to leverage Indigenous leadership and market knowledge to access funding and establish relationships within the Canadian market [5]. - CleanPath's focus aligns with Canada's Defence Industrial Strategy, targeting the defence sector for potential market opportunities [5]. Background on Partners - Pasqua First Nation 79 is involved in various economic development activities, including renewable energy projects like the Seven Stars Energy Project, which aims to produce emissions-free power for over 100,000 homes [6][7]. - Apeiron Resources Ltd. is dedicated to building sustainable socio-economic partnerships and securing grants to support Indigenous communities and businesses [8][9][10]. Company Profile - Hillcrest Energy Technologies is a Canadian clean technology firm focused on advanced power conversion technologies and digital control systems for sustainable energy solutions [11]. - The company is publicly traded on multiple exchanges, including CSE, OTCQB, and Frankfurt Exchange [12].