Summary of Hillcrest Energy Technologies Conference Call Company Overview - **Company**: Hillcrest Energy Technologies (OTCPK:HLRT.F) - **Focus**: Transition from oil and gas to clean energy and technology, specifically zero voltage switching (ZVS) technology for power conversion systems [1][2] Industry Insights - **Market Potential**: The total addressable market for stationary applications is projected to reach **$180 billion** by **2030** [4][25] - **Key Applications**: The technology is applicable across various sectors including data centers, energy storage, remote microgrids, and electric vehicles (EVs) [3][5] Technology Highlights - **Zero Voltage Switching (ZVS)**: Hillcrest claims to be the only company with ZVS technology at their power level, which significantly reduces switching losses and electromagnetic interference (EMI) [2][30] - **Efficiency**: The inverter efficiency has reached **99.7%**, which is the highest in the industry, leading to lower heat generation and smaller component sizes [14][19] - **Cost Savings**: The technology is expected to provide substantial cost savings for automotive manufacturers, estimated at **$140 million** for a production run of **100,000 vehicles** [32] Strategic Partnerships - **BorgWarner**: A significant partnership with BorgWarner, a multibillion-dollar supplier for the EV market, to integrate ZVS technology into their inverter platform [10][12] - **Indigenous Partnerships**: Collaboration with Pasco First Nations and Appurin Resources to access government funding and enhance community involvement in technology deployment [13][42][46] Commercialization and Revenue Expectations - **Revenue Timeline**: Expected to begin generating revenue in early **2026**, with a ramp-up that could resemble a "hockey stick" growth pattern once customer contracts are secured [62][63] - **Licensing Opportunities**: Exploring exclusive licensing arrangements with tier one suppliers and automotive manufacturers to leverage their manufacturing capabilities [36][37] Competitive Landscape - **Lack of Competition**: Hillcrest asserts that there is currently no competition in the ZVS space, which provides them with a unique market advantage [67] Future Outlook - **Focus on Stationary Sector**: While the automotive sector is important, the company is prioritizing stationary applications due to immediate market demand [69][71] - **Government Support**: The company is actively seeking government grants and funding to support its technology development and deployment [45][46] Additional Insights - **IP Portfolio**: Hillcrest owns 100% of its intellectual property, which is crucial for maintaining a competitive edge [15][48] - **Market Cap**: Currently valued at approximately **$10 million**, with expectations for significant growth as the company executes its strategy [54][55] This summary encapsulates the key points discussed during the conference call, highlighting Hillcrest Energy Technologies' strategic direction, technological advancements, and market opportunities.