Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce the execution of a Memorandum of Understanding (MOU) with a leading industrial user to jointly develop customized Zero Voltage Switching (ZVS) inverter solutions for advanced materials processing applications. This industrial development agreement demonstrates the broad applicability of Hillcrest's ZVS technology pl ...

Core Insights - Hillcrest Energy Technologies is at a critical juncture in 2026, transitioning years of technology development into commercial opportunities across various high-growth sectors [2][18] - The company has established strategic collaborations with Pasqua First Nation and Apeiron Resources to commercialize its Zero Voltage Switching (ZVS) technology in Canada [3][12] Strategic Developments - A collaboration was announced in October 2025 to create an Indigenous-majority owned entity focused on ZVS technology commercialization [3] - Pasqua First Nation's investment of $3 million into Hillcrest reflects confidence in the technology and business model [4] - Hillcrest successfully closed a private placement offering, raising approximately $4.4 million, which will support further development and commercialization efforts [5][6] Technology and Market Focus - The ZVS PCS1000, a 200kW power conversion system, is expected to be ready for customer demonstrations in Q2 2026, targeting the growing demand for efficient power conversion in AI data centers [8] - The Canadian clean energy market is projected to grow from 115 GW to 149 GW by 2030, with significant investments expected in energy storage [10][11] Market Expansion and Opportunities - The collaboration with Pasqua First Nation and Apeiron Resources is expected to enhance market penetration across various Canadian sectors, leveraging established relationships and expertise [12] - The data center power market is projected to reach $50 billion by 2030, driven by AI infrastructure expansion [15] Competitive Advantages - Hillcrest's ZVS technology offers superior efficiency exceeding 99%, compared to current inverters operating at 96-98% efficiency, and addresses critical requirements in sensitive applications [16] - The technology's performance advantages create competitive differentiation, enabling more compact installations and reduced operational costs [16] Path Forward - The company is well-positioned with financial resources to execute near-term commercialization priorities, supported by strategic investments and collaborations [17][18] - Proven technology and diverse market access across automotive, data centers, and renewable energy sectors reduce dependence on any single sector [18]

Core Insights - Hillcrest Energy Technologies has successfully completed Phase 1 of its technology evaluation project with a global Tier 1 automotive supplier, demonstrating the technical feasibility of converting half-bridge power modules for Zero Voltage Switching (ZVS) operation in electric vehicle inverters [1][3][4] Technology Evaluation and Validation - The global Tier 1 automotive supplier is among the top 15 largest by revenue and specializes in power electronics components for electric vehicles, providing a robust validation framework for the ZVS technology integration [2] - Phase 1 aimed to assess the efficiency and performance of Hillcrest's technology on the supplier's inverter architecture, with successful completion involving baseline measurements, hardware design, prototype assembly, and testing [3] Strategic Focus and Commercialization - The completion of Phase 1 positions Hillcrest to execute a focused commercialization strategy, prioritizing customer engagements and partnerships that offer high commercial value and rapid revenue generation [5] - Hillcrest is actively pursuing technology monetization opportunities in automotive applications, with the Phase 1 completion providing validation that ZVS technology can be integrated into automotive inverter platforms, achieving up to 99.7% efficiency and system-level efficiency gains of up to 6% [6][7] Grid-Connected Product Development - Concurrently, Hillcrest is advancing the development of its ZVS PCS1000 (200kW | 1000V) for applications such as data centers and EV charging, with prototype demonstrations expected in Q2 2026 [8] - The ZVS PCS1000 is engineered for next-generation AI data centers, addressing infrastructure challenges and offering greater than 99% efficiency, which translates to significant economic value by reducing conversion losses and cooling costs [9][11] Broader Market Opportunities - The ZVS PCS1000 platform targets substantial market opportunities across energy storage systems, EV charging infrastructure, and renewable energy integration, with strategic partnerships being established for commercialization [14] - Hillcrest's strategic approach focuses on high-probability commercial success opportunities, emphasizing licensing and partnerships that align with customer needs and the company's technical capabilities [15]

Core Insights - Advanced Energy Industries (AEIS) is experiencing solid improvement in earnings estimates, indicating potential investment opportunities as the stock has gained short-term price momentum [1][10] - The rising trend in earnings estimate revisions reflects growing analyst optimism about the company's earnings prospects, which is expected to positively influence its stock price [2][9] - The Zacks Rank system, which categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell), shows that AEIS has received a Zacks Rank 1, suggesting strong potential for outperformance [3][9] Current-Quarter Estimate Revisions - For the current quarter, Advanced Energy is expected to earn $1.71 per share, representing a year-over-year increase of +31.5% [6] - Over the past 30 days, the Zacks Consensus Estimate for the company has risen by 20.59%, with two estimates moving higher and no negative revisions [6] Current-Year Estimate Revisions - For the full year, the earnings estimate for Advanced Energy is projected at $6.13 per share, reflecting a year-over-year change of +65.2% [7] - The trend for current-year estimate revisions is positive, with four estimates moving higher and no negative revisions, leading to an 8.08% increase in the consensus estimate [8] Favorable Zacks Rank - The positive estimate revisions have contributed to Advanced Energy achieving a Zacks Rank 1 (Strong Buy), indicating strong potential for investment [9] - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [9] Bottom Line - Strong estimate revisions have led to a 20.4% increase in Advanced Energy's stock over the past four weeks, suggesting further upside potential [10]

Core Insights - Advanced Energy Industries (NASDAQ: AEIS) stock surged 17% following a strong Q3 earnings report, exceeding analyst expectations with earnings of $1.74 per share and sales of $463.3 million [1][3][4] Financial Performance - The company reported a 113% year-over-year growth in its data center computing business, contributing to a total revenue increase of 24% [3] - GAAP earnings rose 80.6% year-over-year to $1.21 per share, surpassing management's guidance [4] - For Q4, management forecasts revenue to reach approximately $470 million, with GAAP profits around $1.12 per share and non-GAAP profits of $1.75 per share, consistent with Q3 results [5] Valuation and Market Position - Year-to-date, the company has earned $2.52 per share (GAAP), with a projected full-year profit of about $3.64 per share, slightly below the $3.70 per share forecasted by analysts [5][6] - The current stock price of around $226 results in a price-to-earnings ratio exceeding 62, indicating a premium valuation [6] - Despite the high valuation, the potential for continued 80% earnings growth may justify the premium price [6]

Core Points - Advanced Energy Industries, Inc. has announced a quarterly cash dividend of $0.10 per share [1] - The dividend is payable on December 5, 2025, to shareholders of record as of November 24, 2025 [1] - Future dividend declarations and related dates are subject to board review and approval [1]

Core Viewpoint - Hillcrest Energy Technologies has announced a strategic partnership with Pasqua First Nation 79 and Apeiron Resources Ltd. to create an Indigenous-majority owned entity focused on commercializing its Zero Voltage Switching power conversion technology in Canada [1][3]. Partnership Structure - Under the Memorandum of Understanding (MOU), Pasqua First Nation may invest up to CAD 3 million in Hillcrest to support the development and commercialization of the ZVS technology [2]. - The new entity, referred to as NEWCO, will be majority-owned by Pasqua First Nation at 51%, while Hillcrest and Apeiron will hold the remaining 49% [3]. Market Opportunity - Canada's clean energy market is projected to grow from 115 GW to 149 GW by 2030, with energy storage capacity expected to expand from 1 GW to 12-16 GW by 2035, representing over CAD 143 billion in investment opportunities [6]. - Indigenous-led partnerships are increasingly central to this expansion, with Indigenous communities participating in nearly 20% of Canada's clean electricity infrastructure development [6]. Funding and Licensing - The venture is pursuing at least CAD 10 million in operating capital through various funding sources, including grants and loans from the Government of Canada and Government of Saskatchewan [7]. - Hillcrest may license its ZVS technology to NEWCO for manufacturing ZVS products, with terms to be agreed upon [9]. Management Commentary - The CEO of Hillcrest emphasized that the partnership will accelerate the commercialization of power electronics products featuring ZVS technology, creating value for all stakeholders [10]. - The Chief of Pasqua First Nation highlighted the initiative's role in building community capacity and contributing to a sustainable energy future [10]. Hillcrest Private Placement - Hillcrest plans to complete a private placement offering of units totaling up to CAD 7.2 million, which includes a cash offering and a debt offering [11]. - Each unit consists of one common share and one warrant, with the warrant allowing the holder to acquire a common share at an exercise price of CAD 0.12 for 24 months [12]. Other Hillcrest Updates - The company has canceled a previously announced non-brokered private placement and continues to explore future investments with a strategic investor [17]. - Hillcrest confirmed the extension of 4,350,000 warrants from an expiry date of October 4, 2025, to October 4, 2027 [18].

Core Insights - Vicor Corporation (NASDAQ: VICR) exemplifies the challenge of translating technical superiority into commercial success, having been ahead of its time in high-efficiency modular power conversion [1] Company Overview - Vicor was recognized for its innovative Factorized Power architecture, which has been a significant advancement in power conversion technology [1] Investment Perspective - The article highlights the importance of disciplined, fundamentals-driven investing, emphasizing capital preservation and long-term growth strategies [1]

Core Insights - Advanced Energy Industries, Inc. is set to showcase its next-generation fiber optic thermometry (FOT) converter, the M-1200, at SEMICON® West 2025, highlighting its leadership in precision power conversion and measurement solutions [1] Product Features - The M-1200 is characterized by being smaller, more accurate, and offering a broader temperature measurement range compared to most contact temperature sensing devices, which enhances process development opportunities [1] - The device is designed to support Angstrom-Era innovation with ultra-fast performance capabilities [1]

Core Insights - Advanced Energy Industries, Inc. has announced the expansion of its ultra-efficient non-isolated bus converter (NIBC) family with two new quarter brick modules designed for 48 V power conversion [1] Company Developments - The new NIBC modules are targeted for advanced information and communication technology (ICT) equipment, including applications in Artificial Intelligence (AI) servers, compute, and networking [1] - The modules are also applicable in industrial applications, indicating a broadening of the company's product offerings [1]