Hillcrest Energy Technologies (OTCPK:HLRT.F) 2025 Conference Transcript

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.