Pioneer Power Solutions, Inc. reported a strong third quarter performance with 7.4% revenue growth year-over-year, driven by increased demand for mobile charging solutions and successful project completions.
- Revenue for Q3 reached $6.9 million, with year-to-date revenue up 68% to $22 million, primarily from eBoost mobile charging solutions.
- Significant deliveries included a $1.3 million order for a school electrification project and multiple eBoost units for the city of Portland and Long Beach.
- Strategic expansion into the distributed power market generated over $700,000 in deliveries and $750,000 in new orders across various sectors, indicating strong market demand.
- PowerCore, formerly HomeBoost, is set to launch in December, enhancing offering appeal to both residential and light commercial markets.
- Ongoing partnership with a major online retailer positions Pioneer for further growth in the eBoost segment in 2026.
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