Summary
Hillcrest Energy Technologies is a clean technology company developing high value, high performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems.
Stock Chart
Share Structure
| As of April 1, 2024 | |
| Shares Issued | 73,738,267 |
| Warrants | 14,786,668 |
| RSU/Options | 8,680,141 |
| Fully Diluted | 97,205,076 |
Investment Highlights
THE FIRST TO MARKET WITH A REVOLUTIONARY INVERTER TECHNOLOGY PLATFORM
- Highly differentiated combination of proprietary hardware and control firmware offering next-generation power conversion capabilities
- Adaptable to numerous, fast-growing market segments such as e-mobility and grid-connected power generation and storage
- Growing IP portfolio 100% owned by Hillcrest
US$2,200 SAVINGS PER VEHICLE or UP TO US$13.2M IN ADDITIONAL SOLAR POWER GENERATION REVENUES
- Significantly better EMC compared to conventional inverters
- New levels of power density, efficiency, performance, and reliability
- 7% inverter efficiency offers a significant advantage compared to conventional inverters
SPEED TO MARKET
- Asset-light business model
- Multiple co-development projects underway offering clear pathway to commercialization
- Ability to scale revenue quickly with potential OEM partnerships
SIGNIFICANT TECHNOLOGY AND INDUSTRY EXPERIENCE
- Nearly 100 years of combined automotive sector experience
- More than 50 years of combined grid-connect power system experience
- More than 125 combined years of power electronics and power control experience
Products:
- 350kW | 1,000V EV traction inverter prototype
- 10kW | 800V stationary/grid-connected inverter proof of concept
- First-of-its-kind ZVS-enabled power module
Management Profiles
Don Currie CEO and Director
Trusted relationship and business builder with decades of North American equity markets exposure and public company financing success. Extensive experience owning and operating private businesses and serving on select public company boards.
Jamie L. Hogue Chief Operating Officer
More than two decades of progressive leadership, organizational development, marketing, and financial analysis expertise with proficiency in the fields of energy, water, natural resources, and sustainability policy.
Daryn Gordon Chief Financial Officer
Chartered Professional Accountant (CPA,CA) with more than twenty years of public company practice. Mr. Gordon started his career with global auditing firms Grant Thornton LLP and PwC Canada and transited to providing CFO services to Canadian public companies forteen years ago.
Ari Berger Hillcrest Chief Technology Officer
Expert in electric machine control technologies, systems engineering and multi-disciplinary product design; more than ten years of commercial experience with a track record of deploying new technologies and go-to market strategies, specifically in the sector of electrification.
James Bolen Hillcrest Chief Commercialization Officer
Veteran executive who is expert at leading innovation teams from concept development to commercial success. Mr. Bolen is the former Co-Owner and General Manager at Global Power Technologies USA, a global leader in ultrareliable power systems for remote industrial architecture.