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Polar Power

1.25 USD
-0.03
2.34%
At close Updated Sep 18, 4:00 PM EDT
1 day
-2.34%
5 days
-2.34%
1 month
-27.33%
3 months
-30.17%
6 months
-30.17%
Year to date
-30.17%
1 year
-53.53%
5 years
-96.71%
10 years
-98.02%
 

About: Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, backup DC generators, hybrid power systems, Li-Ion battery systems, Marine DC generators, and others. The company's geographical presence is in the United States, Canada, Australia and South Pacific Islands, Other Asia Pacific, Europe and Middle East, United Kingdom, and South Africa.

Employees: 67

News

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Sentiment 3-Months
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Neutral 100%
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Neutral
GlobeNewsWire
12 days ago
Polar Power Reduces Pinnacle Bank Debt by $3 Million, from Approximately $4.7 Million to $1.667 Million; Expects Remaining Balance to Be Paid Down by End of September
GARDENA, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and renewable power solutions, today announced that it has reduced its outstanding indebtedness with Pinnacle Bank to approximately $1.667 million, down from approximately $4.7 million reported as of September 30, 2025.
Polar Power Reduces Pinnacle Bank Debt by $3 Million, from Approximately $4.7 Million to $1.667 Million; Expects Remaining Balance to Be Paid Down by End of September
Neutral
GlobeNewsWire
20 days ago
Polar Power Announces MSI Defense Solutions' Adoption of Its DC Generator for EAGLS™
MSI Defense Solutions Selects Polar Power's DC Power System to Support Its Advanced AI-Powered Anti-Drone and Anti-Missile Systems.
Polar Power Announces MSI Defense Solutions' Adoption of Its DC Generator for EAGLS™
Neutral
GlobeNewsWire
1 month ago
Polar Power Announces Expansion into Drone and Robotics Military Markets as Part of Diversification Strategy
Company applies more than three decades of DC power expertise to growing demand for mobile power and charging systems supporting modern unmanned military platforms.
Polar Power Announces Expansion into Drone and Robotics Military Markets as Part of Diversification Strategy
Neutral
GlobeNewsWire
1 month ago
Polar Power Announces Two New Board Appointments
New Directors Bring Extensive Corporate Leadership, Defense, Technology and Sales / Distribution Experience GARDENA, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of power and energy solutions for defense, telecommunications, data center and other critical infrastructure applications, today announced the appointment of Jim Ahern and Menachem “Menny” Shalom to its Board of Directors.
Polar Power Announces Two New Board Appointments
Neutral
GlobeNewsWire
1 month ago
Polar Power Reports $7.9 Million in Pacific Islands Revenue as Repeat Orders Drive Expansion Across Off-Grid and Bad-Grid Power Markets
Proven telecom deployments across five markets are generating reorders and pulling Polar into adjacent applications the Company believes are larger than telecom
Polar Power Reports $7.9 Million in Pacific Islands Revenue as Repeat Orders Drive Expansion Across Off-Grid and Bad-Grid Power Markets
Neutral
GlobeNewsWire
1 month ago
Polar Power Secures Up to $25 Million Committed Equity Facility to Support Growth
Facility Expected to Provide Access to Additional Working Capital and to Support Continued Growth of the Company's DC Power Systems Business, Including Data-Center Power and Cooling and Drone-Charging Systems
Polar Power Secures Up to $25 Million Committed Equity Facility to Support Growth
Neutral
GlobeNewsWire
3 months ago
Polar Power Highlights Sharply Improved First Quarter 2026 Performance and Recent Operational Progress
GARDENA, California, June 02, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today highlighted its financial results for its first quarter ended March 31, 2026, which the Company disclosed by its quarterly report on Form 10-Q with the Securities and Exchange Commission on May 20, 2026, and its recent operational progress. The quarter reflected substantial year-over-year gains in gross margin, operating results, and balance sheet strength, supported by a $3.7 million sales order backlog as of March 31, 2026.
Polar Power Highlights Sharply Improved First Quarter 2026 Performance and Recent Operational Progress
Neutral
GlobeNewsWire
10 months ago
Polar Power Inc. Receives Purchase Order for Mobile Electric Vehicle Fast Chargers to Address the Growing Need for Emergency Roadside Assistance
Gardena, CA, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Polar Power Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA) announced today that it has received an initial purchase order for fifty (50) next-generation model EVMC30K EV mobile chargers (“EVMC30K Chargers”), designed to provide emergency roadside fast-charging for electric vehicles (EVs) that have depleted their batteries charge before reaching a stationary charging station.
Polar Power Inc. Receives Purchase Order for Mobile Electric Vehicle Fast Chargers to Address the Growing Need for Emergency Roadside Assistance
Neutral
GlobeNewsWire
10 months ago
Polar Power Reports Third Quarter 2025 Financial Results
GARDENA, CA, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three months ended September 30, 2025.
Polar Power Reports Third Quarter 2025 Financial Results
Neutral
GlobeNewsWire
10 months ago
Polar received a Military contract to supply compact and light weight DC Generators for a mobile application
GARDENA, CA, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power”) (NASDAQ: POLA), a manufacturer of DC generators, battery charging systems, EV chargers, microgrids, and backup power solutions, today announced it has received a $674,000 contract from a military customer for the delivery of compact, lightweight DC generators designed for mobile applications.
Polar received a Military contract to supply compact and light weight DC Generators for a mobile application
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