PPSI

• Completed delivery of the last five eBoost units of a 25-unit order for a landmark school district project totaling $1.3 million.
• Delivered eBoost Mobile OpenFlex unit to the city of Portland.
• Received a $725,000 order from the city of Long Beach for an eBoost mobile stretch unit.
• One of the world's largest online retailers placed a follow-up order for new eBoost units.
• Strategic partner SparkCharge placed an additional order for four new eBoost pure energy 275-kilowatt units.
• Q3 marked expansion into distributed power market with over $700,000 in product deliveries and $750,000 in new purchase orders.
• HomeBoost rebranded to PowerCore, launching later in 2025.
• Actively engaging in international EV markets through eBoost franchise-type model.

• Reaffirmed full year 2025 revenue guidance of $27 million to $29 million, representing approximately 20% year-over-year growth.

In the third quarter, Pioneer Power Solutions, Inc. generated revenue of $6.9 million, an increase of 7.4% year over year, driven primarily by an increase in service sales from the Critical Power Solutions business. Year to date, revenue reached $22 million, up 68% compared to the same nine-month period last year, primarily due to demand for eBoost mobile charging solutions.

Q: How is Pioneer creating marketing awareness to reach across multiple segments?

A: Need to put together a focused team to focus on certain verticals, including industrial and large modular edge computing type data center.

Q: On gross margin softness this quarter and bounce back expectation?

A: Expect bounce back as fourth quarter mix is more favorable.

Q: Outline scale of online retailer project expansion in 2026?

A: Discussions are pending, with potential for 5 to 20 units purchase next year.

Q: Ideal application and range of modular data center unit?

A: Addresses data center AI compute load testing and industrial critical power applications; details to be unveiled by end of year.