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Hillcrest Energy Technologies ( (TSE:HEAT) ) just unveiled an announcement.
Hillcrest Energy Technologies has completed Phase 1 of a technology evaluation with a top global Tier 1 automotive supplier, successfully converting the supplier’s half-bridge power modules to enable Zero Voltage Switching operation for next-generation EV inverter platforms. This phase delivered technical proof of concept through prototype design, testing and delivery, validating that Hillcrest’s ZVS technology can be integrated into established automotive architectures and reinforcing the company’s positioning as a partner for leading OEMs and suppliers. Building on commercial traction inverter prototypes that have achieved up to 99.7% efficiency and system-level gains of up to 6% under standardized test procedures, Hillcrest is now concentrating on monetizing its technology via licensing, joint development and strategic partnerships that can provide high-value, near-term revenue and potentially non-dilutive funding. In parallel, the company is advancing its ZVS PCS1000 (200kW, 1000V) grid-connected converter toward A-sample demonstrations targeted for the second quarter of 2026, with a particular focus on applications such as data centers, energy storage and EV charging, including next-generation AI data centers that require more efficient, high-voltage DC power distribution, thereby expanding Hillcrest’s addressable market and strategic relevance across both automotive and critical power infrastructure segments.
Spark’s Take on TSE:HEAT Stock
According to Spark, TipRanks’ AI Analyst, TSE:HEAT is a Underperform.
Hillcrest Energy Technologies faces significant financial and operational challenges, reflected in its low financial performance score. Despite technical indicators suggesting a possible oversold condition, the overall weak financial position and negative valuation metrics lead to a cautious outlook.
To see Spark’s full report on TSE:HEAT stock, click here.
More about Hillcrest Energy Technologies
Hillcrest Energy Technologies is a power electronics company focused on developing high-efficiency inverter and power conversion technologies, notably its proprietary Zero Voltage Switching (ZVS) architecture. Its primary markets span automotive electrification, including electric vehicle inverters, and grid-connected applications such as energy storage, EV charging infrastructure and high-demand data centers, where it aims to improve system efficiency and reduce energy losses.
Average Trading Volume: 172,858
Technical Sentiment Signal: Hold
Current Market Cap: C$13.54M
See more data about HEAT stock on TipRanks’ Stock Analysis page.