Camber Energy (CEIN) provided an update on ongoing development, validation and field deployment activities related to its patented Broken Conductor Protection Technology, being advanced by its indirect majority-owned subsidiaries. On or about April 8, 2026, BCPT was installed within a protective relay device at a substation serving a distribution circuit located at a U.S. government facility. During initial testing, a simulated open-conductor condition was introduced on the circuit, and BCPT detected the condition and asserted the programmed trip logic within the relay. Additional testing under live operating conditions is planned in the coming weeks. The Company’s BCPT has been integrated within relay-based control devices operating on both distribution and transmission systems, where it continues to operate in a monitoring configuration. These deployments are intended to support ongoing evaluation of BCPT performance under live operating conditions and varying system states. With respect to distribution systems, BCPT has been installed within a relay device associated with a distribution circuit, where it has been operating in monitoring mode since 2025. Following the Company’s previously disclosed transmission-line validation testing conducted in February 2026, BCPT has remained installed within applicable transmission protection relays in a monitoring configuration, enabling continued observation and performance evaluation under energized system conditions. The utility that performed the test on February 26, 2026 also evaluated a product that purports to detect open-conductor conditions which was designed by another organization. Based on the results of that testing, the Competitive Product did not detect the simulated open-conductor conditions under the test parameters utilized. The Company has continued to advance the BCPT across both transmission and distribution environments. As part of these efforts, the Company has analyzed hundreds of thousands of hours of recorded system data derived from energized utility operations. These analyses incorporated phasor measurement unit data and evaluated BCPT performance across a wide range of operating conditions. Based on these evaluations, BCPT demonstrated the ability to reliably identify open-conductor conditions across a range of operating scenarios while maintaining stable performance under non-fault conditions.
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