Pioneer Power receives $7M in purchase orders for E-Bloc and related equipment in August

PIONEER POWER SOLUTIONS, INC.

Purchase orders totaling $7 million for E-Bloc distributed generation and custom control equipment received in August.
Orders from diverse verticals: EV supercharging stations, electrical utilities, and aerospace customers.
Deliveries begin Q2 2024, with majority of revenue recognized in second half of 2024.
CEO cites broad-based demand reinforcing confidence for rapid revenue growth and operating leverage in 2024.

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