Hillcrest Announces Strategic Development Agreement for Industrial Applications; Advances 200kW Grid Inverter Development

Executive Summary

• Hillcrest Energy Technologies Ltd. executed a Memorandum of Understanding with a leading industrial user to co‑develop customized Zero Voltage Switching (ZVS) inverter solutions for advanced materials processing applications.
• The collaboration will progress through defined milestones—including application analysis, prototype development, certification, and commercial production—with both parties contributing technical expertise, resources, and funding.
• The agreement validates Hillcrest’s ZVS technology beyond grid‑scale and automotive markets, targeting a combined addressable market of over US$180 billion by 2030.

Key Details

• MOU Effective Date: January 30 2026.
• Partner Role: Provides demonstration and field‑trial opportunities within its advanced materials processing systems; contributes technical expertise and funding.
• Hillcrest Role: Designs, builds, tests, and commercializes ZVS inverter solutions tailored to the partner’s applications; retains ownership of ZVS‑related IP, with jointly developed IP owned jointly.
• Milestone Pathway:
• Application Analysis – Identify all inverter uses within partner’s system design.
• Prototype Development – Progress from initial prototype to commercial prototype and certified pre‑production units.
• Certification Pathway – Roadmap to deliver certified, commercial‑ready inverters.
• Commercial Production – Establish manufacturing capability and commercial agreements.
• Technology Highlights: ZVS technology offers >99 % efficiency, ultra‑low electromagnetic interference (EMI), superior power quality, higher power density, and modular architecture.
• Strategic Context: Agreement expands Hillcrest’s focus from grid‑scale and automotive to industrial applications, complementing its seven core market segments (data centers, BESS, microgrids, industrial/commercial operations, construction/infrastructure, emergency response, military).
• Market Opportunity: Target addressable market exceeding US$180 billion by 2030 (MarketsandMarkets, 2025).
• Prototype Timeline: 200 kW ZVS PCS1000 prototype slated for demonstration in Q2 2026.

Notable Quotes

“This strategic agreement with a major industrial user validates our ZVS technology platform's applicability across diverse demanding applications,” – Don Currie, CEO, Hillcrest Energy Technologies.

“The partner's advanced processing systems require precise, efficient power conversion with ultra‑low electromagnetic interference… Our ZVS technology’s superior efficiency exceeding 99 % makes it ideally suited for sensitive industrial applications.” – Don Currie, CEO.