Northwire Canada EditionMonday, October 19, 2026
Northwire
⌕
GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Other

Ellis Martin Report: Hillcrest Energy Technologies Ltd. (CNSX:HEAT) Signs Strategic Industrial MOU to Advance Ultra-Efficient Power Conversion Technology

HEAT · Price

Executive Summary

  • Hillcrest Energy Technologies announced a strategic industrial development agreement (MOU) to advance field validation and commercialization of its ultra‑high‑efficiency zero voltage switching (ZVS) power conversion technology.
  • Independent testing has shown the technology can achieve up to 99.7 % conversion efficiency with markedly lower electromagnetic interference.
  • The company highlighted target markets—including AI data centers, microgrids, grid infrastructure, energy storage, EVs, and defense—and estimated a combined addressable market of >US$180 billion by 2030.

Key Details

  • The MOU supports collaborative development and real‑world field validation for large‑scale industrial applications.
  • Hillcrest’s ZVS technology delivers efficiencies up to 99.7 %, verified by third‑party testing, and reduces electromagnetic interference compared with conventional converters.
  • Management indicated microgrids and remote energy systems could provide an early revenue path, while AI data centers represent a longer‑term growth opportunity.
  • The company is evaluating both licensing and system‑level sales models as it moves toward commercialization.
  • No financial terms, pricing, or consideration were disclosed in the announcement.

Notable Quotes

  • “The newly announced MOU supports collaborative development and field validation of Hillcrest's technology for large‑scale industrial applications,” – Don Currie, CEO, Hillcrest Energy Technologies.
Read the original news release →

More from Hillcrest Energy Technologies Ltd.