- Hillcrest Energy Technologies (OTCQB:HLRTF) unveils a white paper showcasing their advanced Zero Voltage Switching (ZVS) technology for power inductor designs.
- The ZVS technology promises 75% cost reduction, 4x weight reduction, and 3.3x volume reduction in power inductor design.
- Pending strategic investment of CDN $4.25 million could grant the investor a 19.9% stake in Hillcrest.
Hillcrest Energy Technologies (OTCQB:HLRTF) has released an insightful white paper detailing the substantial benefits of its innovative Zero Voltage Switching (ZVS) technology in power inductor design. The technical paper highlights remarkable advancements, including a 75% reduction in costs, a fourfold decrease in weight, and a 3.3 times reduction in volume compared to traditional designs.
The company's ZVS traction inverter prototype has demonstrated an impressive efficiency of up to 99.7%, with system-level efficiency improvements reaching up to 6%. These achievements are part of Hillcrest's broader strategy to commercialize its technology through key partnerships, including collaborations with a global Tier 1 automotive supplier and Ocean Batteries.
Further bolstering its market position, Hillcrest is currently navigating the completion of a CDN $4.25 million strategic investment agreement. Upon finalization, this investment would secure the investor a 19.9% ownership stake in the company, underscoring confidence in Hillcrest's pioneering technology. The timeline for completion has extended beyond initial plans due to ongoing processes, though the investor remains committed to finalizing the investment under the agreed terms.
As part of its strategic expansion, Hillcrest Energy Technologies continues to foster significant partnerships to leverage its ZVS technology across various sectors, including electric vehicles, renewable energy systems, and aerospace applications. The global power electronics market is expected to surpass $50 billion by 2030, presenting Hillcrest with vast opportunities to enhance efficiency and reduce system costs through its advanced power conversion solutions.
