Spain’s credit rating upgraded to ’A+’ by S&P on strong growth
FORT LEE, N.J. - Pioneer Power Solutions, Inc. (Nasdaq:PPSI), a small-cap company currently trading at $3.81 with a market capitalization of $42.27 million, has secured multiple new contracts for its mobile EV charging solutions across emergency services, aerospace, logistics, and clean energy sectors, the company announced Tuesday. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value metrics, with analysts setting price targets between $9 and $12.
The agreements include initial unit purchases and pilot rentals scheduled for delivery through the remainder of 2025 and into the first quarter of 2026. These contracts highlight the company’s ability to provide mobile power and charging systems for various applications.
Among the new business, the Washington State Department of Natural Resources has acquired an e-Boost Mobile Mini with 30kW EV charging capability to recharge electric utility vehicles in remote areas, supporting watershed management and wildfire response efforts.
Pioneer is also collaborating with a leading U.S. propane distributor to develop an off-grid power solution for rural propane vehicle filling stations. The e-Boost Mini - Pure Power unit will power propane dispensers in remote locations, with the initial unit expected to be delivered this year for a station in central Florida.
In the aerospace sector, Pioneer has partnered with an off-grid power provider to design a mobile microgrid solution for a rocket launching facility, integrating mobile battery energy storage units with the company’s e-Boost Mobile - Pure Power unit.
Additionally, the company received a follow-on rental order for its e-Boost Mobile Mini solution from a Fortune 100 retailer to support one of the world’s largest e-commerce fleets during the peak holiday season.
"These recent wins reflect both the growing market demand for flexible, reliable, off-grid power solutions and our ability to deliver across a multitude of industries," said Nathan Mazurek, CEO of Pioneer, according to the press release. The company’s financial health appears solid, with InvestingPro data showing it holds more cash than debt and maintains a strong current ratio of 5.42. Pioneer has demonstrated remarkable revenue growth of nearly 880% in the last twelve months.
Pioneer Power Solutions designs, manufactures, and integrates distributed energy resources, power generation equipment, and mobile EV charging solutions. For deeper insights into Pioneer Power’s financial health and growth prospects, InvestingPro subscribers can access 13 additional ProTips and a comprehensive Pro Research Report, part of the platform’s coverage of over 1,400 US equities.
In other recent news, Pioneer Power Solutions reported its second-quarter earnings for 2025, showcasing a notable increase in revenue and a narrower net loss compared to the previous year. Despite the improvement in revenue, the company experienced a higher-than-expected loss per share. Analysts had anticipated the revenue surge, which was driven by strong sales growth. The earnings results led to a 4.01% drop in the company’s stock price, although the revenue figures exceeded forecasts. While the earnings report presented mixed results, the revenue growth highlights the company’s ability to increase sales. Investors may find these developments noteworthy as they assess Pioneer Power’s financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.