Polar Power Reports $7.9 Million in Pacific Islands Revenue as Repeat Orders Drive Expansion Across Off-Grid and Bad-Grid Power Markets

Rhea-AI Summary

Polar Power (NASDAQ: POLA) reported generating approximately $7.9 million in revenue from the Pacific Islands since 2024, driven by shipments of 333 DC generators and solar-hybrid systems across Papua New Guinea, Fiji, Vanuatu, the Solomon Islands and Guam. The company also disclosed a current solar-hybrid backlog of about $670,000 in the Solomon Islands following a repeat order from a regional telecommunications customer.

According to Polar Power, repeat orders from telecom operators typically follow demonstrated field reliability and operating-cost savings, and the company views its installed base as a platform to expand beyond telecom into microgrids, water pumping, cooling, EV charging and other local power applications.

Positive

• $7.9 million Pacific Islands revenue since 2024 from 333 systems
• Repeat telecom orders and $670,000 solar-hybrid backlog in Solomon Islands
• Installed base across five Pacific markets supports entry into adjacent applications

Negative

• None.

Market Reaction – POLA

-2.23% $1.75 47.5x vol

15m delay

-2.23% Vs previous close

+3.7% Peak in 0 min

$1.75 Last Price

$1.70 $1.96 Day Range

$6.51M Market Cap

47.5x Rel. Volume

Following this news, POLA has declined 2.23%, reflecting a moderate negative market reaction. Argus tracked a peak move of +3.7% during the session. Our momentum scanner has triggered 6 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.75. Trading volume is exceptionally heavy at 47.5x the average, suggesting significant selling pressure.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

LNKS rose 2.75% in the provided peer snapshot, offering cross-market context for this operating upda...

Analysis

LNKS rose 2.75% in the provided peer snapshot, offering cross-market context for this operating update. The announcement's value rests on repeat orders and backlog, while financing and Nasdaq compliance risks remain relevant to monitor.

Key Figures

Pacific Islands revenue: $7.9 million Systems shipped: 333 systems Markets served: Five markets +1 more

4 metrics

Pacific Islands revenue $7.9 million Since 2024 across five Pacific markets

Systems shipped 333 systems DC generators and solar-hybrid systems

Markets served Five markets Papua New Guinea, Fiji, Vanuatu, Solomon Islands, and Guam

Solar-hybrid backlog $670,000 Current backlog in the Solomon Islands

Historical Context

3 past events · Latest: Aug 11 (Positive)

Pattern 3 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 11	repeat orders	Positive	+2.9%	Additional Solomon Islands orders followed successful prior telecom deployments.
Jul 27	equity facility	Negative	+12.2%	Committed equity financing allowed potential stock issuance and carried dilution considerations.
Jun 02	quarterly performance	Positive	+3.0%	Improved profitability, working capital, equity, and backlog were reported for first-quarter 2026.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

POLA's three recent news events each had positive 24-hour reactions, although the financing disclosure diverged from its negative dilution implications.

Key Terms

solar-hybrid systems, uninterruptible power supplies (ups), ac-to-dc conversion, variable-speed engines, +1 more

5 terms

solar-hybrid systems technical

"shipping 333 DC generators and solar-hybrid systems across Papua New Guinea"

Solar-hybrid systems are power setups that combine solar panels with one or more other energy sources or storage options—such as batteries, diesel generators, or wind turbines—to deliver more reliable electricity than solar alone. For investors, they matter because the mix changes project costs, expected uptime, and revenue patterns in the same way adding a backup engine to a car changes its range and reliability.

uninterruptible power supplies (ups) technical

"microgrids, uninterruptible power supplies (UPS), water pumping"

Uninterruptible power supplies (UPS) are electrical devices that provide backup power and protect equipment from power interruptions, voltage spikes, and brownouts by switching to batteries or other stored energy when the main power fails. They matter to investors because UPS systems keep critical operations running—like a safety net for servers, medical gear and factory controls—so their reliability, market demand and replacement cycles can influence company revenues, operational risk and capital expenditures.

ac-to-dc conversion technical

"eliminating AC-to-DC conversion losses and reducing installed cost"

Conversion from alternating current (AC) to direct current (DC) is the electrical process that changes the back-and-forth flow of electrons in household or grid power into a steady one-way flow used by most electronic devices and batteries. It matters to investors because the efficiency, cost, size and heat produced by AC-to-DC systems affect product performance, operating expenses, manufacturing margins and regulatory compliance; think of it as a car’s transmission translating one type of motion into another with energy losses and design trade-offs.

variable-speed engines technical

"while variable-speed engines and rare-earth permanent-magnet alternators cut fuel"

Engines designed to run at a range of speeds rather than a single fixed speed, using controls or mechanical systems to adjust rotation and power output to match changing needs; think of a car that can vary highway and city RPMs smoothly instead of idling at one constant pace. They matter to investors because variable-speed capability often improves fuel or energy efficiency, reduces wear and maintenance, and enables more flexible use across applications, which can affect operating costs, product competitiveness, and market demand for equipment makers.

rare-earth permanent-magnet alternators technical

"variable-speed engines and rare-earth permanent-magnet alternators cut fuel consumption"

An alternator that uses strong permanent magnets made from rare-earth elements (like neodymium or samarium) to generate electricity as it spins, replacing or reducing the need for electromagnets and external excitation. For investors, these devices matter because they tend to be smaller, lighter and more efficient than traditional alternators—useful in electric vehicles, wind turbines and industrial gear—but their reliance on scarce rare-earth materials creates supply-chain, cost and geopolitical dependencies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Proven telecom deployments across five markets are generating reorders and pulling Polar into adjacent applications the Company believes are larger than telecom

GARDENA, Calif., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar” or the “Company”), a manufacturer of DC power and solar-hybrid systems for both off-grid and bad-grid environments, today reported that it has generated approximately $7.9 million in revenue from the Pacific Islands since 2024, shipping 333 DC generators and solar-hybrid systems across Papua New Guinea, Fiji, Vanuatu, the Solomon Islands, and Guam. The Company also disclosed a current solar-hybrid backlog of approximately $670,000 in the Solomon Islands, following a recent repeat order from a regional telecommunications customer.

The reorders are the clearest signal of Polar’s progress. Telecom operators generally place repeat orders only after a system has proven its reliability and operating-cost savings in the field. Polar’s expanding footprint reflects a repeatable business model — an initial field trial, followed by a successful deployment, followed by rising volume as operators standardize on Polar’s technology across their networks.

“We’ve now shipped 333 systems and generated $7.9 million of revenue across five Pacific markets, and the reorders tell us the technology is proving itself where it matters most — in the field,” said Arthur D. Sams, President and Chief Executive Officer of Polar Power. “Each successful deployment becomes a reference for the next, and it is pulling us toward a much larger opportunity beyond telecom — in microgrids, water pumping, cooling, and EV charging.”

Having completed the multi-year trial-to-volume adoption cycle with several Pacific Island carriers, Polar believes it is now entering the ramp phase of the region’s build-out, where reference installations convert into recurring, higher-volume orders. The Company views the Pacific Islands as one of the world’s most underserved markets for reliable, low-cost power — and, increasingly, as a proving ground for applications well beyond telecom.

As carriers install Polar’s hybrid systems, the same reliable, low-cost power is drawing demand from adjacent local applications — microgrids, uninterruptible power supplies (UPS), water pumping, air conditioning, and electric-vehicle charging. Polar believes the combined market for these applications is larger than telecommunications alone, and that its growing base of installed, field-proven systems positions the Company to capture it.

Polar’s systems are engineered for the Pacific’s dispersed geography and harsh marine environments. The Company’s DC generators connect directly to battery storage, eliminating AC-to-DC conversion losses and reducing installed cost, while variable-speed engines and rare-earth permanent-magnet alternators cut fuel consumption — a decisive advantage where fuel must be transported to remote sites at high cost.

About Polar Power, Inc.

Polar Power, Inc. (NASDAQ: POLA) designs, manufactures and sells direct current, or DC, power systems for telecommunications, military, automotive, industrial and other applications. Polar Power’s systems provide reliable, low-cost prime and backup power for applications requiring high reliability and low maintenance. The Company has also expanded its product portfolio to include power and cooling systems for data centers, as well as charging systems for drones. For additional information, please visit www.polarpower.com.

Forward-Looking Statements

This press release contains forward-looking statements regarding operating trajectory, order fulfillment, delivery timing, deployment, market opportunity, liquidity, financing plans, ability to continue as a going concern, Nasdaq compliance, and strategic priorities. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including substantial doubt about the Company’s ability to continue as a going concern, limited cash and liquidity, delisting risk, customer and supplier concentration, order fulfillment and production risks, supply-chain and shipping delays, customer acceptance risks, potential lender or landlord remedies, and other risk factors described in the Company’s Form 10-K for the year ended December 31, 2025 and Form 10-Q for the quarter ended March 31, 2026. Forward-looking statements apply only as of the date hereof; the Company undertakes no obligation to update them except as required by law.

Media and Investor Relations

Polar Power, Inc.
249 E. Gardena Blvd.
Gardena, CA 90248
Tel: 310-830-9153
ir@polarpowerinc.com
www.polarpower.com

FAQ

How much Pacific Islands revenue has Polar Power (NASDAQ: POLA) reported since 2024?

Polar Power reported approximately $7.9 million in Pacific Islands revenue since 2024. According to Polar Power, this comes from 333 shipped DC generators and solar-hybrid systems across Papua New Guinea, Fiji, Vanuatu, the Solomon Islands and Guam.

How many systems has Polar Power shipped to the Pacific Islands as of August 12, 2026?

Polar Power has shipped 333 DC generators and solar-hybrid systems to Pacific Island markets since 2024. According to Polar Power, these deployments span Papua New Guinea, Fiji, Vanuatu, the Solomon Islands and Guam, supporting off-grid and bad-grid telecom operations.

What is Polar Power's current solar-hybrid backlog in the Solomon Islands?

Polar Power reported a solar-hybrid backlog of approximately $670,000 in the Solomon Islands. According to Polar Power, this backlog follows a recent repeat order from a regional telecommunications customer and reflects ongoing demand for its DC and solar-hybrid systems.

Why are repeat telecom orders in the Pacific Islands important for Polar Power (POLA)?

Repeat orders indicate that Polar Power’s systems have demonstrated reliability and operating-cost savings in the field. According to Polar Power, telecom operators typically reorder only after successful trials, supporting a repeatable model of trials, deployment and rising volumes across their networks.

Which Pacific Island markets is Polar Power targeting for its DC and solar-hybrid systems?

Polar Power is active in Papua New Guinea, Fiji, Vanuatu, the Solomon Islands and Guam. According to Polar Power, these dispersed, harsh marine environments benefit from its DC generators and solar-hybrid systems designed for off-grid and bad-grid power conditions.

Beyond telecom, what applications is Polar Power pursuing in the Pacific Islands?

Polar Power is pursuing microgrids, UPS, water pumping, air conditioning and EV charging applications. According to Polar Power, demand for reliable, low-cost power from these adjacent uses may represent a market larger than telecommunications alone in the region.