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Pioneer Power Solutions received an $8 million purchase order from one of the world's largest automakers for its E-Bloc electrical solution to power a new EV campus, with delivery scheduled for Q3 2023.
Pioneer Power Solutions extended its contract to supply liquid-filled transformers to the second largest municipal-owned utility in North America. The five-year contract, effective January 1, 2017, is expected to generate about $4 million in annual revenue.