About Pioneer Power Solutions
Pioneer Power Solutions is a company based in Fort Lee (United States) founded in 1995. The company has 60 employees. Pioneer Power Solutions has completed 2 acquisitions, including Harmonics and Titan Energy. Pioneer Power Solutions offers products and services including E-Bloc, e-Boost, T&D Solutions, and Critical Power. Pioneer Power Solutions operates in a competitive market with competitors including Havells, ESAB, Nuventura, Shanghai Electric Group and HPL Electric & Power, among others.
- Headquarter Fort Lee, United States
- Employees 60
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website pioneerpowersolutions.com
- Social LinkedIn
- Legal Name Pioneer Power Solutions, Inc.
- Annual Revenue₹5.2 Lakh
FY 2025 · -35% YoY
- Net Loss-₹11.75 Cr
FY 2025 · -22777% margin
- EBITDA-₹2.21 Cr
FY 2025 · -4287% margin
- Latest Funding Round$2.04M (USD), Post-IPO
Jan 2015
- Employee Count60
- Investments & AcquisitionsHarmonics
& 1 more
Associated legal entities of Pioneer Power Solutions
Pioneer Power Solutions operates through Pioneer Power Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pioneer Power Limited CIN U40100TG1998PLC030368 | Active | 22 Oct 1998 | Hyderabad, Telangana | ₹0.1 Cr | 3 | 9 | View details |
Products & Services of Pioneer Power Solutions
Pioneer Power Solutions offers a comprehensive portfolio of products and services, including E-Bloc, e-Boost, T&D Solutions, and Critical Power.
Pre-packaged switchgear for rapid commercial EV infrastructure deployment.
Provides mobile EV charging and backup power generation services.
Equipment for managing electrical power systems efficiently.
Engine-generator sets for emergency and distributed generation needs.
Funding Insights of Pioneer Power Solutions
- Total Rounds 2
- Last Round Post-IPO — $2.04M
- First Round $5M
(Dec 2009)
All 2 funding rounds of Pioneer Power Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | $2.04M | Post-IPO | – | – | – |
| Dec 2009 | $5M | Post-IPO | – | – | – |
Board of directors of Pioneer Power Limited (Pioneer Power Solutions)
Pioneer Power Limited is the primary company behind Pioneer Power Solutions. The board of Pioneer Power Limited currently have 6 directors; the longest-serving is Venugopal Reddy Puttamreddy, appointed in 2002. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venugopal Reddy Puttamreddy DIN 00094146 | Director | 05 Sep 2002 | 24 yrs 1 mo | Pioneer Power Limited |
| Haider Ali DIN 02846864 | Company Secretary | 01 Jun 2017 | 9 yrs 4 mo | Pioneer Power Limited |
| Manikanth Vasudevan DIN 08416790 | Whole-time director | 23 Apr 2019 | 7 yrs 5 mo | Pioneer Power Limited |
| Satish Reddy Katta DIN 01067792 | Director | 28 Apr 2025 | 1 yr 5 mo | Pioneer Power Limited |
| Naresh Mekalasatyanarayana DIN 11178287 | CFO | 03 Jun 2025 | 1 yr 4 mo | Pioneer Power Limited |
| Venugopal Reddy Petluru DIN 00019878 | Additional Director | 29 Nov 2025 | 10 mo | Pioneer Power Limited |
People of Pioneer Power Solutions
10 people are tracked at Pioneer Power Solutions (4 in leadership, 5 in board & advisors, 1 in team); the tracked headcount is 60.
| Name | Role | Group |
|---|---|---|
Nathan Mazurek | CEO & President | Leadership |
Walter Michalec | Interim CFO | Leadership |
Nathan J. Mazurek | Chairman & CEO | Leadership |
Bob Haywood | Director of Human Resources | Leadership |
Thomas Klink | Director | Board & advisors |
Yossi Cohn | Director | Board & advisors |
Ian Ross | Director | Board & advisors |
David Tesler | Director | Board & advisors |
Jonathan Tulkoff | Director | Board & advisors |
Tiana Supannopaj, MBA | Senior Accountant | Team |
Complete people profiles for Pioneer Power Solutions
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IPO & Listings of Pioneer Power Solutions
Pioneer Power Solutions is a publicly listed company on the NASDAQ with ticker symbol PPSI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Oct 2010
- Listed onNASDAQ: PPSI
- Listed entityPioneer Power Solutions, Inc.
- Exchange sectorProducer manufacturing
- ISINUS7238363003
- Share price$2.90 (-1.69% on the day) · 2026-10-13
- Market capitalisation$32.2M
- EPS (diluted, trailing year)$-0.69
- Volume (last session)47,768
Financials of Pioneer Power Solutions
Figures of Pioneer Power Limited, the primary company behind Pioneer Power Solutions, for FY 2025. Revenue was ₹5.2 Lakh (-35% year on year). Net loss was -₹11.75 Cr (-22777% margin). EBITDA was -₹2.21 Cr (-4287% margin). Revenue has grown at a compounded annual rate of -86% over three years and -78% over five years.
- ₹5.2 LakhRevenue · FY 2025 · -35% YoY
- -₹11.75 CrNet loss · -22777% margin
- -₹2.21 CrEBITDA · -4287% margin
- ₹76.00 CrPaid-up capital
- 3Employees (provident fund records)
- -86%Revenue CAGR, 3 years
- -78%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $27.6M | -$6.5M | -$5.4M |
| 2024 | $22.9M | -$3.2M | -$4.2M |
| 2023 | $11.1M | -$1.9M | -$5.6M |
| 2022 | $25.9M | -$5.4M | -$4.7M |
| 2021 | $18.3M | -$2.2M | -$3.4M |
Balance sheet, profit and loss, cash flow and ratios of Pioneer Power Limited are on its company page.
Detailed financial statements for Pioneer Power Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Pioneer Power Solutions
Pioneer Power Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Harmonics and Titan Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Custom transformers are manufactured for industrial applications by Harmonics. | harmonicslimited.com | New Haven, United States | 1998 | Jan 2015 | •••• | |
Reseller of back-up power systems | titanenergy.com | Minnetonka, United States | 2004 | Dec 2014 | •••• |
Complete acquisition details for Pioneer Power Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Pioneer Power Solutions
6 dated milestones of Pioneer Power Solutions across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Pioneer Power Solutions is founded.
- Funding First funding round of $5.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Titan Energy.
- Funding Latest funding round, Post-IPO, of $2.0M.
- Acquisition Acquires Harmonics.
Competitors of Pioneer Power Solutions
Pioneer Power Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Havells, ESAB, Nuventura, Shanghai Electric Group and HPL Electric & Power, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| havells.com | 1983 | Noida, India | – | 11,940 | Electrical equipment for domestic and industrial applications is manufactured. | |
| esab.com | 1904 | Mississauga, Canada | – | 1,034 | Manufacturer of welding equipments | |
| nuventura.com | 2017 | Berlin, Germany | $33.03M | – | Gas insulated switchgear is designed and manufactured in Berlin. | |
| shanghai-electric.com | 2004 | Shanghai, China | – | 29,552 | Industrial-grade green and smart system solutions are provided for businesses. | |
| hplindia.com | 1992 | Noida, India | – | 1,412 | Manufacturer of electrical equipment products | |
| iskra.eu | 1946 | Ljubljana, Slovenia | – | – | Electro-technical products and industrial solutions are supplied by Iskra. | |
| murrelektronik.com | 1975 | Bucheon-si, South Korea | – | – | Automation with Murrelektronik | stay connected | |
| mencom.com | 1987 | Oakwood, United States | – | 106 | Manufactures industrial connectors for power, control, signal, and networking applications worldwide. |
Detailed competitors of Pioneer Power Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Pioneer Power Solutions
The website of Pioneer Power Solutions (pioneerpowersolutions.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▼ 15.7% vs previous month
Websites whose visitors overlap most with Pioneer Power Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pioneertransformers.com | 100% | – | – | View details |
Latest news on Pioneer Power Solutions
Complete news archive for Pioneer Power Solutions
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Similar companies to Pioneer Power Solutions
10 companies that operate in the same segment as Pioneer Power Solutions (Industrial Automation & Robotics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Diversified electronics and automation equipment are manufactured and supplied. | 1885 | United States | USD 1.13 M | USD 37.44 B | 6,810 | |
Manufacturer of Industrial and Consumer Electric Equipment | 1937 | Mumbai, Maharashtra, India | – | USD 1.32 B | 4,840 | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Energy management and automation solutions are provided globally. | 1836 | Rueil-malmaison, Hauts-de-seine, France | – | USD 39.63 B | 2,020 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Collaborative surgical robotic systems are provided for hospital procedures. | 2014 | Cambridge, Cambridgeshire, United Kingdom | USD 1.72 B | – | – |
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Frequently Asked Questions about Pioneer Power Solutions
Pioneer Power Solutions was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Pioneer Power Solutions is headquartered in Fort Lee, United States. It is registered at Fort Lee, New Jersey, United States.
Nathan Mazurek is the current CEO of Pioneer Power Solutions.
Pioneer Power Solutions has 60 employees.
The primary company behind Pioneer Power Solutions, Pioneer Power Limited, reported revenue of ₹5.2 Lakh for FY 2025, down 35% year on year.
Pioneer Power Solutions design and manufacture electrical equipment for customers in the North American utility, industrial, commercial, OEM and critical power markets. Their product portfolio includes a wide range of liquid-filled and dry-type power, distribution and specialty electrical transformers, magnetic products used in the control and conditioning of electrical current for critical processes. The company manufactures engine-generator sets and controls, paralleling switchgear, automatic transfer switches etc.
Pioneer Power Solutions's top competitors include Havells, ESAB and Shanghai Electric Group.
Pioneer Power Solutions offers E-Bloc, e-Boost, T&D Solutions, and Critical Power.
Yes, Pioneer Power Solutions is publicly traded on NASDAQ under the ticker symbol PPSI.
Pioneer Power Solutions has made 2 acquisitions, including Harmonics, and Titan Energy.
Pioneer Power Solutions operates through Pioneer Power Limited.
The legal entities of Pioneer Power Solutions currently have 7 directors, including Venugopal Reddy Petluru, Haider Ali, Yugandhar Reddy Gajjala and others.