About Polar Power
Polar Power is a company based in Gardena (United States) founded in 1979. Polar Power has raised $1.17 million across 4 funding rounds from investors including Citi. The company has 82 employees as of December 31, 2024. Polar Power offers products and services including DC Generators, Hybrid Power Systems, and Marine DC Generators. Polar Power operates in a competitive market with competitors including Ecoflow, Ascent Solar, Enteligent, Renogy and Infiniti Energy, among others.
- Headquarter Gardena, United States
- Employees 82 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Polar Power, Inc.
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Annual Revenue
$13.97 M (USD)-8.65as on Dec 31, 2024
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Net Profit
-$4.68 M (USD)28.57as on Dec 31, 2024
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EBITDA
-$4.21 M (USD)24.9as on Dec 31, 2024
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Total Equity Funding
$1.17 M (USD)
in 4 rounds
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Latest Funding Round
$2.81 M (USD), Post-IPO
Jul 02, 2020
- Investors
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Employee Count
82
as on Dec 31, 2024
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IPO & Listings of Polar Power
Polar Power is a publicly listed company on the NASDAQ with ticker symbol POLA in USA, operating in the Electronic technology 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.
Products & Services of Polar Power
Polar Power offers a comprehensive portfolio of products and services, including DC Generators, Hybrid Power Systems, and Marine DC Generators.
Devices providing reliable DC power for telecom and military uses
Integrated systems combining solar and generators for efficient energy
Generators designed for marine vessels and propulsion needs
People of Polar Power
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Funding Insights of Polar Power
Polar Power has successfully raised a total of $1.17M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.81 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Polar Power
Polar Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citi.
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Investor details for Polar Power
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Investments & Acquisitions by Polar Power
Investment portfolio details for Polar Power
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Financial Statements - Polar Power
Detailed financials for Polar Power
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Polar Power Comparisons
Peer comparison for Polar Power
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Competitors of Polar Power
Polar Power 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 Ecoflow, Ascent Solar, Enteligent, Renogy and Infiniti Energy, among others.
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An online platform for energy storage solutions is offered.
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Thin-film CIGS solar modules manufacturer
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Solar-powered products are manufactured by Enteligent in the United States.
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Solar panels, kits, and power electronics are manufactured by Renogy.
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Solar EPC services are provided for renewable energy projects.
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Detailed competitors of Polar Power
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Latest news on Polar Power
Complete news archive for Polar Power
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Frequently Asked Questions about Polar Power
Polar Power was founded in 1979 and raised its 1st funding round 35 years after it was founded.
Polar Power is headquartered in Gardena, United States. It is registered at Gardena, California, United States.
Arthur D Sams is the current CEO of Polar Power.
Polar Power is a funded company, having raised a total of $1.17M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Polar Power is 82.
Annual revenue of Polar Power is $13.97M as on Dec 31, 2024.
Polar Power was founded in 1979 and is located in Gardena, United States. Mobile rapid chargers for electric vehicles are developed by the company, enabling charging in areas without utility grids. Systems include DC generators, battery management systems, and integrated software, designed for 20 kW to 40 kW applications. Heat exchangers and lithium-ion battery systems are also manufactured within the energy storage and EV infrastructure sector.
Polar Power's top competitors include Ecoflow, Renogy and Enteligent.
Polar Power offers DC Generators, Hybrid Power Systems, and Marine DC Generators.
Yes, Polar Power is publicly traded on NASDAQ under the ticker symbol POLA.
Polar Power has 1 investor. Key investors include Citi.
The ticker symbol of Polar Power is POLA on NASDAQ.