Pioneer Innovates Beyond Mobile EV Charging, Debuts PRYMUS for Rapid Mobile Distributed Power Package Delivery

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced the launch of PRYMUS, a breakthrough mobile power delivery platform, a scaled evolution of the e-Boost platform. PRYMUS is designed to address the urgent and rapidly expanding demand for distributed MW-scale on-site across a broad spectrum of industrial markets, especially the power needed to support the acceleration of artificial intelligence ("AI") and power-hungry data centers more generally.

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PRYMUS Based on e-Boost Technology with Advanced Microgrid Features

PRYMUS: Energy-at-the-Edge, Fast and Scalable

PRYMUS is a distributed power package that delivers scalable, pre-engineered energy blocks of 1 MW up to 10 MW. Its primary differentiators are speed and mobility. PRYMUS can be delivered and fully operational at a site in approximately six months, drastically reducing the typical two- to three-year timeline for securing utility-grade power. This fast-track deployment is essential for modular data centers testing new server racks with the latest AI chipsets, including next-generation NVIDIA AI chipsets, all of which require ultra-stable power delivery and rapid response to extreme load variability.

PRYMUS also supports industrial automation and on-premise AI compute required by sectors such as healthcare, pharma, finance, research institutions and government, where data privacy regulations, strict compliance and IP protection necessitate local data processing.

Addressing Urgent Market Needs

PRYMUS is entering a market defined by urgent need. Global power demand for data centers is projected to increase by up to 165% by 2030, putting immense pressure on traditional utility timelines. Specifically, the global Modular Data Center (MDC) market, driven by demands for rapid deployment and edge computing, is forecast to grow at a Compound Annual Growth Rate (CAGR) of over 17% and is expected to exceed $164 billion by 2035.

Hybrid Power Architecture

PRYMUS integrates mobile prime generators fueled by flexible options including NG, RNG, LPG, rLPG, diesel and renewable diesel, with Mobile Battery Energy Storage Systems (mBESS), paralleling switchgear and advanced controls. This hybrid approach ensures robust base load power while mBESS actively manages the instantaneous spikes inherent in AI workloads.

PRYMUS is Based on e-Boost Technology with Advanced Microgrid Features

Pioneer leverages its extensive experience in backup power, prime power generation, microgrid deployment and e-Boost's mobile charging expertise to build PRYMUS systems to be pre-engineered for inherent redundancy and reliability. The systems can also be reconfigured into permanent microgrids or standby power blocs once utility power is established. The platform is purpose-built for critical, power-intensive sectors, including modular and containerized data centers, industrial manufacturing, specialized testing facilities, healthcare providers and telecommunications.

"The dissonance between the supply and demand for electrical power has created an ever-widening gap," commented Nathan Mazurek, Chairman and CEO of Pioneer. "PRYMUS combines our decades of expertise in distributed prime power and microgrids with mobile innovations from e-Boost to deliver a differentiated solution. We are not just selling power; we intend to provide adaptable energy resiliency that puts power where it's needed in months, not years, directly fueling the next phase of America's technological growth."

PRYMUS: At-a-glance

Feature		Detail
Deployment Time		Site delivery to full power in 6 months (vs. 2–3 years for typical grid upgrade).
Scalable Blocks		Modular energy delivery, easily scalable from 1 MW up to 10 MW.
Prime Power Generation		Mobile prime generators (NG, RNG, LPG, rLPG, Diesel, Renewable Diesel).
Power Spike Management		Integrated Mobile Battery Energy Storage Systems (mBESS) to handle instantaneous power spikes from AI loads.
Resilience		Pre-engineered microgrid architecture; reconﬁgurable for long-term site resiliency.
Target Loads		AI Edge Compute, Modular Data Centers (Test Server Racks & On-Prem Data Centers), high power consuming applications (i.e. pharmaceuticals, industrial).

"Our pedigree in deploying complex microgrid projects equips us to engineer PRYMUS with proven, resilient architecture right out of the box," added Geo Murickan, President of Pioneer eMobility. "By combining multi-fuel prime generation with mBESS for dynamic load management, we strive to deliver a superior power quality package capable of meeting the rigorous demands of next-generation AI chipsets and liquid-cooled systems, effectively transforming power generation into a mobile, plug-and-play solution."

Pioneer is already collaborating with leading modular and containerized data center companies, distributed generation providers and commercial EV charging businesses. The company expects PRYMUS to contribute to Pioneer's top-line revenue starting in 2026. For inquiries about our Edge AI compute power or to discuss solutions for your project's specific requirements, please reach out to the PRYMUS team at info@pioneer-emobility.com.

About Pioneer Power Solutions, Inc.

Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, service of distributed energy resources, power generation equipment and mobile electric charging solutions for applications in the utility, industrial and commercial markets. To learn more about Pioneer, please visit its website at www.pioneerpowersolutions.com.

e-Boost is Pioneer's portfolio of smart, mobile EV charging solutions that is revolutionizing the industry with its speed, flexibility, and sustainability. Since its launch in November 2021, e-Boost has established itself as the market leader, delivering mobile, off-grid charging solutions with unparalleled lead times and an extensive range of platforms. Trusted by electric bus and truck manufacturers, fleet management companies, municipalities, and EV infrastructure providers, e-Boost is setting the standard for innovative, all-inclusive EV charging solutions. To learn more about Pioneer's e-Boost, please visit its website at www.pioneer-emobility.com.

Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the federal securities laws. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company's ability to sell and deploy PRYMUS and generate revenues therefrom, (ii) the Company's ability to successfully operate its business after the divestiture of its E-Bloc business, (iii) the Company's ability to successfully increase its revenue and profit in the future, (iv) general economic conditions and their effect on demand for electrical equipment, (v) the effects of fluctuations in the Company's operating results, (vi) the fact that many of the Company's competitors are better established and have significantly greater resources than the Company, (vii) the Company's dependence on two customers for a large portion of its business, (viii) the potential loss or departure of key personnel, (ix) unanticipated increases in raw material prices or disruptions in supply, (x) the Company's ability to realize revenue reported in the Company's backlog, (xi) future labor disputes, (xii) changes in government regulations, (xiii) the liquidity and trading volume of the Company's common stock, (xiv) an outbreak of disease, epidemic or pandemic, such as the global coronavirus pandemic, or fear of such an event, (xv) risks associated with litigation and claims, which could impact our financial results and condition, and (xvi) the Company's ability to maintain compliance with the continued listing requirements of the Nasdaq Capital Market.

More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Company's Annual and Quarterly Reports on Form 10-K and Form 10-Q, respectively. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251209586188/en/

Brett Maas, Managing Partner

Hayden IR

(646) 536-7331

brett@haydenir.com

Pioneer Launches PRYMUS: Unleashing Energy-at-the-Edge for Rapid AI Compute Power