{"success":true,"data":{"pressRelease":{"id":"123234","rtpr_id":"nGNX73CDvY","ticker":"POLA","exchange":"NASDAQ","all_tickers":["POLA"],"title":"Polar Power Announces Expansion into Drone and Robotics Military Markets as Part of Diversification Strategy","author":"Globe Newswire","published_at":"2026-08-19T20:15:00.308Z","article_body":"Company applies more than three decades of DC power expertise to growing\ndemand for mobile power and charging systems supporting modern unmanned\nmilitary platforms.\n\nGARDENA, Calif., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ:\nPOLA), a designer and manufacturer of advanced direct current (DC) power\nsystems, today announced that its ongoing customer diversification strategy is\ndriving increased sales and development activity in military applications\ninvolving drones, robotics, unmanned surface vessels (USVs), communications\nand battery charging.\n\nCurrent projects and applications under Polar support include:\n* Drone defense: Power systems supporting high-speed rapid-fire projectile\nsystems in collaboration with the U.S. Navy Warfare Center Dahlgren.\n* Autonomous targeting: DC power solutions for autonomous targeting platforms\nused in drone-defense applications in collaboration with a major defense\ncontractor.\n* Border security: Autonomous, land-based security stations requiring\nreliable off-grid power.\n* Unmanned surface vessels: Polar Power's DC marine generators are being\nevaluated and utilized for propulsion, communications, monitoring, defense and\nother applications aboard water-based autonomous platforms with multiple\ndefense companies.\n* Battery charging and field power: Compact DC generators designed to provide\nmobile power and charging capabilities for robotics, drones and communications\nwith multiple defense companies and government agencies.\nPolar Power's military and advanced-mobility strategy builds on its existing\nDC generator technology and its ability to configure systems for demanding\napplications where reliability, light weight, compact size, fuel efficiency\nand low maintenance are critical.\n\nAt present, Polar Power’s sales to individual defense contractors and\ngovernment agencies generally involve limited quantities as products undergo\nfield testing, qualification and evaluation, and finally production contracts.\nMilitary contracts that are awarded to Polar Power typically generate $1M to\n$1.5M in annual revenues. Polar Power believes successful completion of these\nstages could create opportunities for larger production orders and broader\ndeployment, although there can be no assurance that such opportunities will\nmaterialize.\n\nBuilding the Power Infrastructure for Unmanned Systems\n\nPolar Power intends to position itself as a supplier of the field power\ninfrastructure required to keep unmanned systems operational in remote,\noff-grid and mission-critical environments.\n\nDrones and other unmanned systems are increasingly being deployed across\ndefense and commercial applications, including intelligence and\nreconnaissance, logistics, infrastructure inspection, agriculture, public\nsafety and autonomous defense operations. As these systems become more capable\nand are deployed for longer periods, reliable field power, propulsion, and\nbattery-charging infrastructure becomes increasingly important.\n\n“Polar Power’s engineers and staff enjoy the challenges of working with\nour defense contractors and the various DoD agencies. There is huge personal\nsatisfaction on what gets accomplished on these various projects.” said\nArthur D Sams.\n\nForward-Looking Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe federal securities laws, including statements regarding Polar Power's\nstrategy and expected expansion into the drone, robotics and unmanned-systems\npower markets; anticipated growth and adoption of unmanned systems; the\nCompany's ability to apply its existing technology and manufacturing\ncapabilities to these markets; and the potential for future products,\nprograms, customer engagements and production orders.\n\nThese statements are based on current expectations and are subject to risks\nand uncertainties, including market adoption, competition, product\ndevelopment, qualification and testing requirements, production and\nsupply-chain risks, customer concentration, the Company's capital position and\nNasdaq listing compliance status, and other risks described in the Company's\nfilings with the Securities and Exchange Commission. Actual results could\ndiffer materially from those expressed or implied by these forward-looking\nstatements. There can be no assurance that Polar Power's expansion into these\nmarkets will be successful or result in additional revenue or production\ncontracts. Polar Power undertakes no obligation to update forward-looking\nstatements except as required by law.\n\nMedia and Investor Relations\n\nPolar Power, Inc.\n249 E. Gardena Blvd.\nGardena, CA 90248\nTel: 310-830-9153\nir@polarpowerinc.com\nwww.polarpower.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/edd42c7f-20af-4a8a-ac7b-e8139ca1da2f)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX73CDvY","title":"Polar Power Announces Expansion into Drone and Robotics Military Markets as Part of Diversification Strategy","author":"Globe Newswire","ticker":"POLA","created":"2026-08-19T20:15:00.308Z","tickers":["POLA"],"exchange":"NASDAQ","article_body":"Company applies more than three decades of DC power expertise to growing\ndemand for mobile power and charging systems supporting modern unmanned\nmilitary platforms.\n\nGARDENA, Calif., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ:\nPOLA), a designer and manufacturer of advanced direct current (DC) power\nsystems, today announced that its ongoing customer diversification strategy is\ndriving increased sales and development activity in military applications\ninvolving drones, robotics, unmanned surface vessels (USVs), communications\nand battery charging.\n\nCurrent projects and applications under Polar support include:\n* Drone defense: Power systems supporting high-speed rapid-fire projectile\nsystems in collaboration with the U.S. Navy Warfare Center Dahlgren.\n* Autonomous targeting: DC power solutions for autonomous targeting platforms\nused in drone-defense applications in collaboration with a major defense\ncontractor.\n* Border security: Autonomous, land-based security stations requiring\nreliable off-grid power.\n* Unmanned surface vessels: Polar Power's DC marine generators are being\nevaluated and utilized for propulsion, communications, monitoring, defense and\nother applications aboard water-based autonomous platforms with multiple\ndefense companies.\n* Battery charging and field power: Compact DC generators designed to provide\nmobile power and charging capabilities for robotics, drones and communications\nwith multiple defense companies and government agencies.\nPolar Power's military and advanced-mobility strategy builds on its existing\nDC generator technology and its ability to configure systems for demanding\napplications where reliability, light weight, compact size, fuel efficiency\nand low maintenance are critical.\n\nAt present, Polar Power’s sales to individual defense contractors and\ngovernment agencies generally involve limited quantities as products undergo\nfield testing, qualification and evaluation, and finally production contracts.\nMilitary contracts that are awarded to Polar Power typically generate $1M to\n$1.5M in annual revenues. Polar Power believes successful completion of these\nstages could create opportunities for larger production orders and broader\ndeployment, although there can be no assurance that such opportunities will\nmaterialize.\n\nBuilding the Power Infrastructure for Unmanned Systems\n\nPolar Power intends to position itself as a supplier of the field power\ninfrastructure required to keep unmanned systems operational in remote,\noff-grid and mission-critical environments.\n\nDrones and other unmanned systems are increasingly being deployed across\ndefense and commercial applications, including intelligence and\nreconnaissance, logistics, infrastructure inspection, agriculture, public\nsafety and autonomous defense operations. As these systems become more capable\nand are deployed for longer periods, reliable field power, propulsion, and\nbattery-charging infrastructure becomes increasingly important.\n\n“Polar Power’s engineers and staff enjoy the challenges of working with\nour defense contractors and the various DoD agencies. There is huge personal\nsatisfaction on what gets accomplished on these various projects.” said\nArthur D Sams.\n\nForward-Looking Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe federal securities laws, including statements regarding Polar Power's\nstrategy and expected expansion into the drone, robotics and unmanned-systems\npower markets; anticipated growth and adoption of unmanned systems; the\nCompany's ability to apply its existing technology and manufacturing\ncapabilities to these markets; and the potential for future products,\nprograms, customer engagements and production orders.\n\nThese statements are based on current expectations and are subject to risks\nand uncertainties, including market adoption, competition, product\ndevelopment, qualification and testing requirements, production and\nsupply-chain risks, customer concentration, the Company's capital position and\nNasdaq listing compliance status, and other risks described in the Company's\nfilings with the Securities and Exchange Commission. Actual results could\ndiffer materially from those expressed or implied by these forward-looking\nstatements. There can be no assurance that Polar Power's expansion into these\nmarkets will be successful or result in additional revenue or production\ncontracts. Polar Power undertakes no obligation to update forward-looking\nstatements except as required by law.\n\nMedia and Investor Relations\n\nPolar Power, Inc.\n249 E. Gardena Blvd.\nGardena, CA 90248\nTel: 310-830-9153\nir@polarpowerinc.com\nwww.polarpower.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/edd42c7f-20af-4a8a-ac7b-e8139ca1da2f)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-19T20:15:00.374023027Z","server_sent_at_ms":1787170500374},"received_at":"2026-08-19T20:15:00.680Z","source_url":"https://www.globenewswire.com/news-release/2026/08/19/3347987/0/en/polar-power-announces-expansion-into-drone-and-robotics-military-markets-as-part-of-diversification-strategy.html"},"analysis":{"id":"112217","press_release_id":"123234","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["current sales involve limited quantities during testing and qualification","no assurance that development opportunities will materialize into production contracts","forward-looking statements heavily dependent on market adoption"],"eventType":"operations_update","narrative":"Polar Power announced a diversification strategy into military applications for drones, robotics, and unmanned surface vessels, leveraging its DC power expertise for defense and charging systems.\n\nCurrent active projects include collaborations with the U.S. Navy Warfare Center Dahlgren on drone defense and major defense contractors on autonomous targeting, though sales currently involve limited quantities during field testing.\n\nThe company noted that awarded military contracts typically generate $1M to $1.5M in annual revenue, but cautioned there is no assurance current development activities will result in larger production orders.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strategic pivot into defense power markets highlights diversification effort."},"keyFigures":{"customDimensions":{"typical_military_contract_revenue":"$1M to $1.5M"}},"quotedText":"Polar Power’s engineers and staff enjoy the challenges of working with our defense contractors and the various DoD agencies. There is huge personal satisfaction on what gets accomplished on these various projects.","namedEntities":{"people":[{"name":"Arthur D Sams"}],"products":["DC power systems","DC marine generators","DC generators"],"companies":[{"name":"Polar Power, Inc.","ticker":"POLA"},{"name":"U.S. Navy Warfare Center Dahlgren","relationship":"collaborator"}],"dollarAmounts":[{"amount":"$1M to $1.5M","context":"typical annual revenue for awarded military contracts"}]},"materialImpact":{"score":2,"reasoning":"The press release details a strategic expansion into high-growth military markets with specific named projects. However, current sales are limited to testing and qualification stages, and the company explicitly states there is no assurance these opportunities will materialize into significant revenue."},"tickerRelevance":{"others":[],"primary":"POLA"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"strategic-announcement","sectorWeight":"industrials"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Polar Power announced a diversification strategy into military applications for drones, robotics, and unmanned surface vessels, leveraging its DC power expertise for defense and charging systems.\n\nCurrent active projects include collaborations with the U.S. Navy Warfare Center Dahlgren on drone defense and major defense contractors on autonomous targeting, though sales currently involve limited quantities during field testing.\n\nThe company noted that awarded military contracts typically generate $1M to $1.5M in annual revenue, but cautioned there is no assurance current development activities will result in larger production orders.","key_figures":{"customDimensions":{"typical_military_contract_revenue":"$1M to $1.5M"}},"named_entities":{"people":[{"name":"Arthur D Sams"}],"products":["DC power systems","DC marine generators","DC generators"],"companies":[{"name":"Polar Power, Inc.","ticker":"POLA"},{"name":"U.S. Navy Warfare Center Dahlgren","relationship":"collaborator"}],"dollarAmounts":[{"amount":"$1M to $1.5M","context":"typical annual revenue for awarded military contracts"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-19T20:21:36.490Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"strategic-announcement","sectorWeight":"industrials"}},"durationMs":122248,"modelName":"glm-4.7"}}