Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, announced increasing demand from U.S. telecom providers during the fourth quarter of 2018 has resulted in a backlog of $19.1 million as of November 26th, 2018. This is a $17.3 million increase from a backlog of $1.8 million on December 31, 2017. The backlog of $19.1 million reflects $1.1 million in international sales from Africa and Asiaregions, which is a key strategic growth initiative for the company.

Polar Power C.E.O. Arthur D. Sams commented, "Over the course of the year we have made great strides in positioning Polar Power for long term success including receiving product certifications from top tier-1 telecom providers worldwide and nearly doubling our manufacturing capacity as we go into 2019. We believe that we have overcome major supply chain issues encountered during Q3 2018, allowing us to increase our production from mid-November.

"Over the past couple years, we have made significant investments in introducing new models and increasing our technologies in DC backup power, lithium battery storage and renewable energy. This year has been a breakthrough year for Polar as we have gained significant momentum in convincing tier-1 telecom providers to switch from older AC backup power systems to more efficient DC powered backup generators and this is clearly reflected in the notable bookings."

Polar Power | www.polarpower.com