Pioneer Power Solutions, Inc.

Good day and welcome to the Pioneer Power Solutions, Inc. Third Quarter 2021 Earnings Results Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Brett Moss from Aiden IR. Please go ahead, sir.

Thank you and welcome, everyone. The call today will be hosted by Nathan Masaryk, Chairman and Chief Executive Officer, and Walter Mialik, Chief Financial Officer. Also on the call today is Gio Maracca, President of the company's recently launched Pioneer Power Mobility Business Unit. Following this discussion will be a Q&A session over to participants on the call. We appreciate the opportunity to review the third quarter results and discuss recent business highlights. Before we get started, let me remind you this call is being recorded in webcast. The text of management's prepared remarks will be made available later on the company's website. During this call, managers will make forward-looking statements. These statements are based on the current expectations and assumptions and are subject to risks and uncertainties that could cause actual results of this materially. Please refer to the cautionary text regarding forward-looking statements contained in the earnings release issued earlier today and on the posted version of the prepared remarks. both of which apply to the content of the call. Now I'd like to turn the call over to Nathan Masaryk, Chairman and CEO. Nathan, please go ahead.

Thank you, Brett. Good afternoon. Good evening. I am pleased to update you on the progress of our strategic shift to concentrate on products and services that directly respond to the rapidly growing distributed generation and electric vehicle charging markets. We are successfully leveraging decades of power solution experience, by applying it to the design and manufacture of unique and innovative products for the aforementioned markets. Earlier this year, we introduced eBlock, a compact integrated outdoor system that allows end users to add and control multiple sources of electrical energy. In our most recent quarter, we successfully delivered an excess of $1.8 million of eBlock product and related equipment. The current backlog for eBlock products is strong and growing, with the majority of shipments scheduled for the first half of 2022. Last week, we introduced eBoost, a portfolio of low-carbon mobile charging solutions, and is initially comprised of three products. eBoost, the GOAT, G-O-A-T, generator on a truck, is a truck-mounted option that brings on-demand high-capacity charging to to EV truck and car owners at any convenient location. eBoost Mobile is a trailer mounted solution that provides multiple options for towing and can be available at specific businesses, large sports and cultural events, and relocated with minimal effort on short notice. eBoost Pod is a stationary EV charging solution with customizable higher capacity that can also service other power needs, especially in emergency situations, such as a power outage, serving as a backup power source with convenient power connectors and outlets available on board. The timely launch and introduction of these products have rewarded Pioneer with significant sales and overwhelming interest from the various vertical markets. We believe our early entry and the uniqueness of these products will allow us to capture a significant share of these new and fast-growing addressable markets. With that, let me turn the call over to Walter to discuss our most recent quarter's financial results.