Hillcrest Energy Technologies announced the completion of the design phase for the industry's first silicon carbide (SiC) power module optimized for Hillcrest's proprietary Zero Voltage Switching (ZVS) technology. Hillcrest's ZVS power modules are being developed in collaboration with the Company's strategic partner, Systematec GmbH, with Hillcrest retaining all intellectual property. Power modules are a critical component in all high energy-density power conversion equipment, such as automotive traction inverters.

They consist of a substrate containing power semiconductor devices (silicon carbide dies), connected to form a circuit that provides excellent electrical and thermal contact and insulation. The Hillcrest SiC traction inverter harnesses the power of the Company's proprietary ZVS technology platform. Extensive lab tests and simulations have showcased substantial improvements in system-level efficiency, performance, and reliability for electric systems such as electric vehicles and stationary energy generation and energy storage systems.