Polar Power Inc (POLA)

[southacresdave]

Namimbia....they announced on Linkedin they finished the tower building contract. There are still 410 or so towers to go and they should (imo) capture a higher % of them. They did 9% of the first round and even if it goes to 15% for the remaining, that's $4.8M. That doesn't include getting more contracts from Huwaei for putting equipment on or getting contracts for Phase II for generators.

Original PR last summer to catch you up:

https://globenewswire.com/news-release/2018/07/12/1536550/0/en/Polar-Power-Enters-Wireless-Infrastructure-Market-in-Namibia-Africa-Receives-Initial-0-8-Million-Purchase-Order-from-Mobile-Telecommunications-Limited-to-Construct-New-Cell-Sites-A.html

Last news report on overall project in Namimbia:

https://www.namibian.com.na/184911/archive-read/MTC-completes-41-tower-sites