INVEST
min $100
If you invest, you're betting Paladin Power, Inc. will be worth more than $45.192M in the future.
Fast Growth
Revenue growing 2X/yr for at least prior 6 months
$1M+ Revenue
Earned over the last 12 months
Join Paladin Power in our mission to allow every homeowner be self sufficient to power their own home without relying on the grid or need for a utility. Paladin Power is leading the transformation on how homes will be powered with our proprietary, reliable, easy to install and powerful energy storage system. With our system, homeowners and small businesses can achieve:
1) Energy Independence
2) Lower Electricity Costs
3) Self-sufficiency from the power grid
4) Power reliability in an era of weather and natural disasters
Source(s): https://finance.yahoo.com/news/battery-energy-storage-market-revenue-103000400.html
Paladin Power is the next generation of energy storage system (ESS) that captures solar energy, stores the energy and uses that energy to power your entire home or recharge your electric vehicle (EV). Paladin Power is unlike any other technology on the market.
Investors can receive up to a 30% discount on the purchase of a Paladin Power System:
Existing Paladin Investors and Customers can also receive an additional discount on the purchase of Paladin Power System if they invest:
*To be eligible for the Existing Investor perk, you must have invested in Paladin Power prior to this current round on WeFunder.
*The above discounts are additive with the main Investor perks.
Ted Thomas, CEO of Paladin Power and Investor, Customer, and VP of Sales, Andrew Lachman discuss Paladin Power energy storage system and investing in Paladin Power.
Paladin Power is uniquely positioned to be a leader in the $12.2 billion energy storage market and capture significant market share over the competitors thanks to our proprietary and patented energy storage system (ESS). Our system keeps the entire home or business running at peak efficiency and eliminates utility bills, and is offered at a lower cost compared to competitors inferior, wall mounted systems.
Sources:
https://www.factmr.com/report/residential-energy-storage-market
https://finance.yahoo.com/news/battery-energy-storage-market-revenue-103000400.html - December 2023
https://www.seia.org/research-resources/solar-market-insight-report-q2-2023
https://www.marketwatch.com/guides/solar/solar-energy-statistics/
In just the first two months of 2024, 2 major storms resulted in 1.2 million residential and commercial properties without electricity. On top of this, North America may face some of the biggest electricity shortages with more than 300 million people in the US and Canada face the growing possibility of electricity shortages beginning as early as 2024 and continuing to 2028 according to New Scientist. New Scientist went on to say "US and Canada may struggle to ensure a reliable electricity supply amid soaring energy demand from the tech industry and electrification of buildings and vehicles."
Major Power Outages Affecting 50,000 Or More People By State:
The North American Electric Reliability Corporation (NERC) Report in December of 2023 outlines the elevated and high risk areas throughout North America where the supply of electricity is at high risk or elevated risk. There are shortfalls in electricity generation during normal peak conditions in some markets in the United States,
Paladin Power expects ongoing issues with the electricity supply and grid reliability as more coal plants are shut down, increase in electric vehicle adoption accelerates and electricity costs continue to increase, especially in markets such as California.
In less than 2 years of operation, Paladin has made strong inroads in the energy store solution, which strong plans for the coming years:
In 2025, we plan to ramp up our sales and marketing efforts, with the goal of continued growth in revenue, units sold, and residential storage deployed. We believe that the tailwinds are behind us, including the following:
Finally, In response to customer feedback and market demand, we are developing a larger, more powerful, and more efficient inverter, set to launch in 2025. This new product will increase power output to 10 kilowatts (KW) per module and include built-in high-speed DC-DC charging capacity for electric vehicles (EVs).
Paladin Power's proprietary technology, form factor and incredible inverter capability gives it a major competitive advantage.
Most competitor products can only power a portion of your home. Older technologies are based on past regulations and powering smaller homes often found in Asia or Europe. Paladin Power can power your entire home in a smaller footprint compared to most competitors.
In this example, the mobile app shows 17.8 kW of solar energy is captured from solar energy and converted in real-time to power the house, the electric vehicle and charge the batteries, all at the same time. Paladin is unlike most competitive energy storage systems in that our inverter technology can convert solar power in real time to power your house and more.
To prove out our technology, Paladin Power hired JABIL, an New York Stock Exchange-listed contract manufacturer to analyze and test the Paladin Power system for reliability, manufacturing scale and future design changes. Through this process, Paladin Power signed a manufacturing service agreement (MSA) with JABIL, allowing us to have a scalable manufacturing and supply chain partner that will help us meet our revenue goals
As a part of our relationship, JABIL produced a report on the reliability of Paladin's Power Inverter Technology. JABIL reported that the mean time of failure for Paladin's technology is 664,599 or 75 years, significantly higher than our competition.
California is the one of the world's largest solar market in the world, but due to California’s Net Energy Metering or NEM regulatory changes, the solar industry started to topple in California. This resulted in a large drop in solar panel installs only and a 50% drop in valuation of solar companies. To have an ROI on your solar system, California customers must purchase a battery storage system. The NEM 3.0 changes have left a huge hole in the market for an energy storage system that could offset the majority of power in the home or office - which happens to be Paladin Power's key product feature!
Through 2023, most solar installs didn’t include a battery system because regulations incentivized customers through net energy metering (NEM) providing a discount on their electricity bill. All competitor products built technology for NEM regulations with low power solutions and didn’t create a system to offset 100% of the homeowners power. In April 2023, California stopped offering NEM electricity discounts due to the increasing sales and power consumption of electric vehicles. This positions Paladin Power as one of the only systems that can fully offset power and save customers money on their power bill.
Investing in private or early-stage offerings (such as Reg A, Reg S, Reg-D, or Reg CF) involves a high degree of risk. Securities sold through these offerings are not publicly traded and, therefore, are illiquid. Additionally, investors will receive restricted stock that is subject to holding period requirements.
Companies seeking capital through these offerings tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in private or early-stage offerings requires a tolerance for high risk, low liquidity, and a long-term commitment. Investors must be able to afford to lose their entire investment.
Such investment products are not FDIC insured, may lose value, and have no bank guarantee.
See subscription agreement, offer documents, risk disclosures and WeFunder disclosures for full risk disclosures.
