This is a re-posted press release
Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Digital Power Corporation (NYSE American: DPW), a company that designs, manufactures, and sells high-grade customized and off-the-shelf power system solutions. The Company’s wholly owned subsidiary, Digital Power Limited that does business as Gresham Power Electronics, is based in Salisbury, UK. The Company’s majority owned subsidiary, Microphase Corporation, has its headquarters in Shelton, CT.
Digital Power recently announced the formation of a subsidiary, Coolisys Technologies, Inc. The company also announced that Coolisys has entered into an Agreement with PoW Digital Mining to lead its development of an equipment and services portfolio targeting Digital Mining and related research and development of Crypto Currency. These active digital mining markets led by Bitcoin, Ethereum and the other 900+ digital currencies have created a growing hardware demand driving the need for efficient low-cost power solutions.
Coolisys is a wholly owned subsidiary operating as a technology-centric holding company dedicated to servicing the defense and aerospace sectors, as well as industrial and medical based businesses worldwide.
Coolisys, has recently entered into an agreement to purchase Power-Plus Technical Distributors, LLC, a California limited liability company. Power-Plus is in the business of transforming standard off-the-shelf power supplies into fully tested, plug-and-play power systems specifically tailored to meet customer applications. As per management, this acquisition would add significant value and will be assisting Coolisys to unlock value throughout its subsidiaries.
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