Reach - a non-regulatory announcement

AIM: FIPP

18 March 2025

Frontier IP Group Plc

("Frontier IP" or the "Group")

Portfolio news - Pulsiv wins PSMA's first Global Energy Efficiency Award

Frontier IP, a specialist in commercialising intellectual property, today notes the following announcement from portfolio company Pulsiv Limited ("Pulsiv" or the "Company") that it has won the first Global Energy Efficiency Award awarded by leading trade body the Power Sources Manufacturers Association ("PSMA").

Pulsiv won the award for its ground-breaking 65W USB-C design which delivers world-leading performance (97.43 per cent peak, 94.2 per cent average efficiency) and ultra-low operating temperatures.

The PSMA, founded 40 years ago, is a leading trade association for the global power electronics industry and established this award to recognise a "world achievement in systems design to improve energy efficiency".

David Chen, Chair of the PSMA's Energy Management Committee said Pulsiv's USB-C charger design "sets a benchmark for thermal performance and efficiency; addressing a growing demand for fast-charging solutions in compact heat-sensitive applications."

Frontier IP held a 17.9 per cent equity stake in Pulsiv as at 30 June 2024, the last reporting date.

Neil Crabb, Frontier IP Chief Executive Officer, said: "We are delighted for Pulsiv. To gain such prestigious recognition from a major global trade association underlines the potential for Pulsiv's technology to revolutionise the power conversion industry."

Pulsiv statement begins:

Pulsiv announced as winner of the PSMA's first Global Energy Efficiency Award

Pulsiv Limited, the Cambridge (UK) innovator of power electronics technology, has won the PSMA's (Power Sources Manufacturers Association) first Global Energy Efficiency Award. First announced on 22^nd April 2024 (Earth Day), the goal of the award was to recognize a "world achievement in system design to improve energy efficiency".

Nominations were collected until 9^th September 2024 with the finalists being announced on 2^nd October 2024 (Energy Efficiency Day). The judges evaluated finalists based on their total global  impact on the power electronics industry and where the focus was on energy efficiency rather than renewables or electrification.

During a ceremony at APEC 2025 in Atlanta, GA, which coincided with the PSMA's 40^th anniversary, Pulsiv was announced as the winner for their ground-breaking 65W USB-C design which delivers ultra-low operating temperatures and a peak efficiency of 96%.

David Chen, Chair of the PSMA's Energy Management Committee commented: "The PSMA Energy Management Committee selected Pulsiv as the winner of our 2025 Global Energy Efficiency Award, because its high-efficiency 65W USB Type-C reference design sets a benchmark for thermal performance and efficiency while addressing the growing demand for fast-charging solutions in compact, heat-sensitive applications."

Pulsiv CEO Darrel Kingham collected the prestigious award and added: "I'm proud to receive this award on behalf of the Pulsiv team. It has taken years of dedication, a close collaboration with our ecosystem partners and the ongoing support of investors to deliver this groundbreaking design. USB-C has been the perfect showcase for Pulsiv OSMIUM technology and we plan to achieve similar success across a broad range of applications. Energy prices, regulations, and the green agenda are driving the need for electronic devices that can do more while using less."

PSMA president, Trifon Liakopoulos said: "We thank all participants who submitted nominations for the award. Energy efficiency is a consideration of nearly all facets of the PSMA, comprising our 14 committees and forums, publications, technical workshops, seminars and conference tracks. The presentation of this singular award in connection with the organization's 40th anniversary, truly reflects PSMA's raison d'être and active contribution to the industry. So much good work is being performed on energy conservation, it's difficult to recognize it all. Nonetheless, it is our privilege to highlight a few shining contributions exemplifying a dedication to energy efficiency through innovative system design."

Pulsiv's 65W USB-C reference design combines the company's OSMIUM PFC technology with QR Flyback and highly optimized, ultra-compact magnetics. It represents the first in a series of designs aimed at pushing the boundaries of power conversion by drastically lowering operating temperatures, minimizing losses, and reducing size to create a sustainable platform for the USB-C standard.

ENDS

ENQUIRIES

ABOUt pulsiv

Pulsiv was founded in 2013 by Dr Zaki Ahmed after he successfully patented new & intelligent methods for improving power conversion efficiency. Located in Cambridge (UK) and Plymouth (UK), we design & develop world-leading electronic solutions for AC to DC Power Supplies and Solar Energy applications using a growing suite of over 85 patents. Our unique power electronics technology can benefit billions of consumer and industrial devices whilst also enhancing every photovoltaic installation around the world. Our goal is to maximize performance, simplify thermal management, and reduce overall energy waste enabling future products to become safer, more reliable, and less harmful to the environment. 

www.pulsiv.com

ABout frontier IP

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.