Power Probe PLC (PWR): New US manufacturing facility opening
This situation live
PWR Power Probe PLC
11 Dec 2025 · Funded by IPO proceeds; not yet open · +2% until the next step
open the manufacturing facility in the US, which will strengthen the Group's innovation pipeline and add production capability closer to the Group's core markets;
9 Feb 2026 · Investing in manufacturing assets; not yet producing · −17% until the next step
Looking further ahead, the Group sees significant opportunities for longer-term growth in top line and margin through the investment in manufacturing assets in the Charlotte, N.C. facility which will
27 Apr 2026 · Charlotte investment under way, not yet producing · −8% until the next step
We look forward to updating shareholders on our progress here during the course of 2026.
30 Jul 2026 · Investment progressing, not yet producing · −11% until the next step
Looking beyond FY 2026, the Group continues to see significant opportunities to deliver both revenue growth and margin expansion through its investment in manufacturing capability at its Charlotte, N.
14 Sep 2026 · New US entity set up; design and works progressing · −7% since
Significant progress on the development of the Group's US manufacturing capability in Charlotte, N.C., including the establishment of a new US manufacturing entity and continued progression of facilit
New US manufacturing facility opening
New US entity set up; design and works progressing
Next: continued facility design and infrastructure works
Every step · 5
- 11 Dec 2025 Funded by IPO proceeds; not yet open – open the manufacturing facility in the US, which will strengthen the Group's innovation pipeline and add production capability closer to the Group's core markets; ↗
- 9 Feb 2026 Investing in manufacturing assets; not yet producing – Looking further ahead, the Group sees significant opportunities for longer-term growth in top line and margin through the investment in manufacturing assets... ↗
- 27 Apr 2026 Charlotte investment under way, not yet producing – We look forward to updating shareholders on our progress here during the course of 2026. ↗
- 30 Jul 2026 Investment progressing, not yet producing – Looking beyond FY 2026, the Group continues to see significant opportunities to deliver both revenue growth and margin expansion through its investment in... ↗
- 14 Sep 2026 New US entity set up; design and works progressing – Significant progress on the development of the Group's US manufacturing capability in Charlotte, N.C., including the establishment of a new US manufacturing... ↗
What is happening
Power Probe PLC: New US manufacturing facility opening – New US entity set up; design and works progressing. ['New US entity set up; design and works progressing']
- Announced
- 11 Dec 2025 · Funded by IPO proceeds; not yet open
- Latest
- 14 Sep 2026 · New US entity set up; design and works progressing
- What it changes
- Margin gains are confirmed (gross margin 50.4%), but H1 revenue and EBITDA fell and higher public company costs weigh on profit. The story now rests on H2 launches delivering.
What comes next
continued facility design and infrastructure works.
From the company's own announcements. Not investment advice.
Briefing
Power Probe PLC in 4 minutes
Power Probe, founded in California in 1992, makes electrical diagnostic tools for professional car-repair technicians. It listed on London's AIM in December 2025 and in the first half of 2026 sold less ($17.7m...
- Act 1Growth, then a stock-market listing
- Act 2The AIM float and its promises
- Act 3A smaller first half, a richer mix
Also at Power Probe PLC 2 open
Insider conviction1 director buying – £160k in 2 buys
Capital returnProgressive dividend, first payment 2026 – Buyback of up to $1.0m added to dividend
Insider conviction1 director buying – £37k in 1 buy · closed
Power Probe PLC – company page →