
businessJan 12, 20267:58pending
Power Probe CEO on IPO, innovation & 2026 growth plans
About this episode
Power Probe PLC (AIM:PWR) CEO Chema Garcia talked with Proactive's Stephen Gunnion about the company’s London AIM listing, its innovation-driven growth strategy, and key milestones investors should be watching in 2026.
Garcia discussed the company’s decision to list on the London Stock Exchange’s AIM market, despite being a US-based business with the majority of its revenues generated in the US. Garcia explained that AIM offered the most suitable platform for a company of Power Probe's size, while supporting its long-term ambition to fund innovation and expand internationally.
Founded in 1992 in Orange County, California, Power Probe specialises in automotive electrical diagnostic tools designed to simplify complex fault-finding for professional mechanics. Garcia highlighted how the company’s single-hand power circuit probes helped create an entirely new product category, with the business now offering more than 120 products backed by 81 patents. As he put it, “we’re simplifying automotive electrical diagnosis, giving them the right tool… saving time, getting straight to the problem, fixing more cars per day.”
Garcia also outlined how proceeds from the company’s approximately $15 million IPO are being used to support a new manufacturing and R&D facility in Charlotte, North Carolina. This facility brings prototyping, research and production together, allowing faster development of new tools as vehicle technology becomes more complex.
Looking ahead, Garcia said 2026 is expected to be a pivotal year, with plans to launch 15 new products, including tools designed for electric and hybrid vehicles and solutions addressing parasitic battery drain.
Expansion into the UK and wider European markets also forms a key part of the company’s growth strategy.
For more interviews like this, visit Proactive’s YouTube channel, and don’t forget to like the video, subscribe to the channel, and enable notifications so you never miss future updates.
#PowerProbePLC #AutomotiveDiagnostics #IPO #AIMMarket #EVTechnology #AutoTech #ManufacturingInnovation #InvestorNews #StockMarket #RAndD #AutomotiveTools
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