Independence Power Holdings, Inc.

Independence Power Holdings, Inc. develops and implements industrial battery management and monitoring systems. The company was incorporated in Nevada on April 30, 2024. Prior to a merger, the company, then known as TriUnity Business Services Limited, was headquartered in Kuala Lumpur, Malaysia, and offered business services including accounting, bookkeeping, human resources management, payroll, administrative support, and recruitment services to companies in Malaysia. Following the merger, the company expanded its activities to include the business of Independence Power and moved its headquarters to Dallas, Texas. The company manages a fleet of 101 utility scale batteries owned by a rural electric cooperative. Its primary business involves the software and hardware development, implementation, and installation of industrial battery management and monitoring systems for high voltage battery storage systems. The company's battery energy storage system ("BESS") solution is intended for deployment at unconventional oil and gas operations, initially in the Permian Basin in western Texas and southeastern New Mexico and other key energy-producing regions in the United States, with eventual global expansion. In October 2025, the company installed the BESS Fleet at a site in Mentone, Loving County, Texas. Independence Power, Inc. was incorporated in Texas on October 22, 2025, and acquired all equity interests in Kyma Batteries, LLC, making Kyma Batteries a wholly-owned subsidiary effective November 1, 2025. Kyma Batteries was formed on December 8, 2023, and began operations on January 1, 2024.