ReliaPE is a pending spinout from Aalborg University, focusing on the development of software tools for the reliability assessment of the power electronics used within various electrical energy systems. The underpinning methodology based on real-life environmental and loading conditions, the computational-efficient simulation models, and the reliability-oriented AI algorithms, are the core technologies of the tool. It addresses fast growing billion-dollar markets such as, E-mobility, industrial drives, renewable energies and/or household appliances, and can facilitate the time-to market and lifecycle cost reduction of power electronic products.