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Wednesday, October 25, 2017 12:44:14 PM
A $10 billion beverage Company (from conference call) ordered.
"Includes Q1’18 sales plus a $0.5M order - Flux’s largest-ever - from a global beverage company for delivery in November."
The average battery cost is somewhere around $3,000 so that works out to somewhere around 166 batteries - which sounds like a lot more than a 'test' order. So now we just have to figure out how many Walkies the beverage company has in total, to get a better idea of the magnitude of the potential, from this single customer.
Impressive, no matter how I dice it.
With every technology Company, I look at, the number one hurdle is getting that validation order - which enables other purchasing managers to say, "Well XYZ bought it, so we should buy it too" and not risk their employment by ordering an unproven technology which may later fail.
https://finance.yahoo.com/news/flux-power-sees-ramping-lithium-123800331.html
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