Yes, ARC Energy has the contract to build the 500k units and Quantum has an agreement with ARC that pays them for $1000 per deployed system plus 20% electricity royalties.
ARC Energy has contracted with PNOC to develop 500,000 affordable housing units and it anticipates starting construction on these units in Q2
the Company will receive a license fee of $3,000,000.00 and a $1,000.00 payment, under a cost-plus contract, for each residential housing unit powered by its Direct Energy System
Has QE/FLCX begun manufacturing the energy systems for sale? Also, Is there any news from Viridis or Aesir Energy? Their office + facility was to open in April.
Initial Direct Energy Systems will be supplied by the Company in the United States.