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- Fluence Corporation (FLC) signs a US$1.9 million (A$2.7 million) contract with the US Government for the supply of four wastewater treatment plants
- The order was placed by SupplyCore — a contractor to the US Federal Emergency Management Agency (FEMA), which falls under the US Department of Homeland Security
- The pre-engineered plants are expected to be delivered, along with corresponding revenue, by the end of the third quarter this year
- Fluence shares were down 2 per cent today, trading at 24.5 cents at 12:50 pm AEST
Fluence Corporation (FLC) has secured a US$1.9 million (A$2.7 million) contract with the US Government for the supply of four wastewater treatment plants.
The pre-engineered plants are expected to be delivered, along with corresponding revenue, by the end of the third quarter this year.
The company says all of the plants use conventional treatment technology, meeting the specific needs of each of the projects, and will support hurricane relief efforts in Louisiana.
The order was placed by SupplyCore — a contractor to the US Federal Emergency Management Agency (FEMA), which falls under the US Department of Homeland Security
SupplyCore was recently awarded a five-year contract to procure up to US$92 million (A$130 million) worth of water purification equipment for the US government.
Fluence CEO and Managing Director Tom Pokorsky said the company was “very pleased” to be signing the contract.
“Given the increasingly tight US wastewater treatment standards and increasing
water scarcity, we intend to offer our flagship products, MABR and Nirobox, in support of any potential future SupplyCore opportunities,” Mr Pokorsky said.
Fluence shares were trading down 2 per cent today, trading at 24.5 cents at 12:50 pm AEST.
