- Rectifier Technologies receives a US$22 million (A$32.6 million) product order for a customised version of its RT22 charger module
- Portuguese tech business i-charging mobilidade elétrica SA placed the order for the RT22 power supply module, which is used in DC electric vehicle chargers
- i-charging will use the modules for its ‘blueberry’ range of DC Fast Chargers
- Rectifier says it expects to fulfil the orders before the end of 2023
- RFT shares jumped 42.9 per cent to trade at 5 cents at 1:14 pm AEDT
Power conversion product developer Rectifier Technologies (RFT) has received a US$22 million (A$32.6 million) product purchase order for a customised version of its RT22 charger module.
Portugal-based tech business i-charging mobilidade elétrica SA placed the order for the RT22 power supply module, used in DC electric vehicle chargers, for its ‘blueberry’ range of DC Fast Chargers.
According to Rectifier, one RT22 can deliver 50 kilowatts of power and can be operated in parallel to size high-powered chargers of various output capacities.
According to Rectifier, i-charging is growing “rapidly” and becoming a global reference in the e-mobility sector.
Rectifier said the order was the beginning of a “long-term partnership” between the two companies and aligned with RFT’s strategy to grow its global market share.
Orders are expected to be fulfilled before the end of 2023.
RFT shares jumped 42.9 per cent to trade at 5 cents at 1:14 pm AEDT.