Sprintex Limited (ASX: SIX) has landed $350,000 worth of new orders within the clean energy sector.
Hyliion Holdings Corp, a US-based advanced linear power generator manufacturer and developer of sustainable electricity-producing technology, has placed a significant order for high- speed electric compressors, totalling approximately A$165,000, for phase two of a clean energy power generation programme.
Additionally, the company has secured ~A$185,000, for Phase 2 Non-Refundable Engineering fees and samples for an ongoing project. If successful, production is anticipated to commence in 2027.
The company has provided numerous samples of e-Compressors to over 15 clean energy development programs globally within the last year. Some of these programmes anticipate a demand for over 200 units by 2024. These compressors accommodate both hydrogen and non-hydrogen fuelled initiatives, demonstrating flexibility with alternate fuels such as compressed natural gas, biogas, methanol, or ammonia.
G-Series high-speed industrial blower update
The company is presently prioritising the rollout of its newly introduced G-Series high-speed industrial blower range (see announcement of 18 October 2023).
The marketing and distribution rollout for the recently released G Series Industrial range is gaining momentum and experiencing increased acceptance within traditional industrial blower market segments. The G Series, known for its small size, quiet operation, lightweight design, and exceptional efficiency, is attracting significant interest from various sectors including wastewater aeration, aquaculture and fish farming, PCB (electronics) and semiconductor industries, industrial processes, food and beverage production, and more.
Following canvassing end users at various conferences and events, the company has introduced another popular size to the G15 range, offering a 7.5kW option. This addition provides higher flow and lower pressure to suit many existing applications.
Dealers and distributors in the mainland China market anticipate replacing at least 5000 units ranging from 3.5kW to 7.5kW currently in operation with the highly efficient Sprintex G series. This transition is expected to save end-user customers up to 40% in energy and operating costs. Similarly, Australia, New Zealand, and other markets foresee more than 2000 replacements annually with the G series.
Negotiations for exclusive distribution in the UK and non-exclusive distribution of the G series in Europe are progressing well.
To meet increasing demand, the company plans to expand production facilities for the G Series at its wholly owned subsidiary, Sprintex Clean Air (Malaysia) Sdn. Bhd., during the second half of calendar 2024. This expansion aims to provide additional capacity for the Middle East and Indian subcontinent regions.
“Sprintex is contributing to the emergence of 'hybrid' clean energy advancements. By 'hybrid', I refer to a significant progression towards hydrogen fuel, fostering the introduction of more efficient technologies without the need for extensive hydrogen infrastructure. This development is crucial in bridging the current gap towards widespread adoption of hydrogen-fuelled vehicles and machinery,” Managing Director, Jay Upton, said.
“Additionally, we are excited to see so many applications emerging for the G Series. Sprintex has moved into the clean air sector over the past 3 years, and now offers clean air supply devices which have the best efficiency and offer the end users the lowest operating cost per hour, and ultimately the cheapest clean air available.
“The clean air market is immense in every geographical region of the world and will easily consume all the product we are able to manufacture at the present time.”
