Latest order confirms growing momentum into second half of fiscal 2024.
Granted 1,760,000 options to purchase common shares to officers and directors of the Company as part of an overall remuneration and incentive program.
Larger production facility will more than double throughput capacity.
Sharp uptick in order intake subsequent to quarter end.
The project is expected to deliver $1.2 million in annual fuel savings.
This latest heat recovery order will be the sixth turn-key project with this customer since 2019.
William Crossland provides his commentary on Thermal Energy’s fiscal 2023 fourth quarter and year end results and the Company’s outlook for fiscal...
Company’s order intake up 130% in fiscal 2023.
Two additional project development agreements underway with a global master services agreement.
The Company received orders totalling $27.3 million during the twelve-month period, which was up 133% year-over-year for its fiscal year ended May...