I think it is more just a case of management continually ticking boxes and the market finally starting to have some confidence in their ability deliver. But it could also be other much larger contracts are being finalized and perhaps news is leaking (not necessarily from Fluence). $US100m Africa contract, large scale China sales at the government level, Stanford validation toward title 22 compliance, and finally, take a dart and throw it at a map of the world; FLC management are slowly but surely building a global company and contracts could come from anywhere.
The World Economic Forum ranked water crisis as the 5th largest risk facing the world (in terms of potential impact - after weapons of mass destruction, extreme weather events, natural disasters and failure of climate-change mitigation and adaption).
We are building a global firm to address this risk and effectively monetizing through the delivery of our solutions. The potential demand for our products is astronomical and momentum is only just starting the build. We are slowly but surely proving our capability and establishing a reputation.
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Ann: Fluence awarded US$3.5M contract for Argentina power plant, page-29
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