Ann: Fluence Receives US$3m Follow-On Aspiral Order from ITEST, page-5

@sell,

The $ per m3/d isn't directly comparable between iTEST and the other 2 deals, as iTEST have both their Aspiral S1's and Aspiral L4's set to a very low m3/d to deal with their type of wastewater and weather conditions. iTEST use 15 m3/d for an S1 and 100 m3/d for an L4.

Hunan Kaitian used a 200 m3/d rating for their L4s, so technically their deal would be worth about half what the iTEST deal is worth, however it seems like Hunan Kaitian might be using some additional auxiliary equipment over iTEST.

Liaoning Huahong is harder to price due to it being in a cold weather region and also they may incorporate more SUBRE sales into their deal.

However, your main takeaway that there is plenty of potential $$$ to be had from multiple incoming deals across their suite of product ranges in the next few years still remains.