Email from Jay Upton:
Dear Shareholders,
I hope this email finds you well. I'm excited to share some significant updates following our ASX announcement of Smart Aeration Solutions (ASX 14/11/2023) a division dedicated to commercialising our new G Series Turbo Blowers.
Successful Launch at WETEX Dubai
Sprintex with Smart Aeration Solutions, unveiled the G-Series at the prestigious Water Energy Technology Expo (WETEX) in Dubai last month, we have received an overwhelmingly positive response. The event facilitated valuable discussions with potential distributors from various regions and end users in diverse sectors such as wastewater treatment, aquariums, and aquaculture. The interest in our energy-efficient G Series turbo blowers from these sectors was evident, showcasing the broad applicability and demand for our products. To view the photos and videos taken at the event, click here: https://photos.app.goo.gl/yKA1TFMMQCwRXZjX6
Exceptional Cost-Efficiency and Value
One of the most compelling aspects of our G Series blowers is their financial viability. The capital expenditure (CAPEX) on these blowers is generally recouped within six months through operational expenditure (OPEX) savings. This rapid return on investment, coupled with further savings provided by our innovative Smart Pulse Aeration (SPA&trade system, positions the G Series as the best value-for-money option for clean air technology on the market. Sprintex is confident that our products not only lead in technological advancement but also in economic efficiency, offering our customers unparalleled value. The markets for the G Series range are massive even individually, and collectively will provide Sprintex with significant growth opportunity over the coming 2-3 years, building shareholder value to an entirely different level as we grow into this opportunity.
On-track for Mass Production
Serial production of the G Series has commenced, and we remain on schedule to plateau stage one of mass production of the G15 and G25 blowers during Q1 2024, at our initial target of 50 x G15 and 5 x G25 daily. This step is crucial in meeting the anticipated demand and underscores our commitment to expand as demand requires.
Looking Ahead
As we advance towards mass production and broaden our network of distributors and end users, Sprintex is set to make a significant impact in the realm of green technology. Our participation in WETEX Dubai has strengthened our position as a leader in sustainable innovation and technological excellence.
Our Australian based shareholders will have an opportunity for a first-hand look the G Series in Q1 of 2024, at the ‘Connected by Water’ conference at the Perth Conference and Exhibition Centre.
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