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Examples
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GE is combining waste heat recovery technology and gas engines in the largest project to date featuring newly acquired technology from Calnetix Power Solutions.
unknown title 2011
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Did I hear correctly that you expect $85 million in the backlog to reach the top line over the next five quarters and that's of course including the Calnetix backlog?
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So should we expect as you start to integrate the Calnetix sales and do you have visibility on a rebound from your two largest customers that you would see more of a step up in Q4 revenues as opposed to relatively flattish from Q2 to Q3 that we just saw.
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At the recent addition of the Calnetix TA100 product backlog from the strategic acquisition and Capstone has approximately $85 million in backlog to ship over the next five quarters.
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In the last three years, this management team has grown revenues almost sevenfold and backlog 15fold when you factor in the Calnetix acquisition.
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And then as far as Calnetix and the TA100, what Darren previously mentioned that we expect probably $10 million or so in additional revenue from sales of the product, the TA100 and then from sales of our product made it up with the way heat recovery generators that we have the rights to sell.
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In addition, Capstone and Calnetix entered into a three-year Original Equipment Manufacturer agreement under which Calnetix will supply its new, innovative, 125 kW waste heat recovery generator system to Capstone.
News 2010
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We got $17 million in backlog today, and then obviously we had the Calnetix to that as well, that's $85 million.
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Calnetix sold its microturbine business to Capstone in February, which included the entire Calnetix TA100 microturbine product line.
News 2010
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Our recent strategic acquisition of Calnetix TA100 product and OEM arrangement of 125 kilowatt waste heat recovery generator can and will only help us move along this path to profitability.
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