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Fluence Receives Emergency Order for Five NIROBOX in the Middle East

Australian Business News
Australian Business News
24 days ago|2 views
Fluence Corporation (ASX:FLC) has today announced that it has received an order for five wastewater treatment products (NIROBOX) from a customer in the Middle East for an emergency application for drinking water. These units will be used for seawater desalination in a region with limited access to fresh, potable water. The units are expected to ship within two weeks and be recognized as revenue in quarter 4 2019. Fluence says the win further validates its view that decentralized pre-engineered Smart Product Solutions are the future of the water treatment industry. The Middle East is a key target market for the NIROBOX product and Fluence is placing greater emphasis on growing orders in this region. Shares in Fluence (ASX:FLC) trading 2.4 per cent higher at 42 cents.