FormerXBC Inc XEBEQ

RE:RE:RE:XBC receives $6.3 in orders

[Zipolitemexico]

Brandon's answer

Yes, it’s an exciting announcement because the hydrogen opportunity is starting to develop and we have been benefitting from those tailwinds/
 
This is a mixture of orders from companies such as Bayo Tech, large gas utilities, and developers. Hydrogen orders for us currently are typically in the range of $400K - $800K as we provide the core technology that enables the generators to produce fuel cell grade quality hydrogen (99.999% purity).
 
We will also be announcing our hydrogen strategy later this year. This will help make it more clear how we will be playing in the industry on a more significant scale.
 
Regards,
Brandon

Ciao wrote:

Zipolitemexico wrote: The news release didn't do a great job of leading into the Bayo Tech quote. I am assuming all these orders
are partnered with Bayo Tech?



 

I would say no. 

"...that it has received $6.3 million in hydrogen and helium PSA purification orders from customers in South Korea, United States, Canada, Italy, Poland, Trinidad and Tobago, and China. As worldwide adoption for hydrogen accelerates, Xebec’s robust and efficient PSA technology is being selected for integration into steam methane reforming and electrolysis hydrogen generation systems."

It mentions "customers" and various countries, also a helium unit.